imported 2024-03-17 17:43:06
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.
Sylvain Gotta, General Manager of SIPRA, gives his overall vision for the poultry industry in Côte d’Ivoire, where SIPRA is the leader. Mr Gotta also discusses development in the Ivorian market and the sub-regions.
Stefano Cocito, General Manager of SOLIBRA (Société de Limonaderies et Brasseries d’Afrique), gives an overview of the beverage sector in Côte d’Ivoire and presents SOLIBRA, the leader in both beer and soft drinks.
Walter Bastos Cortes Filho, Director of MGM Construtora
Walter Bastos Cortes Filho gives an overview of the construction sector in Brazil and presents MGM Construtora, a company which was founded in 1978. Mr Bastos mentions some of MGM’s differentials and success cases, such as the Ethanol Terminal in Paulinia for Copersucar and the Mogi Shopping Mall.
Hussain A. Al-Nafisi, CEO of Absal Steel
Our previous policy to become self-sufficient in wheat resulted in extremely high consumption of available water resources. Subsequently the Government has taken steps to phase out wheat cultivation by 2016.
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.
The insurance industry grew at an astounding rate of 18% in 2013. For the 2014-2015, the CEO of AXA Cooperative Insurance Company predicts lesser growth and consolidation in the industry.
According to Capital Standards, “the Saudi Arabian insurance industry has emerged as one of the fastest growing insurance industries across the world.”
Riyadh Chamber of Commerce and Industry discusses the role of the private sector in Saudi Arabia. The private sector is playing an increasingly large role in the Saudi economy, and now accounts for 48% of GDP. The non-oil sector of the economy is growing faster than the oil sector, with construction, transport and communications sectors expanding at double-digit rates.
Saudi Arabia’s economic outlook is positive on the backdrop of higher private sector growth and gains in productivity.
