Saudi Privatization Could Go Awry

Here is an unseemly question: "What if no one wants to buy Saudi Aramco stock?" Riyadh’s high-stakes restructuring strategy is largely dependent on a successful IPO for the oil giant. Yet the rigorously-crafted master plan could be derailed by dour investors. Index managers will have to buy the stock; active managers may be content with … Continue reading Saudi Privatization Could Go Awry

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In Riyadh, Resolve Differs From Reality

The news from Riyadh on the massive economic shake-up set to unfurl is classic Saudi. Vision 2030 is bold and brash, aligning with a “bigger is better” mindset. It begs sacrifice from a society that has come of age expecting the state to be the provider-of-perpetual-resort; it panders to nationalist sentiment with greater military outlays. … Continue reading In Riyadh, Resolve Differs From Reality

Malaysia Looks to Other Muslim Markets

Halal-certified exports may provide some resolution to Malaysia’s middle-income trap. The potential ranges from traditional opportunities in food manufacturing to service elements such as health care. The current value of those exports is now about $10 billion. While representing only about 5% of the country’s export revenue, the government is determined to be a global … Continue reading Malaysia Looks to Other Muslim Markets

Korea Faces Hurdles in Entering Halal Market

Many Korea businessmen are eager to jump on the halal bandwagon, but running a successful halal-directed business goes beyond mere certification. Market research is an important step, regardless of the potential. That of course just makes good business sense. Muslim consumers have the same demand expectations that prevail anywhere. The notion that that they are … Continue reading Korea Faces Hurdles in Entering Halal Market