Interviews - MarcoPolis

The Islamic finance industry has evolved in the direction of complying with the conventional system. Islamic finance industry has to rethink its philosophy. The latest trend in the industry is the emergence of innovations from Islamic institutions that are derived from the principals of the Islamic finance philosophy, not from the motive of providing solutions or mimicking the conventional finance systems.

Saudi Arabia ICT Saudi Arabia Innovation Saudi Arabia Interviews

With over 27 million consumers, Saudi Arabia is the largest ICT market in the Middle East

April 12, 2016

With over 27 million consumers and a number of global enterprises, Saudi Arabia is the largest ICT market by far in the Middle East. For example, the Saudi telecoms and information technology industry represents about 51 to 55% of the total Middle Eastern market.

Saudi Arabia ICT Saudi Arabia Innovation Saudi Arabia Interviews Saudi Arabia Telecom

Mobily: exclusive interview with Ahmed Farroukh

April 12, 2016

Our focus in investment will definitely be on 4G. It will take almost two years of testing for 5G to see the light. For us, LTE will be our main investment.

Saudi Arabia Industry Saudi Arabia Interviews

Middle East Specialized Cables: strategy and expansion plans

April 12, 2016

I think this is a transit period and that probably over the next 6 to 9 months it will recover again. However I see big potential in the African and North African market. This will be our focus for next year.

Saudi Arabia Industry Saudi Arabia Interviews

Saudi manufacturing sector able to compete on global scale

April 12, 2016

We have two issues here. As you said, there are many new laws, but there is also development. There has been substantial development of the e-platforms in Saudi Arabia for interacting with the government and that has substantially eased the burden when it comes to operations. Most of the materials that we deal with here in Saudi Arabia are available locally.

Saudi Arabia ICT Saudi Arabia Innovation Saudi Arabia Interviews

Market for IT services in Saudi Arabia grows 12-13% annually

April 11, 2016

The market for IT services grew at about 12 to 13%.

Saudi Arabia Industry Saudi Arabia Interviews Saudi Retail

L’Azurde has expanded to become the largest gold and jewelry manufacturer in the Middle East and North Africa region

April 8, 2016

L’Azurde started in Saudi Arabia 35 years ago. We have expanded to become the largest gold and jewelry manufacturer in the Middle East and North Africa region. We are the fourth largest in the world. This has happened thanks to continuous investments in technology, innovation, and manufacturing. Today, we invest in talented people and machines. We have more than 2,500 craftsmen and more than 600 different kinds of machines developing jewelry.

Saudi Arabia Insurance Saudi Arabia Interviews

Analysis and outlook for the Saudi insurance sector: the market lost SAR 200 mln

April 8, 2016

The top 10 companies are still fairly profitable, and their profitability has increased, but the other companies– some 32 beyond the top 10– are not experiencing the same results.

Saudi Arabia Industry Saudi Arabia Interviews

Saudi Arabia to invest more than US$10 bn into the mining sector by 2020

April 8, 2016

I believe our government will support the mining sector as the third pillar of the Saudi economy, and in the near future, I am sure that new investors will come to invest in the mining sector especially for precious, base metals and also in the industrial minerals.

Saudi Arabia Innovation Saudi Arabia Interviews Saudi Arabia Investments Saudi Arabia Knowledge Economy

Riyadh Valley Company: capitalising on emerging investment opportunities in tech sectors

April 8, 2016

We were established in 2010 and since then we have invested in around 16 companies but it is common to pull your investments out of certain companies sometimes which we have done two or three times. Of those 16 companies, 3 are international, 3 are JVs locally here but with international partners and the remaining companies are start-ups based on Intellectual Properties emerging from the university.