For a young country accustomed to relying upon hydrocarbons exports for almost all of its income, education is at the heart of an ambitious agenda to mature and diversify into a knowledge-based economy by 2025. With this in mind, Saudi Arabia has stepped up investment in the education sector and in the young people who will be expected to...
With a transformation agenda backed by a budget of SR210bn ($56bn) in 2014, the education sector in Saudi Arabia holds significant investment potential for the private sector. The government is seeking partners that can help transform both the physical environment of facilities and improve educational standards across the Kingdom’s school...
Education is at the heart of an ambitious agenda to diversify Saudi Arabia away from reliance on hydrocarbons and transform it into a knowledge-based economy by 2025. With this in mind, the Kingdom has stepped up investment in the education sector and in the young people who will be expected to drive that new economy, but policymakers face the challenge of rapid population growth. However,...
Non-oil growth and higher domestic consumption combined to drive up economic activity in Kuwait in 2014, although plunging world oil prices and relatively flat domestic production look set to weigh on the state’s finances.
Despite falling oil prices, the economy in Qatar maintained a steady rate of expansion throughout 2014, with targets of even more robust growth this year, fuelled by the non-hydrocarbon sector.
The banking sector performed strongly in 2014, led by Abu Dhabi’s raft of big-ticket projects, which have proved to be a key driver of growth for larger lenders. However, signs that the market is becoming increasingly crowded, particularly in the retail segment, are prompting several players to look beyond the UAE’s borders for new business.
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