List of all articles filed under “saudi-arabia-interviews” category.
That is a very difficult question. We talk about numbers and it is not clear what the right number is. Right now it is a different story, there are some journalists or activists that claim that there are one million units available i.e. one million units not occupied.
Between 2013 and 2025, GCC countries will have spent roughly 1 trillion on defence and about 30% of this is dedicated to capital expenditures. If a 35% offset requirement is enforced this means that 105 billion could either be invested or sourced domestically creating more than 280,000 jobs.
We are integrating those capabilities into our equipment and at the same time give our customers the best visibility of their infrastructure. So we usually save 30% of the current energy utilization with the deployment of those standard solutions.
In 1994, we saw that the infrastructure in Saudi Arabia needed a lot of development; therefore, we built our own company to capitalize on this opportunity.
The government has reaffirmed its commitment to support the economy by budgeting for a SR326 billion deficit in nominal terms, based on revenues of SR514 billion and expenditures of SR840 billion.
Security is a very crucial matter and it is top of the agenda for all governments, security companies and airport commissions because it deals with people and with their lives. Needless to say every country’s government or security agencies put the highest significance and interest in developing and promoting this business.
Hossam H. Al Gendy, General Manager of Holiday Inn — Jeddah Al-Salam
The renovation works will be completed in 2 to 3 years. This hotel is considered to be the second largest hotel in Jeddah, with more than 355 rooms.
The Islamic finance industry has evolved in the direction of complying with the conventional system. Islamic finance industry has to rethink its philosophy. The latest trend in the industry is the emergence of innovations from Islamic institutions that are derived from the principals of the Islamic finance philosophy, not from the motive of providing solutions or mimicking the conventional finance systems.
With over 27 million consumers and a number of global enterprises, Saudi Arabia is the largest ICT market by far in the Middle East. For example, the Saudi telecoms and information technology industry represents about 51 to 55% of the total Middle Eastern market.
Our focus in investment will definitely be on 4G. It will take almost two years of testing for 5G to see the light. For us, LTE will be our main investment.
