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With more than SR3.3bn ($879.8m) in spending earmarked for culture and media by 2020, Saudi Arabia’s government is hoping to attract significant private sector investment in the development of its creative and entertainment industries. To this end, state agencies are working hard to encourage international investment, talent and media sector...

With a land mass bigger than that of both Iran and Pakistan, Saudi Arabian telecoms firms intending to roll out infrastructure to the country’s widely distributed population face an expensive proposition. Rural areas, in particular, have historically represented a financially unattractive prospect, lacking the client base that would make large-scale...

Cybersecurity stands at an interesting developmental stage in Saudi Arabia. Unevenly applied in the private sector, a combination of market forces and regulatory encouragement is driving its uptake in areas where online transactions are increasingly becoming the norm. Elsewhere in the economy, the development of cloud services is presenting a data...

At Saudi Technology Development and Investment Company (TAQNIA) aviators and engineers, who are the beneficiaries of Saudi Arabia’s investments in defence and education, are making plans for the future of the Kingdom’s aerospace industry. TAQNIA, which was formed by royal decree in 2011 as a branch of the Public Investment Fund, is drawing on...

The fast-moving consumer goods (FMCG) industry supplies Saudi shoppers with local and international brands. A select group of domestic family-owned trading businesses are suppliers for the household brand names of the global FMCG business. Through joint ventures (JVs) and subsidiaries, these regional conglomerates are involved in the manufacture,...

With the creation of a new defence holding company and clauses requiring that local manufacturing and job creation be written into new contracts with international suppliers, the Kingdom’s aerospace, defence and security sector is primed for growth.