Marmore Articles

Mortgage penetration rates (mortgage debt as a percentage of GDP) in Saudi Arabia are low at 2%, compared to 5-10% in the neighboring GCC countries. In contrast, developed countries like the US and UK, have mortgage penetration rates of more...

Urbanisation and rising disposable income has resulted in many of the younger citizens adopting a “Western Lifestyle” which is characterized by an aversion to exercise and consumption of processed foods leading to increasing instances of diseases such as diabetes, coronary...

The fall in oil means GCC players have lost a key competitive advantage – low-cost feedstock – that they have long held over major players in the US and Europe. Global players reduced their prices in line with the cost...

The Education system is divided into 4 levels K-12 Education (Kindergarten, primary and secondary education) Higher Education Technical Education Special Education (Differentially abled students) Government has encouraged education by providing free education to Emirati students while charging nominal fees for...

Public expenditure on Education in Saudi Arabia is expected to hover around c.7% of  nominal GDP in near future. Based on our estimates, the total market-size of KSA education market by spending is estimated at USD 66.66Bn in 2014. The...

Oil: When will this slide end? With the oil price hovering around $35 per barrel the question remains as to how much longer can OPEC continue with its current policy of pumping as much oil as it can in a...

The opportunities in the contracting sector can be subdivided into various sub-sectors like real estate, oil & gas, infrastructure, power and petrochemicals. Of all the sub-sectors, real estate is gaining the most momentum as 57.7% projects in pipeline as of...

The oil and gas sector accounted for USD 12.8 billion worth of projects as the facilities are being ramped up and modernized. The oil and gas sector accounted for a majority share of 21.7% out of the total value of...

According to Marmore’s Saudi Arabia asset management report, the market is concentrated among the top asset management companies, with the top five asset managers (out of a total of 33 managers) accounting for 86% of the total assets being managed....

PIC’s goal is to prove its efficiency and capabilities in the Petrochemical sector through Joint ventures and construction of mega integrated refining and petrochemical projects in Kuwait and in other countries. According to Marmore’s Kuwait Petrochemical report, PIC plays a...