AEC Discusses Developing ICT Capabilities
Advanced Electronics Company (AEC), a leading manufacturing company operating in military, telecom and industrial sectors, discusses their strategy to develop ICT capabilities in Saudi Arabia.
AEC’s Major ICT and Defense Projects in Saudi Arabia
Advanced Electronics Company (AEC) has been involved in major defense and ICT projects in the Kingdom of Saudi Arabia. One of the projects included cooperation with Saudi Telecom. Dr. Ghassan Al-Shibl, President and CEO of AEC, talks about the most important projects AEC has undertaken.
Typhoon Repair in 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.
Saudi Arabia DefenseSaudi Arabia ICTSaudi Arabia InnovationSaudi Arabia InterviewsSaudi Arabia Knowledge EconomySaudi Arabia Telecom
Advanced Electronics Company Moving Saudi Arabia Closer to Knowledge Economy
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
Saudi Arabia EconomySaudi Arabia InfrastructureSaudi Arabia InterviewsSaudi Arabia Oil and GasSaudi Arabia Utilities
Ensuring Responsible Power Generation and Water Security in Saudi Arabia
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
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.
Steel Industry in Saudi Arabia: Demand for Steel Projected to Grow
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.
Saudi Agriculture: Food Security is the Main Priority for ARASCO
Dr Abdulmalik Al Husseini, CEO of ARASCO
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.
Saudi Real-Estate Sector Grew Substantially says Saudi Real Estate Company – Al Akaria
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.
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Saudi Arabia: Private Sector Stronger with Improved Business Environment
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.