Saudi Arabia

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Central to the Kingdom’s goals to diversify its economy and to transition from an investment-driven model to an innovation-driven approach to business by 2020 are its plans for its growing population of young people. The government envisages highly educated young Saudis pursuing private sector careers in Jeddah, Riyadh or one of the four economic...

With just four years to go until the target date for the opening of a rail network carrying passengers and freight around the six countries of the GCC, its member states are looking forward to the economic and strategic benefits that this new connectivity will bring, but they also face some more immediate practical challenges in the short term.

While its hydrocarbons resources provide Saudi Arabia and its citizens with prosperity and the prospect of continued economic growth, its climate and hydrology mean the Kingdom cannot hope to sustain its growing population with food grown within its borders. Attempts to do so have to be offset against considerable environmental risks.

Chapter | Telecoms & IT from The Report: Saudi Arabia 2014

Saudi Arabia is an early adopter of telecommunications technologies. It was one of the first countries in the Gulf to launch LTE, for instance, and is now preparing to roll out even more advanced infrastructure. Services like fibre-to-the-home will soon be on offer, and while prospects for major additional growth in both the mobile and fixed-line voice segments appear limited, rising smartphone...

Chapter | Health & Life Sciences from The Report: Saudi Arabia 2014

Government expenditure on health and social care in Saudi Arabia has more than doubled in the last five years, and in 2014 the state health sector will receive SR108bn ($28.8bn), as compared to the SR52.3bn ($13.94bn) earmarked for 2009. While the health care sector faces challenges, from a growing population and increasing levels of non-communicable diseases, government spending on infra-...

Chapter | Real Estate from The Report: Saudi Arabia 2014

Saudi Arabia’s real estate market should present the best opportunity on the Arabian Peninsula in the coming years. It has the largest potential market in the GCC with abundant oil wealth and a growing and youthful population. But whereas its counterparts to the east have experienced the highs and lows of a full boom-and-bust cycle, and the headlines that accompany this, the Kingdom has ticked...

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