Saudi Arabia: FDI, Investments, Doing Business and Economy by SEDCO
Anees Ahmed Moumina, CEO of SEDCO Holding talks about foreign direct investments and doing business in Saudi Arabia.
List of all articles filed under “invest-in-saudi-arabia” category.
Anees Ahmed Moumina, CEO of SEDCO Holding talks about foreign direct investments and doing business in Saudi Arabia.
Anees Ahmed Moumina, CEO of SEDCO Holding talks about the outlook for the Saudi capital markets.
The challenge at FDI, is how to bring foreign direct investments into a country with a troubled neighborhood. But as one of the emerging market powers, the public equity is going to be opened in Saudi Arabia in the middle of this year.
What is interesting about doing business in Saudi Arabia is the continuous growth pattern in the economy; that’s what makes it interesting, not only in the short-term, but in the long-term. Saudi Arabia’s economic growth is driven by its demographics: we are a young and growing population, a big and spacious country (around the size of Western Europe), and relatively undeveloped in many infrastructure areas.
Itqan Capital is a Sharia Compliant company focusing on four main lines of business, Asset Management, Principal Investment, Investment Banking and Custodial Services.
Doing business in Saudi Arabia has become more regulated. That is one of the reasons why have such split views. The role of SAGIA, the investment authority, has become more active. They are supervising the investors, checking whether the investors with license are really active or not.
Jamal J. Malaikah, President and COO of NATPET, talks about the major investment opportunities in the petrochemical sector in Saudi Arabia.
“The options are either through funds or through swaps. Foreigners would prefer direct ownership of securities and this has been an ongoing debate for quite some time,” explains Dr. Boutros Klink, CEO of Standard Chartered.
Al Saedan Real Estate – Opening of the Saudi Capital Markets
The Capital Market Authority’s report disclosed the total market capitalization of the Saudi bourse at 1,945.15 Billion Riyals for the first half of 2014, up 29.93% from last year’s second half.
The Kingdom of Saudi Arabia and oil are some of the oldest synonyms in contemporary history. But the kingdom has more to offer than black gold, and the government in Riyadh is working tenaciously to diversify the economy. “If you compare it by GDP, oil represents 85 percent in Saudi Arabia,” says Abdulrahim Al-Zamil, Chairman of the multi-industry conglomerate Zamil Group.