With a transformation agenda backed by a budget of SR210bn ($56bn) in 2014, the education sector in Saudi Arabia holds significant investment potential for the private sector. The government is seeking partners that can help transform both the physical environment of facilities and improve educational standards across the Kingdom’s school...
How is the government ensuring a level playing field in the application and promotion processes within the public sector?
Government agencies and private companies are working together to try to provide young Saudis with the skills that will allow them to work in the Kingdom’s non-oil private sector, which enjoyed growth of 5.5% in 2013, according to Jadwa Investment. In its current five-year plan the government has earmarked a total of SR23.14bn ($6.17bn) for...
For a young country accustomed to relying upon hydrocarbons exports for almost all of its income, education is at the heart of an ambitious agenda to mature and diversify into a knowledge-based economy by 2025. With this in mind, Saudi Arabia has stepped up investment in the education sector and in the young people who will be expected to...
Home to an estimated 15.9% of the world’s proven oil reserves, Saudi Arabia is the single largest economy in the Middle East and North Africa. According to the Ministry of Finance, real GDP grew by 3.8% to $746bn in 2013. While oil income is expected to continue to account for the majority of government revenues for the foreseeable future, the non-oil sector has expanded significantly in recent decades growing 9.3% in 2013.
Reforms carried out over the past several years have been geared toward preparing Emiratis to fill the jobs needed in Abu Dhabi’s increasingly industrialised economy. As part of its strategic development plan, the Abu Dhabi Economic Vision 2030, the government aims to transform the emirate into a knowledge-based economy by focusing on high-skill...
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