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John Sfakianakis

John Sfakianakis latest

Saudi Arabia's aim is to increase the private sector contribution to gross domestic product from 40 percent to 65 percent by 2030. (Shutterstock)
April 26th, 2018 - 07:20 GMT

Saudi Makes Ports, Schools and Hospitals Priorities in Privatization Plan

Saudi Arabia’s ports, hospitals, desalination plants, schools, and even its sports clubs, are among the candidates for early transfer to the private sector in a program that the government hopes will generate up to SR40 billion ($10.6 billion) in revenue over the next two years.
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Al Bawaba
August 28th, 2014 - 10:33 GMT

Saudi stocks reach six-year high

Al Bawaba
July 23rd, 2014 - 07:21 GMT

Saudi to allow foreign investment in kingdom's stock market

Growth has been so fast in recent years that any slowing of construction spending due to the loss of the World Cup might have little impact on the overall economy.
June 4th, 2014 - 02:55 GMT

Envisioning the possible: how much would Qatar's economy actually lose out on if it lost the World Cup?

The Kingdom, the world’s largest crude exporter, shipped 7.54 million barrels a day on average last year, up from 7.41 million barrels a day in 2012.
February 20th, 2014 - 07:33 GMT

Wait until Iran joins in: Saudi oil production hits 12 year high

Last year, Maaden inaugurated a second major development, a $10.8 billion aluminium joint venture with US-based Alcoa
February 16th, 2014 - 07:28 GMT

Saudi Arabia plans industrial complex around phosphate mine

Saudi Arabia's planned spending in 2014 represents a 4.3 percent increase from 2013 (File Archive/Shutterstock)
December 23rd, 2013 - 01:24 GMT

Saudi sets record budget for 2014

The resilience of Egypt's stock market shows how the Gulf aid has kept hopes for the economy ali
August 20th, 2013 - 11:35 GMT

Gulf money: the Egyptian economy's life support

Exports to the Arab world climbed 20 percent to 27 billion pounds
July 31st, 2013 - 06:44 GMT

Egyptian exports boom despite crisis

The FDI was 28.5 percent lower than the figure of $ 66.2 billion in 2010.
June 20th, 2013 - 05:00 GMT

Kingdom tops Arab world with $ 12.2 bn FDI inflow

Al Bawaba
June 3rd, 2013 - 10:33 GMT

Value of Saudi traded shares reaches $3 bn in May

Emerging markets status would see about $370 million flowing into the UAE, HSBC said.
June 3rd, 2013 - 08:05 GMT

HSBC ‘optimistic’ UAE, Qatar will gain emerging markets status

A sky view of Mecca, Saudi Arabia
May 16th, 2013 - 01:36 GMT

KSA Hydrocarbon advantage

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