A rising population and fast-expanding energy-intensive industries will continue to fuel Saudi Arabia’s growing demand for water and electricity in the coming years. In early 2016 Abdullah bin Abdul Rahman Al Hussein, the minister of electricity and water at the time, said that the country expects peak electricity to hit 90,000 MW in 2022. As...
Although Saudi Arabia’s policy shift on self-sufficiency and wheat production over the last five years has garnered the most attention, the government has instituted a number of other plans to mitigate the effects of agricultural production on the country’s water reserves. One of the most important moves in this respect has been the emphasis...
In its drive to diversify its industrial base and attract inward investment into the Kingdom, Saudi Arabia offers commercial land at significantly discounted rates in zones known as industrial cities. Although there is no prohibition on the construction of made-to-measure factories by businesses moving to one of these industrial cities, there...
Heavy investment in defence procurement by Saudi Arabia has been accompanied by a desire on the part of government to see such spending advance not just the Kingdom’s national security objectives but also its ambitions to become a knowledge-driven economy. Critical to these efforts are foreign expertise and investment in skilled job-creating...
The growing security threat posed by cyber-attacks as Saudi Arabia becomes ever more reliant on IT has led to the development of a national information security strategy (NISS) and increasing investment in cybersecurity. Demand for cybersecurity products comes from both the government and private sectors. “Cybersecurity is big business in...
The non-oil private sector is forecast to grow at more than 5% in 2015 and is expected to lead to economic expansion in three directions: vertically in industries drawing on the Kingdom’s hydrocarbons endowment; horizontally in industries that do not rely on oil; and spatially into areas of the country that have grown more slowly than the...
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