List of all articles filed under “saudi-arabia-topics” category.
Also if you look at some of the consumer trends that usually drive behaviours, there is a very young population with over 70% of the population under 25, and they are very tech savvy in IT usage from a consumer perspective. These factors are driving even more trends toward corporate services and government services.
Looking forward into 2016, we are looking forward to a busy year. In our 11-year history, 2015 was our busiest year.
Despite opening up to markets in the east and to investors globally, the future of the Saudi petrochemical industry remains challenging. About 90 million tons is the total annual output of Saudi Arabia’s petrochemical production.
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 $80.8 billion dollars up by 17% from 2013.
Lama Al Sulaiman, Board Member of Rolaco and Vice Chairwoman of Jeddah Chamber of Commerce talks about women participation in the Saudi Economy.
Lama Al Sulaiman, Board Member of Rolaco and Vice Chairwoman of Jeddah Chamber of Commerce talks about the unemployment rate amongst Saudi women.
Lama Al Sulaiman, Board Member of Rolaco and Vice Chairwoman of Jeddah Chamber of Commerce talks about the future of women in Saudi Arabia.
It seems doing business in Saudi Arabia is getting harder. In 2011, Saudi Arabia ranked 10th in the World Bank’s doing business survey. In 2012, it was on the 12th position, and now 2014, the latest one is 49th position—and that’s a significant drop.
There is a decrease in inflow of foreign direct investment. It appears to be US$ 7.8 billion in the fourth quarter of 2014 as opposed to US$ 9.3 in 2013.
Mazen M. Batterjee, Vice President of Jeddah Chamber of Commerce and Industry talks about Jeddah as an economic hub as the city experiences 10% yoy growth.
