SAUDI INVESTMENT BANK NAMES FEMALE CEO

SAUDI INVESTMENT BANK NAMES FEMALE CEO

NCB Capital, a major Saudi Arabian investment bank, named Sarah Al-Suhaimi, an accomplished asset manager, as its new CEO. She is the first woman to head an investment bank in the kingdom. The Saudi government owns part of National Commercial Bank, which controls NCB Capital.

 
 
Source
Central bank

Saudi Arabian Monetary Agency

International Reserves

US$ 556.571 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 651.652 billion (2011 estimate)

GDP (Purchasing Power Parity)

733.143 billion of International dollars (2011 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
0.5% 0.1% 7.7% 5.3% 5.6% 3.2% 2% 4.2%
2009 2010 2011 2012*        
0.1% 4.6% 6.8% 6%        

*Estimate

GDP per capita - current prices

US$ 22,635 (2010 estimate)

GDP per capita - PPP

$25,466 International Dollars (2010 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
1.37% 0.94% 0.84% 0.84% 0.89%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 2.1% 
  • industry: 67.6% 
  • services: 30.4% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
5.1%(2008) 5.4% 5% 4.8%

*Estimate

Unemployment rate
2009 2010 2011 2012*
10.5% 10% N/A(2009) N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
13.2% 15.9% 9.9% 7.5% 5.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
34.4% -4.6% 6.6% 15.2% 16.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: AA-

Moody's rating: Aa3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$318.8 billion US$353.4 billion US$338.9 billion
Largest companies in Saudi Arabia

Tasnee (Conglomerates), Saudi Basic Industries (Diversified Chemicals), Petro Rabigh (Diversified Chemicals), Saudi Kayan Petrochemical (Diversified Chemicals), Saudi Arabian Mining (Diversified Metals & Mining), Saudi Electricity (Electric Utilities), Savola Group (Food Processing), Kingdom Holding (Investment services), Samba Financial Group (Major Banks), Al Rajhi Bank (Regional Banks), Riyad Bank (Regional Banks), Saudi British Bank (Regional Banks), Banque Saudi Fransi (Regional Banks), Arab National Bank (Regional Banks), Saudi Arabian Fertilizers (Specialized Chemicals), Saudi Telecom (Telecommunications Services), Mobily (Telecommunications services) (2012)

 
 
Source
Current account balance

US$ 181.9 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

27.9% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

56.8% (2010)

(Data released on April 2012)

Shares in world total merchandising export

2%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.27% (2011)(2007)

(Data were released in 2012)

Total exports

US$381.5 billion (2012 estimate) 

Export commodities

petroleum and petroleum products 90%

Total imports

US$136.8 billion (2012 estimate) 

 
 
Source
Import commodities

machinery and equipment, foodstuffs, chemicals, motor vehicles, textiles

Exports - major partners

Japan 13.9%, China 13.7%, US 13.4%, South Korea 10.2%, India 7.2%, Singapore 4.9% (2011)

Imports - major partners

China 12.8%, US 11.9%, Germany 7.1%, South Korea 6%, Japan 5.6%, India 5.3%, Italy 4.1% (2011)

FDI inflows
2009 2010 2011
US$32,100 million US$28,105 million(2009) US$16,400 million(2009)
FDI outflows
2009 2010 2011  
US$2,177 million US$3,907 million US$3,442 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$1,442 million US$121 million(2009) US$706 million(2009) US$-17 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 22 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 78 out of 185 countries(2009)

Enforcing Contracts: 124 out of 185 countries

Registering Property: 12 out of 185 countries

Getting credit: 53 out of 185 countries

Protecting investors: 19 out of 185 countries

Trading across border: 36 out of 185 countries

Paying Taxes: 3 out of 185 countries

Dealing with Construction Permits: 32 out of 185 countries

Getting Electricity: 12 out of 185 countries

Resolving Insolvency: 107 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

18

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 74 Score: 62.5 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

2,149,690 km2 (2006)

Capital

Riyadh (2009)

Currency

Saudi riyals (SAR) (2009)

Government type

monarchy (2009)

Languages

Arabic

Religions

Muslim 100%

Total population
1980 1990 2000 2012* 2017**
9.32 million 15.19 million 20.47 million 28.79 million 31.88 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
31.3% 65.9% 79.8% 82.3%
Population median age

26 years (2010)

Population growth rate

2.3% (2011)

Life expectancy

74 years (2010)

Adult literacy

86% (2005/2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:7
Civil Liberties:7 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

207.74% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

47.5% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Riyadh: 135th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

16.1427 (Data were released in 2012 and refer to 2009)

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