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Saudi Arabia Report
Marcopolis presents the Saudi Arabia Report focused on the investments, doing business, economy and other topics featuring interviews with key executives. The sectors under review in this issue are industry, real-estate, ICT, investments, banking sector, telecom sector and many more.
Videos2.13.2015
The Most Important Economy in The Middle East: Saudi Arabia
- Written by Dominika Bzduchova
- Published: February 13, 2015
"Saudi Arabia is the most important economy in the region; the Middle East excluding the Saudi Arabian economy is like Asia excluding the Chinese or Indian economies," explains Dr. Boutros Klink, CEO of Standard Chartered.
"Standard Chartered is focused on the emerging markets of Asia, Africa, and the Middle East. We have existed for around 160 years in places like China and India, and we have been in the Middle East for close to 100 years, with full commercial banking presence in the UAE, Bahrain, Qatar, Oman, Jordan, and Lebanon. We very recently established our commercial banking presence in Iraq. In Saudi Arabia, we operate an investment company licensed by the CMA. Saudi Arabia is a very important to us and we’re very pleased to be on the ground."
