Saudi Arabia’s ports are some of the biggest in the region, and the Kingdom’s combined throughput of 194m tonnes per year (excluding crude oil) is the largest volume in the Middle East. However, with the international trend in shipping moving towards consolidation at ever larger ports (and with ever larger container ships), the government has...
Heavy investment in defence procurement by Saudi Arabia has been accompanied by a desire on the part of government to see such spending advance not just the Kingdom’s national security objectives but also its ambitions to become a knowledge-driven economy. Critical to these efforts are foreign expertise and investment in skilled job-creating...
With a vast land mass covering more than 2m sq km, and sizeable mining and heavy industry sectors, transport and logistics are vital to Saudi Arabia’s economic success and future growth. As record oil prices from 2008 to 2014 filled state coffers, the authorities decided to invest a significant portion of the windfall in improving the Kingdom’...
Spending on smart cities, smart hospitals and smart schools looks set to continue in 2015, with the Kingdom’s budget showing the government is committed to major upgrades to infrastructure and services despite the fall in oil revenues. According to research and analysis firm Interactive Development Company, spending on ICT products in the...
While Saudi Arabia may traditionally have seen the oil fields in its Eastern Province as the source of its wealth, the gold, phosphates and bauxite found in its western and northern regions promise to provide a third pillar of the economy by complementing oil and petrochemicals. Billions of dollars will be ploughed into mining, infrastructure...
The Kingdom’s agricultural sector is a little unusual by the standards of emerging markets. Whereas in many countries the major challenge is turning primary production into higher-value end products, Saudi Arabia is faced with the opposite issue. The Kingdom has developed a highly successful processing industry. However, this sector is...
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