Saudi Arabia Articles & Analysis

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Body copy Given new budget constraints, how is the Ministry of Education (MoE) looking to use its resourcesmore efficiently and effectively?

 

For the first time in recent years the budget for education fell year-on-year in 2016, leaving ministers and officials with some stark choices about how best to spend their allocation. On December 28, 2015, the day the government’s spending plans were announced, crude oil was trading at $37 a barrel, having fallen from the most recent peak of...

 

With innovation central to the Kingdom’s growth strategy, what advances are being made in research and development (R&D)?

 

With population growth of 2.4% in 2015, there is a rising need for housing in Saudi Arabia, and the government has introduced measures to create half a million affordable units for its citizens, only 30% of whom currently own their own homes. The latest initiative is a 2.5% tax on undeveloped land, which was introduced on June 15, 2016.

 

To what extent are factors such as declining oil prices, subsidy cuts and regional challenges adversely impacting the construction industry?

 

From 2003 to 2013 Saudi Arabia’s second oil boom brought a decade of prosperity for its construction and engineering sectors, but with the brakes applied to public spending, many businesses face a more challenging landscape in 2016. Work is continuing apace on some of the most prestigious projects, such as the Riyadh Metro and King Abdullah...