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Tag Archives: Saudi Arabia

Is Saudi Arabia’s Vision 2030 starting to take shape?

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Microsoft co-founder Bill Gates believes young people in Saudi Arabia are key to the country achieving its Vision 2030 reform plan. The reforms put in place earlier this year by the oil-rich kingdom appear to be taking hold, if we are to go by two major economic announcements this week. The first was the Saudi Arabian central bank’s announcement that …

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54% of Businesses in UAE and Saudi Arabia Have Experienced Business Disruption because of Digital Technologies

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Digital Crisis Looms: Business Leaders Fear Digital Start-ups Will Make Their Business Obsolete Within 3-5 Years News highlights: 85% of businesses consider digital start-ups a threat, either now or in the future 44% of businesses don’t know what their industry will look like in 3 years 59% have witnessed the entrance of new competitors as a result of digital technologies …

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Lufthansa introduces new General Manager for Saudi Arabia

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Mark Pey assumes lead post in the Kingdom, plans to grow Lufthansa’s business. Riyadh/Jeddah – Beginning September 1, 2016, Mark Lukas Pey is the new Country Manager for Lufthansa German Airlines in Saudi Arabia, looking to further grow the airline’s business across the Kingdom. With over 20 years’ expertise in the airline industry, Pey will leads the team to strengthen …

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Food services industry set to soar in Saudi Arabia

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Jeddah – Being the largest economy in the Middle East, Saudi Arabia has a rapid growth of food consumption. The Kingdom offers abundant growth opportunities to food and beverage companies, across all its sub-sectors and categories, due to a particular lifestyle, age group and most of all, potential. According to industry research, the total GCC food services market, which includes, …

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Irresistible Almarai is most positively perceived brand in Saudi Arabia

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eXtra and Mobily claim Kingdom’s most improved brand status. Riyadh, Saudi Arabia – Middle East megabrand Almarai is the most positively perceived brand in Saudi Arabia according to the 2016 Mid-Year BestBrand Rankings – released today by global market research company YouGov. The Mid-Year BestBrand Rankings which launched across 26 countries globally, including the UAE, Saudi Arabia and Egypt, are …

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Cisco Partners with Saudi Arabia to Accelerate the Digitization of the Kingdom

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Supports Saudi Arabia’s efforts to drive GDP growth, foster innovation, create new jobs and strengthen global competitiveness Multipronged effort extends Cisco’s commitment to Saudi Arabia, places it at forefront of Kingdom’s efforts to develop a strong digital economy Partnership framework aligns with Saudi’s Vision 2030 and recently approved National Transformation Program Following a meeting between Saudi Deputy Crown Prince Mohammed …

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Nissan appoints Simon Frith as new Managing Director for Saudi Arabia

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Nissan has announced that Simon Frith has been appointed to be the new Managing Director of Nissan Saudi Arabia Co., Ltd., effective June 1. Frith’s appointment will accelerate strategic decision making to further develop Nissan’s business operations in the Kingdom. He will be based in Jeddah and report to Samir Cherfan, the Managing Director of Nissan Middle East. The appointment …

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Renewables ‘vital’ to Saudi Arabia’s economic diversification, says DC PRO engineering chief

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Saudi Vision 2030 targets production of 9.5 GW of renewable energy by 2022 and 54 GW by 2040. George Berbari, CEO of DC Pro Engineering, urges Kingdom to transition to Tri-Generation & Renewable District Cooling. Riyadh – One of the world’s foremost voices in pioneering District Cooling technologies believes public and private sector entities across the Kingdom of Saudi Arabia …

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Business aviation booming in Saudi Arabia

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Flights in 2016 continuing to follow the trend. Business aviation flights in Saudi Arabia increased by 6% year-on-year in the first quarter of 2016, according to statistics from WINGX released at the MEBAA Conference in Jeddah, Saudi Arabia, which concluded recently. “Business aviation is an expanding market in the Middle East,” says Ali Alnaqbi, Founding Chairman of the Middle East …

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Saudi Arabia shows highest growth in high-quality science in Western Asia

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Saudi Arabia continues to enhance its position as a regional leader in scientific research. As reported in Nature Index 2016 Saudi Arabia – published with the 28 April issue of Nature -Saudi Arabia’s contribution to high-quality research papers is growing more than any other country in Western Asia. Between 2012 and 2015, Saudi’s growth in contribution to the Nature Index …

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