In a push to diversify its economy, Saudi Arabia is determined to increase the role of the private sector in the development of its transport infrastructure, as well as in the operation of seaports, airports and related supply chains. Public-private partnerships (PPP) are being pursued to fund several key schemes, while a number of the country’s...
Television in Saudi Arabia is arguably facing its biggest shift in 25 years as more traditional broadcasters disrupt digital consumption patterns. Over-the-top (OTT) video streaming services, led by Netflix, have changed the business model for networks and television producers around the world. Certain Netflix content has been available to...
Perhaps the most significant regulatory enactment for the Kingdom’s construction and real estate players in years, the white land tax is expected to have a wide-ranging impact on the market. Instituted to encourage sales of land to more active developers, the government began issuing its first bills for taxable land in late March 2017.
With a land mass bigger than that of both Iran and Pakistan, Saudi Arabian telecoms firms intending to roll out infrastructure to the country’s widely distributed population face an expensive proposition. Rural areas, in particular, have historically represented a financially unattractive prospect, lacking the client base that would make large-scale...
With more than SR3.3bn ($879.8m) in spending earmarked for culture and media by 2020, Saudi Arabia’s government is hoping to attract significant private sector investment in the development of its creative and entertainment industries. To this end, state agencies are working hard to encourage international investment, talent and media sector...
Saudi Arabia’s Vision 2030 strategy establishes ICT as a central pillar of the Kingdom’s future development. A number of Saudi ministries have been actively pursuing an ICT agenda for some years, and this work is set to accelerate as they strive to meet the shorter-term objectives recently defined by the National Transformation Programme (NTP)....
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