Economy

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As the world’s largest military spender per capita, Saudi Arabia is also examining ways to balance the books by maintaining the balance of power in the Middle East. At the same time, it is examining ways to balance its books by ensuring that a growing percentage of spending is on hardware locally produced within the Kingdom. Vision 2030 aims...

 

What steps need to be taken when transferring knowledge and technology to new partners?

 

Agreements made with international manufacturers of military hardware could result in thousands of skilled jobs for Saudi citizens and substantial investment in the Kingdom. The deals comprise the first steps of a plan to create a domestic defence industry capable of supplying more than half of its annual demand for advanced weapons systems,...

Chapter | Jeddah from The Report: Saudi Arabia 2019

As Saudi Arabia’s second-largest city, Jeddah serves as an important commercial centre and is also the setting for a series of important developments currently under way, which will secure its place on the map as a regional economic centre. While Jeddah already boasts the biggest seaport on the Red Sea and is the gateway to the holy cities of Makkah and Medina, it is also set to become home to...

Chapter | The Guide from The Report: Saudi Arabia 2019

The guide contains listings of some of the leading hotels and resorts in Saudi Arabia as well as contacts for important government offices and services. It also contains useful tips and information for business and leisure visitors alike.

Chapter | Makkah & Medina from The Report: Saudi Arabia 2019

Makkah and Medina are situated in western Saudi Arabia, near the coast of the Red Sea and roughly 350 km apart. The cities are home to Islam’s holiest sites, and are thus important to the religious lives of many of the world’s 1.2bn Muslims. Makkah is the birthplace of the Prophet Muhammad and the location of the Masjid Al Haram, also known as the Grand Mosque, which houses the Kaaba, a shrine...

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