Family Business in Saudi Arabia: Role Model for Corporate Governance
Anees Ahmed Moumina, CEO of SEDCO Holding talks about the family business in Saudi Arabia and corporate governance.
Luxury Retail Sector in Kuwait is Growing
The retail market of Kuwait is really growing up right now. It has seen good growth and especially over the last 5 years we have seen tremendous changes. One of the biggest malls here is called The Avenues and has about 300 outlets.
“Beit Binzagr”: Evolution of Family Business in Saudi Arabia
The term we use is “Beit Binzagr” as opposed to Binzagr Group. “Beit Binzagr” is a house, in Jeddah that means a trading house. A number of other merchant families would also refer to themselves as “Beits”.
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SEDCO: Increasing Investments in Saudi Arabia
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.
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Tamer Group Discusses Pharmaceutical Industry, Economy and Doing Business
In addition, according to Ninth Development Plan by Ministry of Economic & Planning, increasing life expectancy (74 years) which is leading to an ageing population in need for specific and costly health services (> 60 years are growing from 4% to 7% in 2020).
Saudi Arabia’s Largest Family Companies
Marcopolis.net has compiled the ranking of the top family holdings in Saudi Arabia. View the list of the largest conglomerates in the country. The largest family owned conglomerates are Bin Laden Group, Savola Group and Saudi Oger.
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Doing Business in Saudi Arabia: Security is Number One Challenge
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.
Leading Clothing Brand for Men in Saudi Arabia: Richy
“Richy is one of the best brands because we do not compete with our products but with our services. We have tried to make Richy a luxury brand. We are not just selling a piece of fabric because anybody can do that,” explains Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate.
Al Ajlan Allied Group: Textile Trading and Real Estate
“Al Ajlan Allied Group is divided into two sectors, trading and real estate. Our business is shared equally between trading and real estate,” says Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate.
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Doing Business in Saudi Arabia is the Easiest According to Zamil
Abdul Rahman Al-Zamil, Chairman of Zamil Group
Without any hesitation I can tell you that doing business in Saudi Arabia is the easiest of all of these countries. Easy business doesn’t mean only government procedures.