As environmental concerns become increasingly pressing for governments and businesses alike, the shipping industry is taking steps to reduce its carbon footprint. In August 2021 Danish shipping company Maersk, the world’s largest container shipping line, announced that it had invested $1.4bn in eight new vessels to be powered by methanol, rather than oil-based fuels. The ships...
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Articles & Analysis | The global shipping industry works to lower its environmental impact from The Report: Saudi Arabia 2022
Articles & Analysis | Saudi Arabia initiating transport infrastructure upgrades as international travel increases from The Report: Saudi Arabia 2022
By 2030 Saudi Arabia is seeking to attract 100m domestic and international tourists per annum as part of wider efforts to diversify economic growth away from hydrocarbons (see Tourism chapter). This target represents a significant increase in inbound visitors and internal movement within the Kingdom for leisure purposes, and will necessitate upgrades and expansion to transport...
Interviews & Viewpoints | Faisal Saad Albedah, Managing Director and CEO, SAL Saudi Logistics Services: Interview from The Report: Saudi Arabia 2022
In what ways can the private sector contribute to establishing Saudi Arabia as a logistics centre linking three continents, in support of Vision 2030?
Economic update | Can grid expansion keep pace with the coming surge in solar power generation?
5 Oct 2022
As the capacity to generate wind and solar power continues to expand around the world, hopes of accelerating the phase-out of coal as the leading source of electricity may depend on the expansion of a less discussed but equally important part of the energy supply chain: electricity grids.
Interviews & Viewpoints | Eyad Reda, Managing Partner, Eyad Reda Law Firm: Viewpoint from The Report: Saudi Arabia 2022
Over the past five years Saudi Arabia has witnessed unprecedented legal, social and economic reforms. Such reforms extended to the public sector’s operating model, the economy and society as a whole, and the foundations have been laid for future success. There have been calls for legal and judicial reforms before, but now the Kingdom appears determined to heed those calls by...
Articles & Analysis | Legal reforms in Saudi Arabia promote greater standardisation from The Report: Saudi Arabia 2022
In recent years Saudi Arabia has committed to a series of wide-ranging reforms that aim to diversify the economy; foster a more open and connected society; and establish a transparent, efficient and accountable government under the country’s Vision 2030 strategic framework. With those objectives in mind, there have been numerous legislative developments related to real estate...