Figures from Asia’s top three importers show that the Kingdom is more or less holding its ground in market share, writes Reuters’ columnist Clyde Russell.
Many barriers such as strict foreign ownership limits, rules for settling traders and its long way into MSCI index are some of the factors curbing a flood of foreign money.
Aiman Kabli, founder and CEO of Dubai Job Connections, a web-based job placement platform, explains how to take on the highly competitive job market of Dubai.
The move is likely to start the process of incorporating Saudi Arabia into major equity indices by the likes of MSCI, and this could attract as much as $24 billion in foreign capital.
Dubai is planning to be a centre for an “Islamic economy” with sharia-compliant businesses ranging from banking , trade, food preparation, fashion, education and tourism.