Sunday 11 December 2016
 
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reforms

GCC needs gas pricing reform to maintain growth

Maintaining the GCC’s low gas prices, which are set considerably below international prices, is unsustainable and will create significant problems for the region in the future, according to a recent study by management consultancy Strategy

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Saudi to open stock market wider to foreigners on Sept 4

Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its bourse, the regulator said on Wednesday. W

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Saudi reforms provide huge opportunity for private firms

After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which both pleases and worries businessmen, who wonder how they can finance new projects in an age of a

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Saudi reforms provide huge opportunity for private firms

After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which both pleases and worries businessmen, who wonder how they can finance new projects in an age of a

More…

Saudi reforms provide huge opportunity for private firms

After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which both pleases and worries businessmen, who wonder how they can finance new projects in an age of a

More…

Saudi reforms 'can cut deficits; boost growth'

Full implementation of the planned fiscal and economic reforms by Saudi Arabia will lead to smaller deficits, a lower than currently projected debt burden, and higher growth that could exert upward pressure on the kingdom's rating, Moody'

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Focus on jobs at heart of Saudi reforms

Saudi Arabia plans to spend billions of riyals on technical training and other initiatives to boost the number of its citizens in private sector jobs, an economic reform plan released on Monday showed. The world's top oil expo

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Saudi reform plan targets revenue surge, jobs creation

Saudi Arabia plans to more than triple the government's non-oil revenues and clamp down on public-sector salaries over the next five years, ministers said on Monday as they described reforms designed to reduce the economy's dependence on

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Saudi reform plan approved by top economic council

Saudi Arabia's National Transformation Plan, a pivotal element of the "Vision 2030" reforms announced in April by Deputy Crown Prince Mohammed bin Salman, will be put before the cabinet for approval on Monday, a senior Saudi source

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IMF backs Saudi economic plan, fiscal policy

The International Monetary Fund backed Saudi Arabia's sweeping economic reform plan on Thursday and said the kingdom was cutting spending at the right speed to cope with a huge state budget deficit caused by low oil prices. La

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