diversification - MarcoPolis

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

August 11, 2015

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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Diversification of Economy in Saudi Arabia

March 25, 2015

Jamal J. Malaikah, President and COO of NATPET, discusses the diversification of the economy in Saudi Arabia.

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Saudi Arabia – No Longer a One-Basket Economy

February 10, 2015

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.

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Knowledge Economy: Key to Diversifying Saudi Arabia

July 24, 2014

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.

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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

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Saudi Economic Diversification

May 22, 2014

Saudi Arabia’s economic diversification is a difficult policy to implement. Abdulrahman Al-Zamil talks about the economic diversification.

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Libya Businessmen Association: Problems of Diversification of the Libyan Economy

May 23, 2013

Abdulnaser Ben Nafaa, Chairman of Libyan Businessmen Council, discusses the diversification of the economy from hydrocarbons. Hydrocarbons or oil have dominated the Libyan economy since a long time now, as the oil forms 70% of the Libyan GDP, more than 95% of exports and approximately 90% of government revenues.