On developments in Saudi Arabia’s catering industry How do you assess the potential of the catering sector as an investment opportunity, both in the aviation and non-aviation segments? WAJDY AL GHABBAN: Saudi Arabia's catering sector exhibits multiple characteristics that make it an attractive long-term investment proposition in both the aviation and non-aviation segments. The Saudi economy…
SaudiArabia’s Vision 2030 blueprint for socio-economic transformation is capturing international attention. Beyond high-profile projects and events, strategic cohesion and societal support are facilitating tangible developments on the ground.This publication examines the key sectors driving the Kingdom’s growth under the National Industrial Development and Logistics Programme (NIDLP),…
The Kingdom of Saudi Arabia is experiencing a period of sustained economic growth, outperforming other G20 nations in 2022. This expansion is attributed to higher global energy prices, resulting in a fiscal surplus and supporting diversification efforts and the non-oil sector.
With electric vehicles (EVs) set to become more accessible to drivers around the world – and solid growth trends attracting public and private investment – several emerging markets are looking to expand their EV manufacturing capacity. EV uptake is essential to the global energy transition, as transport remains the industry with the highest reliance on fossil fuels, producing an estimated 37% of…
Saudi Arabia, the largest country in the GCC and the second-largest in the MENA region, boasts extensive and increasingly sophisticated transport and logistics infrastructure and services. Significant public funding has been crucial to the improvement seen in the sector’s overall performance, and it is expected to play a pivotal role in the Kingdom’s pursuit of its various economic and strategic…
Saudi Arabia boasts extensive and increasingly sophisticated transport and logistics infrastructure, supported by significant public funding. Private investment is growing, thanks to privatisation efforts and public-private partnerships. Ambitious logistics projects, if funded and executed successfully, could position the Kingdom as a global leader in the sector. Sustainability is a central pillar…
The rise of connected, autonomous, shared and electric vehicle megatrends in the automotive industry are bringing social and governance considerations to the fore of ESG strategic thinking, as innovation leaders revolutionise the way that community transport networks are structured and face up to their responsibilities for how user data is stored and protected. The advent of automated technology…
In this Global Platform video, Farooq Shaikh, CEO, LogiPoint, identifies the key characteristics that make Saudi Arabia a competitive location for logistics and transport activities in the wake of the Covid-19 pandemic. Along with new warehousing developments in Modon and its strategic position along global trade routes, the Kingdom is targeting net-zero and strategic diversification goals through
− Aviation’s post-pandemic recovery buoyed by a surge in tourism − Emerging markets launch new airlines to boost status as global aviation centres − Historic aircraft deals signal return of investor confidence to sector − New emissions regulations present opportunities for sustainable fuel production With global aviation passenger numbers rebounding, emerging markets…
Under its overarching economic development plan, New Kuwait 2035, the government is working to strategically harness the country’s location on the Gulf to transform its transport and logistics industries into key contributors to GDP. Several significant upgrades to existing transport infrastructure are at an advanced stage, while a new logistics belt is a key component of the Madinat Al Hareer, or…