Overview

Private sector participation to modernise Saudi health care
OBG
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There is cause for optimism in Saudi Arabia’s health and life sciences sectors, with the rollout of key government programmes transforming the way the Kingdom approaches medical care and scientific research. This presents notable opportunities for private sector investment – both domestic and international. Under the ambitious Health Sector Transformation Programme (HSTP), more hospitals and clinics…

Overview

New regulations are improving Saudi Arabia's education outcomes
OBG
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Saudi Arabia’s education system has undergone a significant restructuring in recent years, driven by the launch of Vision 2030, the Kingdom’s blueprint for socio-economic transformation. The government has introduced a wide range of reforms aimed at closing the skills gap and spurring economic diversification rooted in a knowledge-based economy. Private education enrolment levels are expected to…

Overview

Saudi Arabia's construction pipeline reaches record high
OBG
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Saudi Arabia’s construction and real estate sectors are booming as the Kingdom continues on its path to comprehensive socio-economic transformation under Vision 2030. It is currently a world leader for construction activity, with a pipeline of projects valued at around $1.5trn, according to 2024 data from real estate services company JLL. These developments, however, go beyond simply expanding the…

Overview

Sustainable development central to transport links in Saudi Arabia
OBG
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As Saudi Arabia pursues its programme of economic diversification as part of its Vision 2030 roadmap, the country’s transport networks and logistics industry are set to play a key role in achieving these goals. The sector continues to witness rapid expansion, as large projects in a wide range of areas – including roads, ports, public transport and airlines – are quickly developed with significant…

Overview

Where to stay in Riyadh
OBG
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FAIRMONT RAMLA SERVICED RESIDENCES 7713 King Fahad Road Al Sahafah District Riyadh 13321 T: (+966) 11 224 4500 info.ramla@fairmont.com www.fairmont.com/ramla-riyadh Rooms: 249 furnished apartments, suites and a two-floor penthouse. Business & Conference Facilities: Five fully equipped meeting rooms and cinema room accommodating up to 10 guests. Health & Leisure Facilities: 24-hour fitness…

Analysis

Governments collaborating to counter cyberthreats
OBG
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The conflict in Ukraine has caused disruption across the global economy, prompting an increase in the number and sophistication of cyberattacks. According to a poll of 800 chief audit executives conducted by the UK-based Chartered Institute of Internal Auditors, 77% of respondents thought the conflict in Ukraine had elevated cybersecurity and data-security risks. Senior cybersecurity analysts have…

Analysis

Partnerships support Saudi Arabia's RDI strategy
OBG
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Saudi Arabia is undergoing a significant transformation under Vision 2030, the national agenda aimed at developing a diversified, knowledge-based economy and reducing the Kingdom’s reliance on fossil fuels. At the heart of this transformation is a focus on research, development and innovation (RDI), seen as a major catalyst for economic diversification and the generation of added value in the industrial…

Analysis

Advanced technologies shape manufacturing in emerging markets
OBG
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Amid the backdrop of dynamic shifts in global trade patterns and technological advancement, Industry 4.0 and artificial intelligence (AI) are substantially reshaping manufacturing landscapes in emerging markets. Although challenges exist for full implementation – including infrastructure and skill gaps – rapid urbanisation and a burgeoning young workforce in these countries drive demand for automation…

Analysis

Reduced oil production capacity supports Saudi Arabia's climate goals
OBG
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As oil markets rebounded in 2021 when the global economy began to recover from the Covid-19 pandemic, Saudi Arabia announced plans to increase its maximum sustainable oil production capacity from 12m to 13m barrels per day (bpd) by 2027. However, in January 2024 the Ministry of Energy scaled back these plans, opting to maintain capacity at 12m bpd. This shift aligns with the strategy of Vision 2030,…

Analysis

Saudi Arabia undertakes recycling and waste-to-energy projects
OBG
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In alignment with its Vision 2030 and Net Zero 2060 commitments, Saudi Arabia is transforming its waste management system to focus on sustainability and resource efficiency. Rapid industrialisation, population growth and urbanisation have made waste management a pressing concern. The Kingdom generates over 110m tonnes of waste annually, with 43% of the total coming from Riyadh, Jeddah and Dammam. Targets To…