Given the prevalence of family businesses in the Kingdom of Saudi Arabia (KSA), local families may face a decision on how to diversify the ownership of their business to introduce new ideas, raise capital for growth or exit their investment. The challenge lies in considering the best method of diversification for each business.
The number of hotel rooms in Saudi Arabia is set to increase dramatically as international hotel chains expand their presence and others enter the market for the first time. Investors are also increasingly looking at the middle and lower ends of the market, which have traditionally been left to local operators.
Bridging the gap between secondary school graduates and university alumni, technical and vocational colleges and training programmes are a crucial component of the country’s drive to get more Saudis off the unemployment roster and into the workforce. Recognising the importance of this educational segment, the government has devoted SR23.14bn ($6...
Following a relatively slow start in launching 3G services, Saudi Arabia in 2011 became the first country in the region to launch long-term evolution (LTE) mobile broadband. All three Saudi mobile operators now offer the service, which has been rolled out to most major cities and is expected to cover almost all of the country within two years....
Balancing natural resource extraction with environmental concerns often results in for-profit businesses and government regulators struggling to find a middle ground in mitigating environmental damage while still granting companies enough latitude to maintain financially feasible operations. In the case of carbon capture and storage (CCS)...
Expenditure on health in Saudi Arabia is low by regional standards in per capita terms; however, it is high as a proportion of GDP and is rising, with the government having significantly boosted the health budget in 2011. Funds committed to the sector under the latest five-year plan have also risen. A number of major state-funded infrastructure...
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