While Saudi Arabia may traditionally have seen the oil fields in its Eastern Province as the source of its wealth, the gold, phosphates and bauxite found in its western and northern regions promise to provide a third pillar of the economy by complementing oil and petrochemicals. Billions of dollars will be ploughed into mining, infrastructure...
Falling demand and rising competition for feedstock, alongside a national push to bring the price of raw materials closer to market rates, are combining to put pressure on Saudi Arabia’s petrochemicals industry.
With instability in neighbouring countries a growing concern, what is being done to ensure that the Kingdom’s borders are secure?
How do Saudi Arabia’s economic cities differ from other economic zones in the MENA region?
Of all the industrial and commercial sectors that Saudi Arabia is targeting for development as part of its shift towards a knowledge-based economy, defence is one in which it is particularly well placed to become a global leader. Already the world’s third-biggest defence spender, according to the International Institute for Strategic Studies,...
Project insurance is nothing new in Saudi Arabia: the insurance market in its modern form emerged in the 1970s, when foreign insurers, brokers and agents opened branches in the country to provide coverage for the spike in construction projects caused by the oil boom of that era. Over successive decades these firms expanded their business to...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×