Saudi Arabia
Ashmore steps up operations in the Gulf
Ashmore appears to be stepping up its activity in the Middle East, with the appointment of its former Turkey chief executive to lead its efforts in Saudi Arabia.
Middle East | 23 Jul 14
Saudi Arabia opens 530bn stock market
Saudi Arabia is to open its stock market to direct investment by foreign financial institutions (FFIs) in the first half of next year, giving them access to its $530bn bourse.
Middle East | 15 Jan 14
single gcc visa likely by mid 2014
A visa scheme similar to Europe’s Schengen Visa programme‚ which would allow Gulf-based expatriates and foreign businessmen “to move easily” across the borders of the six-country GCC region‚ is being considered and is likely to be in place “by mid-2014”‚ Gulf media have reported.
Middle East | 26 Jun 13
saudi arabia to move weekends in line
Beginning this weekend, Saudi Arabia is to change its working week to Sunday through Thursday, to bring it into line with most of its Gulf neighbours.
Middle East | 24 Apr 13
saudi mulls controversial decision to move
Saudi Arabia is considering changing its working week to Sunday through Thursday, to bring it into line with most of its Gulf neighbours, but is finding the move opposed by traditionalist clerics.