Saudi Arabia Stories

List of all articles filed under “saudi-arabia-stories” category.

Vision 2030 to Diversify the Economy of Saudi Arabia: The Largest Economy in the Middle East

The economy of Saudi Arabia is the largest economy in the Arab world and the Middle East. The standard of living is one of the highest in the Middle East, with a GDP per capita of over $ 20,000. The far-reaching public works policy undertaken by the authorities, together with foreign direct investment and the strength of the financial and banking system, have enabled the country to become the number one regional economy and one of the largest in the world.

Nournet is building one of the top data centres in Saudi Arabia

Over the past couple of years the words “data centre” have begun to permeate the general lexicon and particularly after the mass adoption of mobile devices the general public has been introduced to the terminology, and given some idea of the purpose they serve, but let us start by defining what a data centre is and how businesses and individuals are serviced by them.

Increased military spending to boost manufacturing and knowledge sectors creating advanced jobs and further diversifying Saudi economy

The top three largest defense spenders in the world are the US, Russia, and China. According to 2014 figures compiled by the Stockholm International Peace Research Institute, Saudi Arabia comes in as a close fourth, having spent an estimated $80.8 billion dollars up by 17% from 2013.

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