Lubricants Market of Saudi Arabia Consumes 420 000 Metric Tonnes of Lubricants a Year
Mezahem H. Basrawi, CEO of Alhamrani FUCHS Petroleum, talks about the lubricants market in Saudi Arabia.
Investment Opportunities in Petrochemical Sector in Saudi Arabia
Jamal J. Malaikah, President and COO of NATPET, talks about the major investment opportunities in the petrochemical sector in Saudi Arabia.
Low Oil Prices and Petrochemical Industry
Jamal J. Malaikah, President and COO of NATPET, talks about the impact of low oil prices on the petrochemical industry.
Outlook for Global Petrochemical Industry by NATPET
Jamal J. Malaikah, President and COO of NATPET, provides his views on the global petrochemical industry and outlook in connection with the global economy.
Top Industrial Companies in Saudi Arabia
Marcopolis.net has ranked the largest industrial companies in Saudi Arabia. In compiling the list, we excluded some the top private companies that are not subject to disclosure.
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Saudi Arabia – No Longer a One-Basket Economy
The Kingdom of Saudi Arabia and oil are some of the oldest synonyms in contemporary history. But the kingdom has more to offer than black gold, and the government in Riyadh is working tenaciously to diversify the economy. “If you compare it by GDP, oil represents 85 percent in Saudi Arabia,” says Abdulrahim Al-Zamil, Chairman of the multi-industry conglomerate Zamil Group.
Saudi Arabia: The Largest Economy in The Middle East
Saudi Arabia is the 19th world’s largest economy and the biggest economy in the MENA region. The country is the world’s largest exporter of oil, with an estimated 8,865,000 barrels of oil per day production. The petroleum sector accounts for roughly 92.5% of budget revenues, 55% of GDP, and 90% of export earnings.
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Doing Business in Saudi Arabia is the Easiest According to Zamil
Abdul Rahman Al-Zamil, Chairman of Zamil Group
Without any hesitation I can tell you that doing business in Saudi Arabia is the easiest of all of these countries. Easy business doesn’t mean only government procedures.
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Ensuring Responsible Power Generation and Water Security in Saudi Arabia
Paddy Padmanathan, President and CEO of ACWA Power
The tariff difference between our tender and the next bidder across the board seems to be in the order of about an average of 20%. In practice it means: on one transaction buying 4,000 megawatts for 20 years on a 20-year fixed-price contract in this instance at 24% tariff difference between our tender and the next bidder. That is about $1.2 billion. In effect, that is $1.2 billion of saving to the national economy of Saudi Arabia.
ACWA Power: Water and Power Security
The head of the largest private/independent desalinated water and power producer in the Kingdom of Saudi Arabia and the second largest in the GCC talks about the responsibility of ACWA Power.