By 2030 Saudi Arabia is seeking to attract 100m domestic and international tourists per annum as part of wider efforts to diversify economic growth away from hydrocarbons (see Tourism chapter). This target represents a significant increase in inbound visitors and internal movement within the Kingdom for leisure purposes, and will necessitate upgrades and expansion to transport...
In recent years Saudi Arabia has committed to a series of wide-ranging reforms that aim to diversify the economy; foster a more open and connected society; and establish a transparent, efficient and accountable government under the country’s Vision 2030 strategic framework. With those objectives in mind, there have been numerous legislative developments related to real estate...
As part of ongoing efforts to diversify their economies and build a platform for sustainable future growth, MENA nations are increasingly turning to artificial intelligence (AI). A slew of recent investment and initiatives – primarily in academia and the government, but also in the private sector – has reinvigorated interest from industry leaders around the globe in the...
With connectivity widely recognised as a key driver of the post-Covid-19 economic recovery, GCC countries are poised to expand their 5G networks.
In the last two decades e-commerce has transformed the global retail sector. The adoption of e-commerce accelerated further at the beginning of 2020 due to the onset of the Covid-19 pandemic. Many customers switched to safer and more convenient digital shopping channels. “The Covid-19 pandemic has accelerated e-commerce adoption in the region, and this carries profound...
The ICT sector is primed for considerable expansion in the coming years as digital technologies become increasingly central to cross-sectoral operations and performance. Recently, the government has made significant financial and time savings after successfully shifting many internal processes and public services online, raising efficiency, productivity and coordination across...
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