Saudi Arabia Interviews - MarcoPolis

Education has been the governmental priority for some time now, since the days of the late King Abdullah. A lot of resources have been invested in education. I believe this is the right way for the country to develop. The most important thing in the sector is the type of education the country needs. We certainly need more practical and applied education, rather than theoretical education. Now, we need industries, we need doctors and engineers. We need applied, practical and scientific education.

Saudi Arabia Interviews Saudi Arabia Transportation

Private Aviation in Saudi Arabia: 60% of Regional Market, 20% Growth

June 4, 2015

The market contains around 480 aircrafts. It is expected to double to about 1000 in 2020. Saudia Private Aviation has the best knowledge in this field. We built out biggest and largest FBO in Saudi Arabia for private aviation.

Saudi Arabia Interviews Saudi Arabia Real-Estate

Future of the Saudi Real Estate Market: Insights

June 4, 2015

Right now the real estate market is facing a lot of changes. The Minister of Council has announced that he will charge a fee or levy tariffs on the white lands. This gives rise to a lot of rumors. People are not sure about the future of the real estate market.

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“1 Million Applicants for Housing in Saudi Arabia” says Dar Al Tamleek

June 4, 2015

We don’t have a clear vision of what is going to happen. In order to do product planning you need data and unfortunately accurate data is not available in Saudi. If you want to plan for the next five years you need to know how many houses are going to be built, how many exist, how many are going out of the market, how many permits have been approved etc. all of this data is not currently available or it is available but it’s not accurate.

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Tamer Group Discusses Pharmaceutical Industry, Economy and Doing Business

June 2, 2015

In addition, according to Ninth Development Plan by Ministry of Economic & Planning, increasing life expectancy (74 years) which is leading to an ageing population in need for specific and costly health services (> 60 years are growing from 4% to 7% in 2020).

Saudi Arabia Interviews Saudi Arabia Services

Brash Brands: Branding in Saudi Arabia and Middle East

June 2, 2015

Every brand has the potential to go global, if it is strategically set to be. Some brands just have the ambition of being regional or local. If they go global, they may lose their value. It depends on how they are positioned and what they offer. However, I agree with you that even on the regional level, many brands could be much bigger.

Saudi Arabia Interviews Saudi Arabia Transportation

Arabasco: Saudi Aircraft MRO, Management and Charters Company Growing by 6.7%

May 25, 2015

The annual growth of the MRO sector in the Middle East is 6.7%. This is the highest growth rate in this sector anywhere in the world. The growth of the aviation sector in Saudi Arabia is slower, this is because of the lack of MRO facilities.

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Petrochemicals: The Future of Saudi Petrochemical Industry

May 15, 2015

Saudi Arabia currently produces 55 million tons of petrochemicals but the consumption in Saudi Arabia is 2.5 million tons.

Saudi Arabia Interviews Saudi Arabia Utilities

Saudi Arabia’s Future Energy Mix: 40% Renewables, 35% Gas and 20% Oil

May 12, 2015

In 2014 we tendered many projects. Our record is, we submitted 11 tenders between 2013 and 2014, losing only 1 bid. So we enter 2015 with 10 new projects on hand.

Saudi Arabia Insurance Saudi Arabia Interviews

Health Insurance Services in Saudi Arabia: Regulatory Viewpoint

May 12, 2015

The outlook in health insurance industry is that it’s expanding. There was a study in 2012 that found the demand in health services and health insurance services in Saudi Arabia would expand 100% in 2019, which is a huge figure that requires a lot of efforts and changes to CCHI, and overall quality of health insurance companies and providers.