Running in parallel to the Kingdom’s state-funded drive to enhance the sector is an influx of private schools sprouting up across the country. Although only 10% of Saudi students attend one of the 840-odd private schools, according to the Saudi Arabian General Investment Authority (SAGIA), these institutions offer strong alternatives for those...
Having avoided the major boom and bust cycles of its Gulf neighbours, Saudi Arabia’s real estate sector is considered relatively stable. For several years, and certainly since the global financial crisis, the sector has been viewed as a safe haven for local capital. Prices in the market have held firm and returns have been solid. The reasons for...
The country may be a new entrant to the international construction industry, however, it has had several well-established firms for many years. Both developers and contractors, such as the Kingdom Holding Company and Saudi Binladin Group, have grown into some of the best-known names in the country. With the country continuing to experience...
Infrastructure spending and government investment in health and education are helping to drive growth in the Saudi Arabian information and communications technology (ICT) market, the largest ICT market in the region. Growth is occurring in a number of segments, such as IT services and data centres, as companies and especially government entities...
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.
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