OXFORD BUSINESS GROUP SIGNS AN MOU WITH SAGIA TO PRODUCE EMERGING SAUDI ARABIA 2007

Published October 16th, 2006 - 08:39 GMT

Oxford Business Group (OBG), the UK-based publishing, research and consultancy service, has signed a strategic partnership with The Saudi Arabian General Investment Authority (SAGIA), to produce ‘Emerging Saudi Arabia 2007’, a detailed English language, economic and political review of the country.

OBG is the name behind the authoritative Emerging Markets economic, political and business annuals, and ‘Emerging Saudi Arabia 2007’ will provide potential investors with the most accurate and comprehensive ground reporting in the Kingdom. This is crucial at a time when accession to the World Trade Organisation (WTO) is opening the doors to a new era of international trade activity

“Saudi Arabia is a key market not only in the Gulf and the region, but across the Globe,” says Michelle Solomon, Senior Country Director, OBG. “King Abdullah has spearheaded economic and political reform, and kick-started the process of privatisation. This, and the evolving business environment, is encouraging private sector growth, investment and increased consumer confidence”.

Sectors presenting particularly good investment opportunities include both upstream and downstream oil and gas, water desalination and power generation, industry, transportation, KBIs including ICT, and construction. Liberalisation of the banking sector has attracted new players and despite a turbulent first quarter investment services continue to be an area of significant growth, according to Oliver Cornock, Senior Country Editor, OBG.

During the research programme, SAGIA will be instrumental in assisting the team with data collection and research. Created by the Government of Saudi Arabia in April 2000, SAGIA’s vision is to create a pro-business environment, provide comprehensive services to investors, and foster investment opportunities in energy, transportation and knowledge-based industries.
“We are the one-stop-shop for investors and are working closely with other government ministries and agencies toward ensuring the investment climate in KSA is among the most competitive globally. Our 10x10 goal exemplifies this, with evidence that we are going in the right direction already clear. In 2005 the value of investment licenses issued rose to SR 200 billion, or 3 times that of the combined total since SAGIA was first created in 2000,” says Amr Al-Dabbagh, Governor of SAGIA.

Written by a team of international analysts based in Riyadh, covering the entire Kingdom, the 200 page report, published in the first quarter of 2007.  Subscribers can be kept informed on the latest developments through OBG’s online weekly briefings.

Such is the demand for the research that pre-publication interest in the report has reached over 70,000 copies.


About Oxford Business Group

Oxford Business Group (OBG) is a UK-based publishing, research and consultancy services organisation. It publishes economic and political intelligence on the emerging markets of the Gulf, the Levant, North Africa, Southern Africa, Asia and the Southern Balkans. Through its range of print and online products, OBG offers comprehensive and accurate analysis of political, macroeconomic and sectoral developments, including banking, capital markets, energy, infrastructure, industry and insurance.

Written by a team of seasoned analysts based on the ground for six to nine months, the critically acclaimed Emerging Markets series of economic, political and business annuals have become the leading source of intelligence on specific countries in emerging regions. OBG’s online economic briefings provide up-to-date in-depth analysis on the issues that matter for thousands of subscribers worldwide. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms currently operating in emerging markets and those looking to enter them.

In the Gulf and Levant, OBG publishes Emerging Dubai, Emerging Abu Dhabi, Emerging Kuwait, Emerging Bahrain, Emerging Qatar, Emerging Oman, Emerging Lebanon, Emerging Jordan, Emerging Egypt and Emerging Syria.

In the pipeline is Emerging Northern Emirates.

For further information: Sonia Larsen, MCS/Action, PO Box 20970, Dubai, United Arab Emirates. Tel: +9714 390 2967; fax: +9714 390 8161, email: sonia.l@actionprgroup.com

About Saudi Arabian General Investment Authority


The Saudi Arabian General Investment Authority (SAGIA) is a service entity aiming to provide services and facilities to promote investment and economic development in the Kingdom of Saudi Arabia. SAGIA was established in April 2000 under the directives of the Supreme Economic Council (SEC) as a catalyst to promote inward investments, facilitate exchange of best practice between the public and private sectors, as well as act as an intermediary between the global business community and the Saudi Government and its ministries and agencies. It also aims to contribute to economic policy-making substantiated by research and strategic criteria.

SAGIA’s role is complementary and supportive to the bodies directly concerned with the various investment sectors and working to finalize the investors’ procedures. The mission of SAGIA is to create a pro-business environment while providing comprehensive services to investors, and fostering investment opportunities in energy, transportation and knowledge-based industries. For more information on SAGIA please visit


 


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