Saudi Arabia’s third-largest mobile phone service provider appears set for a change of leadership as Zain, its Kuwait-based owner, bows out after four less-than-profitable years.
Saudi Arabia
Displaying 157 - 162 of 164
Economic update | Saudi Arabia: Mobile moves
3 May 2011
While the Kingdom may be transitioning away from domestic wheat production, Saudi Arabia is stepping up efforts to ensure food security by increasing imports and investing in agricultural projects overseas.
The Kingdom is targeting both foreign and local holidaymakers as the government and private segment seek to increase visitor numbers and expand revenue streams in an increasingly busy tourism sector.
Economic update | Saudi Arabia: Fueling the future
17 Mar 2011
Saudi Arabia is looking to diversify its domestic power industry away from its existing reliance on fossil fuels by investing heavily to make renewable energy the Kingdom’s central source of electricity, a move that will extend the life of its oil fields, protect export earnings and pay environmental dividends.
Economic update | Saudi Arabia: Registers set to ring
14 Mar 2011
The retail sector in Saudi Arabia appears set for solid medium-term growth, with sales and turnover expected to rise steadily in the coming years as the public begins benefitting from a greater range of product lines and more shopping centres.
Economic update | Saudi Arabia: Spending gets a boost
10 Mar 2011
Public spending is scheduled for a major boost in Saudi Arabia, with education, housing and social measures being specifically targeted by a new economic stimulus and support programme.