Of all the industries currently being prioritised by the Saudi government, perhaps the most eye-catching is automotive manufacturing. Over the next couple of decades, the government is looking to create – almost from scratch – an industry that encompasses cars, trucks and buses. By as early as 2025, the hope is that 600,000...
Although little noted, the environment for industrial real estate has been improving rapidly over the last five years. While it is less glamorous than its residential and commercial cousins, warehousing and industrial real estate is set to be increasingly important for Saudi Arabia as the economy continues to grow and diversify.
The Saudi Agriculture show on the outskirts of Riyadh in September 2012 was testament to the buzz surrounding one of the most interesting agricultural sectors in the Middle East. Investors from Europe and Asia were out in force, promoting everything from irrigation equipment to new animal feeds and fertilisers. It is not hard to understand the...
Tying together every current long-term social and economic development plan for Saudi Arabia is the increased participation of non-hydrocarbons industries in the economy. But key to delivering on this aim are the abilities of its population and the knowledge of its future leaders to successfully navigate from a resource-based, export-oriented economy to a more...
As the largest telecommunications market in the Gulf region, Saudi Arabia also stands out as one of the region’s most competitive markets. Telecoms operators in the Kingdom were the first in the Middle East to launch latest-generation mobile broadband networks. Mobile subscription penetration rates are among the highest in the world, standing at...
While the state remains the largest player in the health care industry in Saudi Arabia, providing free treatment to nationals and stepping up spending, the authorities are working to encourage the expansion of the already substantial private health sector. Health spending has been on the rise, with the government having recently substantially...
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