Saudi Arabia - MarcoPolis

Priyan L. Attygalle CEO of American Express, Saudi Arabia
Saudi Arabia, compared to the other nations in the GCC, has the largest population. It also has the largest local population. So the demographics mix is different. In the credit card industry, the way we deal with the customer base is very different because we are able to build long term relationships with the customers and service their needs as their requirements grow throughout their life cycle.

Invest in Saudi Arabia Saudi Arabia Investments Saudi Arabia Videos

Best Investments in Saudi Arabia According to Blominvest: Mecca and Medina

February 6, 2015

“I believe that in some areas there is a potential for growth – Mecca, for example, or Medina, because the government is trying to make huge expansions for both Holy Mosques. The thing is that for those people who invest in Mecca, they cannot just go to invest in other places,” says Abdullah Saud Al-Rashoud, CEO of Blominvest Saudi Arabia.

Saudi Arabia Insurance Saudi Arabia Interviews

Saudi Insurance Market: Industry Challenges and Opportunities

February 6, 2015

Bader Saad Al Shaya, VP Marketing and Sales of Solidarity Takaful
Previously there were about 90 insurance companies; now there are around 35 and all of them are licensed and controlled. Lots of major steps have been taken in terms of regulations and in terms of controlling the market.

Saudi Arabia Economy Saudi Arabia Financial Services Saudi Arabia Videos

Saudi’s Penetration Rate for Credit Cards is Steadily Increasing, says Amex

February 6, 2015

“The penetration rate for credit cards is certainly lower than cash at present, but it is steadily increasing. I can see over the last eight years there has been a visible shift from a cash economy towards an electronic economy,” says Priyan L. Attygalle, CEO of American Express, Saudi Arabia.

Saudi Arabia Economy Saudi Arabia Financial Services Saudi Arabia Innovation Saudi Arabia Videos

Cashless Payments and E-Commerce in Saudi Arabia

February 6, 2015

“There has been a visible shift from a cash economy towards an electronic economy, in terms of cashless payments such as cards and the growth of internet payments and internet banking. It’s growing at an exponential rate,” says Priyan L. Attygalle, CEO of American Express, Saudi Arabia.

Saudi Arabia Insurance Saudi Arabia Interviews

Saudi Insurance Sector Growth Amid Intense Competition

February 6, 2015

Gary M. Lewin, CEO of AXA Cooperative Insurance Company
The big differential here in Saudi Arabia is the demographics: it is a very young population and it is the largest population in the Middle East and among all the states in the Gulf. From an AXA Group perspective, this is where we see huge growth potential.

Saudi Arabia Financial Services Saudi Arabia Videos

American Express (Amex) in Saudi Arabia: Unique Products

February 6, 2015

“In American Express in Saudi Arabia, we concentrate very much on the high-net-worth consumers and corporates. These are two areas in which we are very strong and we have very unique products,” says Priyan L. Attygalle, CEO of American Express, Saudi Arabia.

Saudi Arabia Industry Saudi Arabia Interviews

Saudi Multi-Billion Dollar Market for Industrial Environmental Services

February 6, 2015

The market for environmental services in Saudi Arabia is big and it is booming. Many companies have invested in Saudi Arabia particularly in the oil and chemical sectors. Therefore, there exists a great need to dispose of the waste products from these industries in order to protect the environment.

Saudi Arabia Family Business Saudi Arabia Interviews Saudi Arabia Real-Estate

Riyadh Towers: SAR 450 million Project Slated for 2016

February 6, 2015

Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate
In real estate, we have many companies, one of which is Ra-yek Real Estate. We have developed many projects including Sky Towers and Nakheel Towers. We are working on another project, which will be the Riyadh Towers, and is due to begin construction in 2015 or early 2016 and should be concluded by 2017.

Saudi Arabia Interviews Saudi Arabia Real-Estate

Rapid Development of Saudi Real Estate Market

February 5, 2015

Majed Al Hogail, Managing Director of Rafal Real Estate Development Co. The government´s plan is based on the Royal decree to develop and provide 500,000 units.