The Middle East Economy

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Saudi Arabia is a socially conservative country, and interaction between unrelated men and women is prohibited. Businessmen should wait for a woman to offer her hand to shake in a meeting. In all other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their hospitality, and it is impolite to...

Chapter | The Guide from The Report: Saudi Arabia 2016

The guide contains listings of some of the leading hotels and resorts in Saudi Arabia and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.

 

What sort of challenges do developers face in terms of ensuring adequate and necessary infrastructure for large mixed-use projects?

 

To what extent do you expect the National Transformation Programme to spur private sector investment in Jeddah and non-oil growth?

 

Spurred by rapid population growth and mounting public and private investment, Jeddah – Saudi Arabia’s second-largest city – is on the rise. Since the early 1990s the population of the Jeddah urban area has more than doubled, reaching 4.1m residents as of the end of 2015, according to data from the General Authority for Statistics. While...

 

Jeddah’s industrial market has benefitted from a surge of investment, driven by efforts to diversify away from oil. In late 2015 the Kingdom’s government announced that 45m sq metres of land in and around Jeddah had been allocated for industrial development, to be overseen by the Saudi Industrial Property Authority (MODON), a quasi-...

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