Charting a course for government policy over the next five years, the Kingdom’s 10th Development Plan, which runs from 2015 to 2019, places renewed emphasis on education and private sector development as the keys to economic diversification. In this regard, the plan represents the next step towards achieving the government’s long-term vision...
How can linking small and medium-sized enterprises (SMEs) to large companies help localise skills and know-how? What is being done to support this?
How will the achievements of the first phase of the National Plan for Science, Technology and Innovation (MAARIFAH) affect the second five-year phase?
The recent return to the bond market by Saudi Arabia marks a significant shift in government policy, as the world’s biggest oil exporter taps capital markets to cover budgetary shortfalls and balance drawdowns of foreign reserves. The SR15bn ($4bn) issue in mid-July 2015 was the first sovereign bond offered by the Kingdom since 2007, with senior...
We have recently seen a correlation between market performance and oil prices on the downside but not on the upside. How do you envisage the future impact of oil price fluctuations?
Given the size and breadth of the Saudi Arabian economy it is at first glance surprising that the government continues to play the leading role in supporting local start-ups and entrepreneurs. Where other countries in MENA, such as Egypt and Jordan, have seen the private sector address the segment through angel and seed investment operations,...
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