Innovation and knowledge economy in Saudi industry
Talal K. Idriss, CEO of Bahra Cables talks about innovation in Saudi industry and the knowledge economy.
List of all articles filed under “saudi-arabia-knowledge-economy” category.
Talal K. Idriss, CEO of Bahra Cables talks about innovation in Saudi industry and the knowledge economy.
With a total population of approximately 30 million people, the oil state “is a very dynamic market,” Hassan Kabbani, the CEO of Zain KSA, told Marcopolis in an exclusive interview. “There is a very high level of mobile penetration, reaching more than 180%, and very high level of Smartphone penetration.” Such figures are rare in the emerging markets, but typical for the Gulf Arab oil states with its low population density, but huge distances between the different cities and villages.
Advanced Electronics Company (AEC) was one of the companies created under the auspices of the Saudi Economic Offset Program, which originally started in the mid-1980s. The company focused on critical technologies and dedicated itself to defence electronics, later on spreading into other areas such as ICT and industry (power and energy).
Dr. Ghassan Al-Shibl, President and CEO of Advanced Electronics Company (AEC), a leading manufacturing company operating in military, telecom and industrial sectors, stresses the importance of knowledge economy for Saudi Arabia.
As part of BAE Systems’ Industrialisation Programme the Company has been working closely with AEC and Rockwell Collins Deutschland, the original equipment manufacturer (OEM), to establish indigenous repair capabilities in the Kingdom in order to provide sovereign support to the RSAF’s Typhoon fleet.
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
Advanced Electronics Company (AEC) is a regional pioneer in the development of advanced electronics, serving local, national, and international clients in the defense, security, telecom, manufacturing, systems integration, and repair and maintenance sectors.