Economy

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GOVERNMENT MINISTRIES Civil Service (011) 402 6666 Commerce & Investment (011) 401 2222 Communications & Information Technology (011) 452 2222 Culture & Information (011) 401 4440 Defence (011) 478 9000 Economy & Planning (011) 401 1444 Education (011) 404 6666 Energy, Industry & Mineral Resources (011) 478...

 

MANNERS: There are social expectations for interactions between unrelated men and women, which it is polite to follow when visiting Saudi Arabia. Businessmen should wait for a woman to offer her hand to shake in a meeting. In other situations, keep a respectful distance. Hand-shakes between men are common. Saudis pride themselves on...

Articles & Analysis | Hotels around Saudi Arabia from The Report: Saudi Arabia 2019

 

AL MASHREQ BOUTIQUE HOTEL Ouroubah and Prince Turki Road Intersection PO Box 33554, Riyadh 11458 T: (+966) 11 283 4777 F: (+966) 11 283 4744 www.almashreqboutiquehotel.com info@almashreq.sa Rooms: 69 rooms, including 18 junior suites and 2 royal suites. Business & Conference Facilities: 4 meeting rooms and the Al Hamra Ballroom,...

 

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...

 

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,...

 

Offsetting fluctuations in hydrocarbons output and prices, the non-energy sector accelerated in 2018, growing by 6% in the first half of the year, according to an IMF report released in November 2018. Real GDP growth of 2.4% was projected for 2018, up from the 1.6% growth of 2017. This expansion is set to gather momentum again in 2019, with...

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