Columnist

John Sfakianakis

John Sfakianakis is the director of economic research at the Gulf Research Center (GRC) in Riyadh.

Latest published



The fiscal success story of G-20

Saudi Arabia is proving to be the fiscal success story of the Group of Twenty (G-20). The fiscal consolidation of the past years is paying off. 

December 20, 2017

Trump visit: US-Saudi deals to bring big business benefits

The visit to Saudi Arabia by Donald J. Trump, and the series of mega deals signed, brings to mind the adage of another American president, Calvin Coolidge: The business of America is business.

May 22, 2017

Saudi Arabia’s fiscal map becoming more transparent

Last week, Saudi Arabia’s Finance Ministry made a historic announcement: Its first quarterly budget report. The fiscal map of Saudi Arabia is becoming more predictable and transparent.

May 14, 2017

Bond sale is another sign of a stronger Saudi economy

Saudi Arabia’s economy is going from strength to strength. In just six months, the Kingdom has managed to raise nearly SR100 billion ($26.5 billion) in international bonds. 

April 16, 2017

Saudi support key to Jordan’s economic recovery

One cannot visit Jordan without hearing the latest mutterings about austerity measures. Jordan’s prime minister recently appeared on national TV, announcing a cut in public salaries and setting a salary ceiling. 

April 03, 2017

Greek president’s visit shows potential of Saudi ties

This week’s visit by the president of the Hellenic Republic, Prokopis Pavlopoulos, and 11 Greek ministers and top businesspeople to Saudi Arabia ushers a new era in bilateral relations. 

February 22, 2017

Saudi Arabia: Another $560bn of potential for EM stock markets!

Following on from last year’s declaration of intent, the Saudi capital market regulator is set to open the $560 billion stock exchange to qualified foreign institutions on Monday. Saudi Arabia’s stock market is larger than the stock markets in Mexico, Indonesia, Malaysia and Russia.

June 14, 2015

Iraq and the oil market: How much will prices rise?

It stands to reason that one of the effects of the turmoil in Iraq will be a change in oil prices.
Indeed, the violence in OPEC’s second-largest producer has already sent oil prices to 10-month highs.

June 29, 2014

Why technical and vocational training is an urgent need for KSA’s future

Sixty-three percent of Saudi universities students are focused on human and social sciences and Islamic studies leaving them ill-equipped for the labor market when they graduate.

June 19, 2014

How can SME growth in the Kingdom be unlocked?

SMEs (small and medium-sized enterprises) are key to an economy’s growth and account for 60 percent to 70 percent of jobs in most Organization for Economic Cooperation and Development (OECD) countries, with a particularly large share in Italy and Japan, and a relatively smaller share in the US.

June 09, 2014