Buoyed by prolonged government stimulus, Saudi Arabia’s construction sector is experiencing rapid expansion, with no shortage of contracts in any segment of the industry. From housing to utilities and transport infrastructure, public spending is driving the contracting industry forward. While operational challenges remain, including concerns...
Raising employment levels has been a core concern for the Saudi government for several years now. As the Kingdom looks to develop a more sustainable economy, based on higher-value products and strong productivity, it is also looking to deal with the unemployment rate and place more Saudi nationals in the labour market.
The country’s industrial sector is dominated by heavy industries, in particular refining and petrochemicals, and to a lesser extent metals and fertiliser production. Yet the Kingdom also hosts a large manufacturing industry, which benefits from the availability of raw materials produced by local heavy industry. The authorities are keen to...
The Kingdom is one of the world’s largest producers and exporters of both urea and phosphate-based fertilisers, which it manufactures using abundant locally sourced raw materials such as natural gas, sulphur and phosphate deposits. Other advantages for fertiliser production in Saudi Arabia include the fact that it is geographically well placed...
The largest industrial power of the GCC states by far, Saudi Arabia is also one of the leading industrial powerhouses of the world in a number of key sectors. National industry is dominated by petrochemicals and the country ranks as the third-largest global producer of basic petrochemical ethylene, due in large part to the availability of...
What steps are being taken to diversify industry and help develop the country’s different regions?
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×