MENA companies raised US$11.5 bn in 2014 through 27 IPOs, almost four times more than the US$3.0 bn raised in 2013 through 25 IPOs, according to the EY MENA IPO Eye: Q4 2014. The highest amount of capital was raised in 2014 since 2008.Phil Gandier, MENA Transaction Advisory Services Leader, EY,...
INSEAD, the leading international business school, today released the 2014 edition of its annual Global Talent Competitiveness Index (GTCI). The study, which measures a nation’s competitiveness based on the quality of talent it can produce, attract and retain, was produced in collaboration with...
While organizations in Saudi have existing security strategies in place that provide defense against a range of cyber attacks, today’s sophisticated threat landscape exposes organizations to a number of risks for which they are not prepared. Security expert Glen Ogden, Regional Sales Director,...
The Bayt.com Career Aspirations in the Middle East and North Africa survey, recently conducted by Bayt.com, the region’s number one job site, and YouGov, a research and consulting organization, has revealed that the most preferred industry to work in, according to MENA respondents, is oil, gas...
As we move out of the haze of end-of-year celebrations and back into high gear for 2015, let’s take a look at what the automobile industry has to offer us this new year. With everything from compact hatchbacks to powerful all-wheel drives to highly exclusive luxury sedans, this list has a little...
AUDI AG clearly exceeded its goal of 1.7 million deliveries: By year-end, the company handed over around 1,741,100 cars to customers, 10.5 percent more than in 2013. The company once again accelerated its growth pace and achieved around 165,600 additional customers and the second-highest volume...
The Kingdom of Saudi Arabia’s logistics sector is poised for further significant expansion in 2015. According to industry experts, the value of the local industry is expected to reach SAR 67.5 billion during this year. Saudi Arabia’s thriving sector is reflective of the entire GCC’s...
“The 2015 Budget reflects the strength and stability of the Saudi economy, and confirms that the kingdom will proceed with its comprehensive and sustainable development plans; it also promotes the importance of the contribution of the private sector in the development process.”, Said Majed Al...
The hospitality sector in Saudi is booming. Recent industry reports about the hospitality industry in the Middle East have indicated that Saudi Arabia’s hospitality sector is growing at an annual rate over 8.5 percent with 155 new hotels expected to open the Kingdom during 2014-2015 and the...
The Gulf market for wire and cable witnessed a growth of 15% in the past two years. This is in sharp contrast to a falling demand in the developed European and East Asian economies, according to Integer Research’s latest Wire & Cable Global Data Service. Satish Khanna, General Manager, Al Fajer...