Saudi Arabia Topics

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

Doing Business in Saudi Arabia: Fundamentals of Saudi Economy Are Extremely Strong

July 24, 2014

“If we look at all the fundamentals related to Saudi economy, I do think we have any other option but to be positive and optimistic about our future,” explains Dr. Ghassan Al-Shibl, President and CEO of AEC, who discusses the economy and doing business in Saudi Arabia in an exclusive interview.

Advanced Electronics Company Moving Saudi Arabia Closer to Knowledge Economy

June 30, 2014

Dr. Ghassan Al-Shibl, President and CEO of Advanced Electronics Company (AEC)
The issue of a knowledge-based economy is clearly a very critical one for the Kingdom of Saudi Arabia. The beauty of knowledge-based industries lies in their heavy reliance and dependence on human resources. If you look at the composition of the population in the Kingdom, more than 60% of the population is less than 30 years old. We have a very young population, which is one of the most crucial requirements for the development of a knowledge-based econom

Ensuring Responsible Power Generation and Water Security in Saudi Arabia

June 8, 2014

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.

Tourism in Saudi Arabia: Business Tourism Outlook 2014-2015

June 8, 2014

Abdullah Alomran, CEO of Riyadh International Convention and Exhibition Centre (RICEC)
According to statistics from SCTA, which is the tourism authority here, the Riyadh International Convention and Exhibition Centre´s share of the total MICE visitors is 10%. Therefore 10% of the visitors coming to Saudi Arabia for MICE purposes have visited the Exhibition Centre here in Riyadh.

Saudi Arabia: Private Sector Stronger with Improved Business Environment

June 1, 2014

Dr. Mohammed H. Al Kathiri, Secretary-General of Riyadh Chamber of Commerce and Industry
The Saudi economy in general has been growing over the last few years and is going to continue growing according to statistics from the Ministry of Economy and Planning and in view of what’s going on in the region. Saudi Arabia is the largest economy in the region and is a member of the G20; it is one of the world’s leading oil producers and exporters and the largest producer of petrochemicals in the Middle East.

Saudi Real-Estate Sector Grew Substantially says Saudi Real Estate Company – Al Akaria

June 1, 2014

The real estate sector in Saudi Arabia has been one of the major economic supports for the economy of the country for at least the last two decades. The outlook for the real-estate sector is positive. There will be tremendous growth. Within the last three years, there was almost 300% growth in the real estate market, and in projects and development in general.

Scroll to top
Close
MarcoPolis © Copyright 2024. All rights reserved.
Close