Dubai saw steady GDP growth of 2.8% in 2017 and this is expected to reach 3.2% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment.
The Kingdom’s long-term development plan, Saudi Vision 2030, gives a special place to the transport and logistics sector, aiming to leverage the country’s unique location on global shipping routes to make the maritime industry a cornerstone of national development. This means a much greater focus on domestic ports, with many projects already...
In its efforts to become a logistics trading hub linking Asia, Africa and Europe, Saudi Arabia has taken concrete steps to comply with the highest international standards in freight handling. In July 2016 the Kingdom signed the World Trade Organisation’s Trade Facilitation Agreement (TFA) and in March 2017 it announced its decision to join the...
Which international markets is Saudi Arabia hoping to enter for aviation services expansion?
Under the National Transformation Programme (NTP), launched in 2016, one of the key areas highlighted for the transport sector is the development of public transport systems in larger cities. Public transport development simultaneously addresses a number of strategic objectives, ranging from improving the quality of life for citizens to...
One of the keys to unlocking Saudi Arabia’s potential as a global transport hub is the development of its aviation sector, and there are significant changes taking place that will provide opportunities for international investors. Across the country, airports are expanding to meet growing passenger demand, and those same terminals are being...
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