Tag: Saudi Arabia
Missing Link in Islamic Finance Hubs: Islamic Venture Capital
The Islamic world profiled modalities of capitalism in 8th/9th century, but today’s Muslim country Islamic finance hubs are missing two vital aspects: addressing ‘have nots’ (micro-finance), and deploying the funds of ‘haves’ into Islamic VC funds. My focus in this article is on the latter–interplay between risk capital and innovative ideas for strategic localised benefit. [...]
Business and Management Environment in Saudi Arabia – Book Review
Business and Management Environment in Saudi Arabia Author: Abbas J. Ali; Published by: Routledge, December 9, 2008, 264 pages Endowed with rich energy resources, huge sovereign wealth fund, and a high propensity for public and private investment and spending, Saudi Arabia holds more promises than risks for multinational corporations (MNCs). Indeed, the Arabian market presents [...]
Clean Energy Opportunities for Emerging Muslim World Markets
If you think that the oil rich Gulf states have a long bonanza from ever rising prices, think again: According to Financial Sense (Jan 2008) and other sources, Saudi Arabia will approach zero net exports in 2031, within a range of 2024 to 2037. Other top exporters (Russia, Norway, Iran, and UAE) are in a [...]
Consumer Brands of the Top 100 Companies in the Muslim World (2007)
This report showcases a selection of the most prominent consumer facing brands of the 2007 Top 100 Companies in the Muslim World. (Please view the latest 2010 report here) A variety of prominent global brand value rankings have repeatedly shown the tremendous sustainable income brands deliver. For example, InterBrand, which evaluates brands much like analysts [...]
GCC Companies Honored for Good Corporate Citizenship
Corporate Social Responsibility, the buzz word in prominent business circles has garnered a lot of attention in the corporate corridors of the western world. More recently, countries of the Gulf Cooperation Council (GCC) and the broader Arab region have been riding high on it as well. To discuss some of the pressing social responsibility issues [...]
A Beacon of Corporate Social Responsibility: Abdul Latif Jameel Co.
Usually channelling funds into non-profit alliances or activities goes against profit maximization norms. However, Corporate Social Responsibility (CSR) is fast becoming a necessity in today’s global economy and has proven to have positive effects on the contributing company as well as the local community. Saudi Arabia based, Abdul Latif Jameel (ALJ) Group of companies is [...]
2nd Gulf Venture Capital Forum Builds Industry Momentum
At the recent annual gathering of the Gulf Venture Capital Association in March – a who’s who of investors with interests in finding the next stellar start-up and leading entrepreneurs from the GCC gathered to network and discuss the growing prominence of Venture Capital and Private Equity in the region. Venture Capital seems to be [...]
King Abdullah University of Science and Technology (KAUST) – Leads a Scientific Renaissance
At a time when intellectually-agile tradition of the Muslim world seems to be forgotten, a pioneering project in a “desert country” is set to revive the past glory of the golden Islamic era. A “country of Bedouins” sometimes accused of breeding fanaticism is doing something fantastic. Welcome to the Saudi Arabia of King Abdullah who [...]
Alwaleed: Businessman, Billionaire, Prince (Book Review)
Any time one reads something on Saudi Arabia there is looming curiousity about the life and person of Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, the world’s fifth-richest man. There are few individuals as unique, enigmatic, and colorful as this member of the Saudi Royal Family. His life is a revealing portrait of a unique [...]
