March 2010
Saudi Arabia
Bearing the funding burden
    Posted by Hasan Zulfiqar on March 30th, 2010 under category Saudi Arabia

'With banks and private sector businesses continuing to linger on the sidelines of Saudi Arabia’s infrastructure expansion project, the government appears ready and willing to continue employing its financial clout to keep vital infrastructure projects on track' says a recent report

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Private Equity
PEI Middle East Private Equity Update: The outlook for 2010 remains challenging
    Posted by Zulfi Hydari on March 17th, 2010 under category Private Equity

Globally, 2009 was the worst year for fundraising since 2004. A recent US survey shows that as many as 40% of LPs interviewed made no new commitments in 2009. This would explain the $246bn raised by 482 funds, down 61% from

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Saudi Arabia
Saudi set to launch index funds for foreigners
    Posted by Zulfi Hydari on March 14th, 2010 under category Saudi Arabia

Saudi Arabia plans to launch stock market index funds accessible to foreigners by the end of March in a bid to open up the Arab world's biggest bourse, the market regulator's chief said in remarks published on Sunday.

"We want to study experiences of m

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GCC
Oman budget alert
    Posted by Adnan Adil on March 10th, 2010 under category GCC

The Government of Oman has announced an expansionary budget of RO7.2bn. The total planned deficit is RO800mn or approximately 3% of GDP. The deficit will largely be financed from current reserves.

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Saudi Arabia
Global Competitiveness Forum
    Posted by Hasan Zulfiqar on March 10th, 2010 under category Saudi Arabia

'Although competitiveness can sound like a negative word, it is in fact about teamwork, loyalty and helping other people' said Tony Blair while delivering his Keynote speech on the second day of the Global Competitiveness Forum (GCF) 2010 in Riyadh.

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