Saudi Arabia Stories - MarcoPolis

Doing Business in Saudi Arabia: Steady Improvement

February 10, 2015

Over the past decade, Saudi Arabia has emerged as one of the best places to do business in the 博鱼体育娱乐平台 East. In its ranking 鈥淓ase of Doing Business鈥� Index 2011, the World Bank ranked 11th out of 183 countries. Saudi Arabia has made significant progress by moving up to 11th place from the 67th place in the global ranking it occupied in 2005.

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Saudi Arabia: The Largest Economy in The 博鱼体育娱乐平台 East

February 10, 2015

Saudi Arabia is the 19th world鈥檚 largest economy and the biggest economy in the MENA region. The country is the world鈥檚 largest exporter of oil, with an estimated 8,865,000 barrels of oil per day production. The petroleum sector accounts for roughly 92.5% of budget revenues, 55% of GDP, and 90% of export earnings.

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Saudi Arabia: The Kingdom Embraces Change and Reform

February 9, 2015

Despite Western media relentlessly branding Saudi Arabia an archaic, backwards-oriented Islamic monarchy, the kingdom has done bold steps which aim to get its population back to work by diversifying its energy-oriented economy, empowering women to study work and by embracing the digital age like few other Arab countries.

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Saudi Banking Sector: Saudi Banks Bank on Change

February 9, 2015

Saudi banks are not only earning money on oil trading. While one might suggest that Saudi lenders became big due to a windfall of the country鈥檚 revenues from energy exports, little is known about the Saudi role as the biggest capital market in the Arab world.

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Saudi stock market opens up to foreign investors

July 25, 2014

The Saudi Arabia’s cabinet authorized the Capital Market Authority to allow foreign investors to buy and sell stocks on the Saudi stock market.

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Typhoon Repair in Saudi Arabia

July 24, 2014

As part of BAE Systems’ Industrialisation Programme the Company has been working closely with AEC and Rockwell Collins Deutschland, the original equipment manufacturer (OEM), to establish indigenous repair capabilities in the Kingdom in order to provide sovereign support to the RSAF’s Typhoon fleet.