A drive under way in Saudi Arabia to encourage businesses to invest in farming operations abroad could see the Kingdom improve food security and increase investment opportunities.
Saudi Arabia
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Despite fierce competition in a crowded market, Saudi Arabia’s telecoms sector should see continued growth, driven largely by the expanding mobile internet and fixed broadband segments, according to recent reports from local investment groups. The Kingdom’s tech-savvy, high-income, younger generation, in particular, is earmarked to play a major part in boosting spending on data services and related products.
Record growth in the Islamic financial services (IFS) segment in 2012 firmly cemented Saudi Arabia as a global leader in the industry. However, while the segment looks set for further growth several industry leaders have called for greater regulatory uniformity across global markets.
Vast stretches of desert once tracked by camel trains will soon be spanned by one of the world’s most modern and sophisticated transport systems, with Saudi Arabia now developing a countrywide rail network that underpins the government’s programme to diversify the economy.
Interviews & Viewpoints | Prince Khalid Al Faisal bin Abdulaziz Al Saud, Governor, Makkah Province, on the future of regional development from The Report: Saudi Arabia 2013
The past few years have heralded an era of unprecedented economic growth and sophistication in the Kingdom. With God’s guidance and under the wise leadership of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud, Saudi Arabia remains an example of economic and political steadfastness in times of both international and regional uncertainty....
Interviews & Viewpoints | David Cameron, UK Prime Minister, on trade links with the GCC from The Report: Saudi Arabia 2013
In 2012 Britain welcomed the world. We had the extraordinary success of the Olympics and the pageant and tradition of the Diamond Jubilee. From heads of state and business leaders to athletes and spectators, Britain has shown everyone what we can do best.