H.R.H Prince Salman Bin Abdulaziz Chairman, High Commission for the Development of Arriyadh
|
|
- Eric Sharp
- 8 years ago
- Views:
Transcription
1
2
3 Economic development is a vital element which the state must focus on and take care of. A strong and growing economy provides the solid foundation for cultural renaissance and is a mainstay of our citizens present and future prosperity and wellbeing. The Kingdom s interest endorsed by God - and efforts to develop the economy take into account the many requirements for stable economic growth and constitute an important part of development plans. The Kingdom has always had as a priority the needs of citizens in all regions and the provision of services and public utility projects which are requirements of modern development. Furthermore, it has sought to develop financial, industrial and service sectors by providing organizational facilities, financial support and marketing protection. It has also initiated the establishment of strategic economic entities and large economic projects as a way of investing in the blessings and privileges that God has bestowed on Arriyadh. Under the leadership of the Custodian of the Two Holy Mosques may God support him, the Crown Prince has initiated major service and public utility projects, so that all regions can benefit from a sustainable economic renaissance. God has bestowed Arriyadh with plenty of economic blessings. These have contributed to the progress of the City s economy, and have made it a favourable place for investment by Saudi citizens, GCC nationals and foreigners. Arriyadh is the administrative and political capital of the Kingdom and, as the center of finance and business, is the interface of political decision making and economic leverage. Arriyadh enjoys advantages being strategically located among the various regions of the Kingdom, in addition to its natural blessings which have made the City a center for various industries, and multilateral trade activities. The Kingdom s continued focus on infrastructural projects have helped develop the service sector, create economic value and prosperity in the private sector and attract domestic and foreign investment. By God s help and grace, Arriyadh will achieve further integrated economic growth which will continue to rely on the various strategic plans and monitoring needs while ambitiously looking towards the future wellbeing and development of the City. H.R.H Prince Salman Bin Abdulaziz Chairman, High Commission for the Development of Arriyadh
4
5 Economic development is closely related to urban development and both exercise a mutual influence upon each other. Urban development has opened the door to modern economic domains such as environmental protection issues and tourism. The requirements of urban planning are equally important for economic development as an integral part of the process of urban development. Balanced urban development and the realization of the future needs of Arriyadh s public utilities, services and housing can only be fulfilled within the framework of successful economic formulas that provide abundant and required resources. The concern of the High Commission for the Development of Arriyadh with the City s economy is based on strategic studies formulating long-term plans and close coordination between sector performance for the most effective development of urban components. The comprehensive strategic plan of Arriyadh focuses on economic development as a vital sector of urban development. The strategic plan sets general axes for economic development and these include the diversification of the city s resources, creation of new sectors and investment in human, natural and strategic resources. The plan also works on the activation of a complementary role with the private sector, and expands its participation to include development of the basic requirements of the City, its public utilities and future services. Meeting these requirements will be achieved according to viable economic principles while improving and developing the environment, resources and urban capacities to keep Arriyadh City an attractive destination for sustainable investment. The most prominent urban development programs represent the best and most economically feasible investment opportunities. Examples for Arriyadh are the planned urban sub-centers, development of communications and public transportation, open areas, building systems, multi-use areas and the city center. All of these, as they roll out represent cost effective urban development programs. Careful and regular monitoring of Arriyadh s economic indicators as well as studies on the reciprocal impact between economy and various urban activities and urban development plans reflect the responsibilities of the High Commission for the Development of Arriyadh. This ongoing monitoring of the City s economic status is a key part of the Commission s concern and responsibility. H.E Abdullatif Bin Abdulmalik Al Sheikh Member of the High Commission for the Development of Arriyadh Chairman of Projects and Planning Department in the Commission
6 Contents This Report 12 Part One: Kingdom of Saudi Arabia: General Information 15 Part Two: Arriyadh City 19 Theme One: Arriyadh City: General Features 20 Theme Two: Arriyadh City Importance 24 Theme Three: Infrastructure in Arriyadh City 25 Roads and Transportation 25 King Khaled Airport in Arriyadh 25 Ports and Railroads 27 Telecommunications 27 Post 29 Electricity 29 Water and Sanitary Waste 31 Theme Four: Economic and Service Sectors in Arriyadh City 32 Industrial Sector 32 Agricultural Sector 33 Trade Sector 35 Construction and Building Sector (Contracting) 35 Real Estate Sector 36 Insurance Services Sector 37 Education Sector 37 Tourism Sector 40 Health Sector 41 Finance and Banking Services Sector 43 Telecommunications and Information Technology Sector 43 Theme Five: The High Commission for the Development of Arriyadh and its Role in the Development of the City Sub-Centers 46 A Plan to Develop the Environmental and Urban Situation for South of Arriyadh City 47 Theme Six: Arriyadh Competitiveness Center 48 Theme Seven: Arriyadh Chamber of Commerce and Industry 50 Part Three: Kingdom of Saudi Arabia and the Enhancement of Investment Climate 53 Theme One: Macro-Economic Indicators in the Kingdom 54 State Budget 54 Pages 44 8
7 Pages Gross Domestic Product (GDP) 55 Balance of Payments 56 Foreign Trade Relations 56 Cost of Living Index 59 Wholesale Index 59 Per Capita Income 60 Labor Market Structure 61 Transport and Telecommunications Infrastructure 62 Major Producing Sectors 64 Performance of the Saudi Economy and Future Outlook 66 National Strategies 67 Theme Two: Policies and Measures Supporting Investment in the Kingdom 71 The Economic Strategy & Privatization 71 Projects Supporting the Kingdom s Transfer to a Knowledge-Based Economy 73 Economic Freedom and the Enhancement of Investment Climate 77 The Kingdom & the WTO 77 Saudi Arabia s Capital Market 79 Real Estate Investment and Companies 80 Banking System Development 83 Theme Three: Rules of Investment in the Kingdom and Related Procedures 85 Labor Law 85 The Foreign Investment Act 85 Capital Market Law 86 Corporate Law 87 Commercial Register Law 87 Trade Agencies Law 88 Trademarks Law 88 Commercial Papers Regulations 89 Customs Law 89 Income Tax Law 89 Measures and Weights Law 90 Cooperative Insurance Law 90 Social Insurance Law 91 9
8 Contents Pages General Environment Law 91 Intellectual Property Rights 92 Commercial Mortgage Law 92 Competition Law 92 Mining Investment Law 92 Theme Four: Higher and Major Investment Authorities In the Kingdom 94 The Supreme Economic Council 94 The Supreme Council for Petroleum and Mineral Affairs 94 Saudi Arabian General Investment Authority (SAGIA) 94 The Saudi Commission for Tourism and Antiquities (SCTA) 95 The Capital Market Authority (CMA) 96 Communications and Information Technology Commission (CITC) 97 Royal Commission for Jubail and Yanbu 98 Saudi Organization for Industrial Estates and Technology Zones 98 Saudi Aramco 101 Saudi Basic Industries Corporation (SABIC) 101 Saudi Arabian Mining Company (Ma aden) 102 Saudi Ports Authority 103 Theme Five: Financial Services and Credit Funds in the Kingdom 104 Saudi Industrial Development Fund (SIDF) 104 Agricultural Development Fund (formerly Saudi Arabian Agricultural Bank) 105 Saudi Fund for Development (SFD) 106 The Public Investment Fund (PIF) 107 Real Estate Development Fund (REDF) 107 Human Resources Development Fund (HRDF) 107 The Centennial Fund 108 Saudi Credit Bank (SCB) 109 Commercial Banks 110 Theme Six: Ninth Development Plan and Investment Outlook in the Kingdom 112 Part Four: Investment Opportunities in the City of Arriyadh 117 Theme One: Investment Opportunities Offered by the Government and Other Agencies 118 The High Commission for the Development of Arriyadh 118 Saudi Commission for Tourism and Antiquities (SCTA)
9 Pages Saudi Arabian General Investment Authority (SAGIA) 120 The Saudi Organization for Industrial Estates and Technology Zones (SOIETZ) 120 Arriyadh Region Municipality 121 Public Pension Agency 121 General Organization for Social Insurance 121 King Saud University in Arriyadh 121 Saudi Electricity Company 122 Budget Surplus Projects 122 Theme Two: Investment Opportunities Offered by Other Parties 124 Saudi Aramco 124 Riyadh Chamber of Commerce and Industry 124 Theme Three: Investment Opportunities Resulting from Sectoral Studies 126 The Industrial Sector 126 The Water Sector 126 Sanitation Sector 126 The Electricity Sector 127 Education Sector 127 Health Sector 127 Roads and Transport Sector 128 The Telecommunications Sector 128 Housing Sector 128 The Social Welfare Sector 128 The Tourism Sector 128 Personal Services Sector 128 Statistical Tables and Addresses of Agencies Related to Investment 132 Web Addresses of Selected Organizations
10 The High Commission for the Development of Arriyadh This Report The Investment Climate in Arriyadh City report represents one of the objectives of the High Commission for the Development of Arriyadh City to provide local and foreign businessmen and investors with guidelines and information on policies and procedures related to relevant agencies and the range of investment opportunities available in Arriyadh City. The 2011 edition comprises four parts: Part One provides background and general information on the Kingdom of Saudi Arabia. Part Two under the title Arriyadh City presents background information on Arriyadh City; its importance, infrastructure, economic and service sectors and the role of the High Commission for the Development of Arriyadh City in the development of the City. Part Three shows the role of the Kingdom in enhancing the investment climate, including the macroeconomic indicators in Saudi Arabia, and policies and procedures adopted by the government to support the investment in the Kingdom and Arriyadh City. It provides key regulations and procedures, including the recent labour law related to investment, foreign investment and capital markets. It also covers main government agencies related to investment in the Kingdom and Arriyadh City, such as the Supreme Economic Council, Supreme Council for Petroleum and Minerals, General Investment Authority, Saudi Commission for Tourism and Antiquities, Telecommunication and Information Technology Commission, etc. It also includes the agencies which provide funding and investment support, such as Saudi Industrial Development Fund, Real Estate Development Fund, Saudi Fund for Development, Public Investment Fund as well as commercial banks. This part ends with a brief on the indicators and goals of the Ninth Development Plan, in particular the investment strategy in the Kingdom. Part Four handles investment opportunities in Arriyadh City which are provided by various public agencies such as the High Commission for the Development of Arriyadh, Saudi Commission for Tourism and Antiquities and other agencies. It also includes information on investment opportunities in various private economic and service sectors and the opportunities resulting from studies of sectors. The Investment Climate Report concludes with various statistical tables that review the essential economic, service and social indicators in the Kingdom in general and Arriyadh City in particular. This is accompanied by a list of websites and other useful information on the most important public and private organizations involved in investment, administrative and legal procedures. 12
11 Investment Climate in Arriyadh
12 The High Commission for the Development of Arriyadh 14
13 KINGDOM OF SAUDI ARABIA GENERAL INFORMATION
14 The High Commission for the Development of Arriyadh Kingdom of Saudi Arabia: General Information Basic Law The Kingdom of Saudi Arabia is an Arab Islamic country, applying Islamic Sharia law in its judicial system. The constitution of the Kingdom is based on the Holy Qur an and the Sunna of the Prophet (peace be upon him). The political system is based on absolute monarchy. The executive and legislative powers are exercised by the King and the Council of Ministers in accordance with the teachings of Islam. The Consultative Council was established to provide advice to the King and the Council of Ministers in matters of relevance to the Government and its policies. Regional Municipal Councils (of whom half are elected) were also established to participate in the decision making process. The King of the Kingdom and Prime Minister: The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al-Saud. Crown Prince and the First Deputy Prime Minister: His Royal Highness Prince Sultan bin Abdulaziz Al-Saud. Second Deputy Prime Minister: His Royal Highness Prince Nayef bin Abdulaziz Al-Saud. The Saudi Emblem The emblem of the Kingdom of Saudi Arabia is made up of two crossed Arabian swords; the space above is topped with a palm tree. The two swords symbolize strength and justice, whereas the palm tree symbolizes growth and prosperity. Membership in International Economic and Trade Organizations The Kingdom of Saudi Arabia is a member of trade, economic and international organizations including: 1. Organization of Islamic Conference 2. Arab League 3. Gulf Cooperation Council 4. Islamic Development Bank 5. United Nations 6. World Trade Organization 7. Arab Monetary Fund 8. Arab Investment Guarantee Corporation 9. Greater Arab Free Trade Organization 10. World Bank 11. International Monetary Fund 12. Group of Twenty (G-20) 13. Organization of Petroleum Exporting Countries (OPEC) 14. Organization of Arab Petroleum Exporting Countries (OAPEC) The Kingdom s Regions The Kingdom consists of 13 administrative regions. Each one consists of a number of governorates. The total number of governorates in the Kingdom amounts to 43 class A and 61 class B governorates. Capital: Arriyadh City Main Cities: Makkah: Islam s holiest place. Madinah: Islam s second holiest place. Jeddah: the commercial capital, an important port and the main gateway for pilgrims. Dammam: the capital of the Eastern Province, rich in oil and an important port. Dhahran: the headquarters of Saudi Aramco, the world s largest oil company. Religion: Islam Official Language: Arabic Geographic Features Location: The Kingdom of Saudi Arabia lies in the southernmost part of western Asia. It is bordered by the Red Sea on the west; the Arabian Gulf, the United Arab Emirates and Qatar on the east; Kuwait, Iraq and Jordan on the north and Yemen and Sultanate of Oman on the south. Area: The Kingdom occupies about four-fifths of the Arabian Peninsula, with a total land area of around 2,149,690 km 2. Terrain: There are various types of terrain in the Kingdom resulting from its vast geographical area. In the west is a narrow coastal plain paralleled by a mountainous chain sloping eastwards to the Arabian Gulf. The Empty Quarter and An Nafud Deserts occupy the south-eastern and northern parts of the Kingdom respectively. 16
15 Climate: The climate of the Kingdom varies from region to region, depending on the type of terrain. In general, it is continental, i.e. hot during summer and cold during winter, with a low level of rainfall. However, the climate is moderate in the western and south-western highlands. In the central region, the climate is dry and hot in summer and dry and cold in winter. The coastal areas are generally characterized by high degrees of humidity. Working Hours Government Sector: 7.30 a.m. to 2.30 p.m.(saturday-wednesday) Banking Sector: 9.30 a.m. to 4.30 p.m. (Saturday to Wednesday) Private Sector: Varies, depending on company and location Shops: 10 a.m to 12 p.m and 4 p.m to 10 p.m The Calendar: the Kingdom follows the Islamic Hijri calendar. This is based as a starting date of the day when Prophet Mohammed (peace be upon him) emigrated from Makkah to Madinah, corresponding to the Gregorian year 623. The Hijri year consists of 12 months and is 10 or 11 days shorter than the Gregorian Year. The days of the Hijri month range between 29 and 30 days. - National Day: 23 rd of September Official Time The Kingdom s official local time is three hours ahead of Greenwich Mean Time. Currency The currency unit of the Kingdom is the Saudi Riyal, which is divided into 100 Halalas. Parts of the Riyal are: Paper Currency: 1 Riyal, 5 Riyals, 10 Riyals, 20 Riyals, 50 Riyals, 100 Riyals, 200 Riyals and 500 Riyals. Coin Currency: 1 Riyal, 50 Halalas, 25 Halalas, 10 and 5 Halalas. Custom duty on most imported items is 5%. Foreign Exchange Control There is no restriction on currency transfer in or out the Kingdom. The exchange rate of the Saudi Riyal is SR 3.75 = 1 US Dollar. Measures and Weights The Kingdom adopts the metric system (kilometer, meter, and centimeter) in measures and kilograms and ton in weights. Investment Climate in Arriyadh 2011 Official Holidays Besides the weekends (Thursday and Friday), the following official holidays are customary: - Eid Al-Fitr: from the 25 th of Ramadan to 5 th of Shawal* - Eid Al-Adha: from the 5 th to 15 th of Dhil Hijja* Power Voltage Both 110 and 220 Volts are used. International Telephone Code Area Code (Arriyadh 1, Jeddah 2, and Dammam, Dhahran and Al Khobar 3). Population According to 2010 Population and Housing Survey (1) Total Population (Saudi and Non-Saudi) 27,136,977 Males 15,460,147 Females 11,676,830 Saudi 18,707,576 69% Males 9,527, % Females 9,180, % Non-Saudi 8,429,401 31% Males 5,932, % Females 2,496, % Number of Residences in the Kingdom 4,643,151 residences )*( Holidays in the private sector vary from one firm to another. )1( Central Dept of Statistics and Information: preliminary results of General Census of Population and Housing,
16
17 ARRIYADH CITY: CONTINUOUS DEVELOPMENT AND PROMISING INVESTMENT OPPORTUNITIES
18 The High Commission for the Development of Arriyadh Theme One: Arriyadh City: General Features History of Arriyadh (1) Arriyadh is the plural of the Arabic word rawdah, which means garden or meadow. The city might have taken this name since it was one of the few green areas amid the desert. The City is an expansion of the historic city (Hajr Al Yamamah). It goes back to both tribes Tasm and Judais. They built palaces and forts whose ruins were seen at the beginning of the fourth century. Then, Arabic tribes settled in the area and spread in the valley. The city flourished in the pre-islamic era and turned into a market and center for trading, poetry and literature. With the advent of Islam in the Hijaz and all over the Arabian Peninsula, Al Hajr city in the time of Succession (Khelapha) became a leader for the territory of Al Yamamah. But with the shift of the Islamic Caliphate outside the Arabian Peninsula and the emergence of rich Muslim provinces, less attention and care were given to Al Yamamah s cities and villages which affected its stability, growth and development. With the modern era in the eighteenth century, Arriyadh City emerged upon the stone ruins of Al Hajr City and the surrounding villages and orchards. Arriyadh grew near Addiriyah City, the Saudi state s first capital and the starting point of the Salafi call of Imam Mohamed Bin Abdul Wahhab. Hostilities broke out between the two cities lasting for 28 years during which Arriyadh came under the control of Addiriyah City The influence and power of Addiriyah City extended to most parts of the Arabian Peninsula as far as the frontiers of Iraq and Al Sham. In 1818 Addiriyah was destroyed by forces sent by Ibrahim Pasha, the son of Mohamed Ali Pasha of Egypt. At this time, the Ottoman Empire was afraid of an Arab call to a revolution in Najd. As a result a military conflict occurred between the Ottoman Empire and the Saudi State. The result was Ottoman control over Hijaz. However, the Ottoman Empire s control over Hijaz could not last for long because of the continuing attacks against its troops, and thus it withdrew. Al Saud regained their power in 1825 at the hands of Imam Turki bin Abdullah who made Arriyadh the capital of his state after the destruction of Addiriyah. Imam Turki built the city s mosque, established the Prince s palace and a strong fort. Since that time, Arriyadh remained the capital of the second Saudi State. After a battle led by King Abdulaziz bin Abdurrahman bin Faisal to open Arriyadh it became the capital of the modern Saudi State; with the king initiating the process of unifying and establishing of the Kingdom of Saudi Arabia. The High Commission for the Development of Arriyadh is the party responsible for drawing up the development and strategic long-term plans of the capital. These reflect the future outlook of the city, determine its path and set the mechanisms for execution and follow up by studying all factors related to implementing development plans. Location Arriyadh is strategically located at a major crossroads of the continents of the world in the heart of the Kingdom and the eastern part of the Arabian Peninsula. It lies on Latitude N and Longitude E and is about 600 meters above sea level. Area Until 2011, the developed area in Arriyadh City is 1219 km 2. This area is expected to reach 2500 km 2 in The area allocated for urban development is expected to reach 2395 km 2 in 2014, and 3115 km 2 in 2029, while development protection area, the administrative boundaries, amounts to 5961 km 2. The area allotted for housing represented about 17.8% of the total area of the city, the area allotted for industrial purposes 1.88%, transport services 3.12%, commercial purposes 1.97%, health, government and educational purposes 10.66% and cultural and entertainment purposes 6.48% (2). This expansion beyond its original walls has resulted in Arriyadh City becoming one of the three largest metropolitan areas in the Kingdom, together with Makkah and Jeddah and the conurbation of Dhahran, Dammam and Al Khobar in the Eastern Province (1).The City includes 13 municipalities in addition to Addiriyah governorate that accommodates 209 quarters (2). 20 (1) (2( The High Commission for the Development of Arriyadh: data on land uses for Arriyadh City, 2009.
19 Climate The climate of Arriyadh is marked by extremes of temperature: it is very hot in summer and cold in winter with low humidity throughout the year, particularly in the summer season. The temperature varies greatly between night and day. In summer, the lowest average temperature ranges between o C and the highest o C. Humidity ranges from 10% to 13%. It is cold in winter; the lowest temperature ranges between 8-14 o C while the highest ranges between o C, the humidity ranges between 40% and 49%. Rainfall ranges from 10 cm to 13.1 cm (approximately four inches (3) ). Composition of Population Arriyadh City is one of the world s fastest growing cities, and its population has risen steadily at a rate of 4% during the period (4). In the early 1970s, the population of the City was no more than 100,000, mostly of common heritage and following a pattern of life characterized by unified activities. Today the city accommodates more than 50 different cultures, languages and activities (5). The increase in population is the most prominent feature of the City and is responsible for the growth of other sectors. The most important advantage of this growth is the increase rate has never been less than 8% which is a high rate compared to similar cities. In the 1980s and 1990s that rate doubled to 16%. The other advantage of Arriyadh population growth is characterized by qualitative features in the standard of living of residents (6). According the preliminary results of the general census of population and housing, 2010 (7), the overall population of Arriyadh City reached more than 5.2 million (8) ; 59% males and 41% females. The Saudi population reached more than 3.1 million or 60% of the total, while the non-saudi population reached 2.1 million or 40% (9). Investment Climate in Arriyadh 2011 Population Distribution in Arriyadh City 2010 (10) Saudis Males Females Grand Total Males % Females % 1,645,060 1,506,149 3,151, % 47.8% Non-Saudis 1,460, ,773 2,103, % 30.6% Total 3,105,638 2,148,922 5,254,560 59% 41% Occupied Residences 857,764 (1( The High Commission for the Development of Arriyadh website: (2( Ibid. (3) Ibid. (4( The High Commission for the Development of Arriyadh, population estimates study of Arriyadh city, (5( CDSI, 44 th Statistical Yearbook, SAMA # 45, (6( Ibid. (7( Ministry of Economy and Planning CDSI, preliminary results of the General Census of Population and Housing, (8( The real number is 5,254,560. (9( Arriyadh City Website (10( Ibid. 21
20 The High Commission for the Development of Arriyadh Population Pyramid (1) Young people make up the majority of the population of Arriyadh City. Those under 15 years of age constitute about 34% of the total, as shown below, thus the base of the pyramid is wide due to the growing number of youth. This will lead to an increased labour force in the future and necessitate economic programs and projects in order to increase job opportunities. The Saudi population as a whole is typically younger compared to other countries. The under-15s make up 40% of Saudis and 23% of non-saudis (as shown below) and that is due to recruiting young people for employment. Figure (5): Saudi Population Pyramid Male Female Age Gender There is a significant difference in gender ratios between the Saudi and non-saudi population. According to preliminary results of the general census of population and housing, 2010 Saudi males represent 52% compared to 48% females, whereas non-saudi males represent 69.4% compared to 30.6% females (2). Saudi and non-saudi males represent 59% of the population compared to 41% females. Households Arriyadh Region witnessed a noticeable increase in the number of households. There are two types of households: the nuclear family, consisting of one couple and their children, and the extended family, consisting of married couples and their relatives. The changing pattern of Saudi households shows an increase in numbers of nuclear families 75% in 2004, compared to 67% in The percentage of extended family reached 21% in 2004 (3). The number of households in Arriyadh City reached 774,000 with an average size of 6.2 individuals per family. This average is expected to fall to about 5.7 individuals per family in 2024 (4) and according to statistical expectations the number of households in 2024 will reach 1.1 million (5) Figure (6): Non- Saudi Population Pyramid Age Male Female (1( Arriyadh City Website (2) Ministry of Economy and Planning, CDSI, preliminary results of the General Census of Population and Housing (3) Ibid. (4) The High Commission for the Development of Arriyadh housing reality and future in Arriyadh City, (5) Ibid.
21 Labour Force According to 2009 indicators, the total labour force in Arriyadh City reached 1,722,833. For Saudis the number of labour force aged 15 and above reached about 996,300 made up of 832,000 males and 164,000 females. The number of Saudis in the age range of 15 and above who are unemployed reached 1.5 million made up of one million males and 451,000 females. The number of unemployed in Arriyadh City is distributed between households and partly comprises of those who are in education and others who are retired and financially independent. About 668,000 of the unemployed aged 15 and above are students. Cost of Living The period from 2004 to 2009 witnessed a noticeable increase in the cost of living index in the Kingdom. The annual average increased from in 2006 to 106 in 2007 then in 2008 to reach in Most of the cost of living increases in 2009 were in the following categories: housing and related costs 14.2%, food and beverages 2%, household furniture 8.4%, medical care 7%, education and luxury items 1.3%, clothing and footwear 0.5% and transportation and telecommunications 0.1%. These increases are due to several reasons: the continuous raising of governmental expenditures for the purpose of enhancing economic and social development, increase in oil price, decrease of skilled labour force, price increases of food categories and other commodities in the world markets in addition to the increase of dollar exchange compared to other currencies (1). Investment Climate in Arriyadh 2011 (1) Saudi Arabian Monetary Agency (SAMA), 46 th Annual Report,
22 The High Commission for the Development of Arriyadh Theme Two: Arriyadh City Importance The importance of Arriyadh City is represented in many factors: Arriyadh is the Capital of the Kingdom of Saudi Arabia Arriyadh is the political and administrative capital of the Kingdom. In 1824 it was the second Saudi capital, and then it regained its glory after being restored by King Abdulaziz in Arriyadh is the Headquarter of Central Governmental Agencies Arriyadh is the location of the Royal Court, the Prime Ministry, ministries, most Central Governmental agencies, military headquarters as well as civil agency and telecommunications headquarters. It is also the location of the Saudi News Agency, Saudi Arabian Monetary Agency, King Abdulaziz City for Science and Technology, Capital Market Authority, General Investment Authority, Saudi Commission for Tourism and Antiquities, Customs Department and other major organisations. Arriyadh is the Location of General Managements of Banks and the Major Economic Companies Arriyadh accommodates the headquarters of Saudi Commercial Banks. These include Arriyadh Bank, Al Bilad Bank, Al Inma Bank, Al Rajhi Bank, Saudi Hollandi Bank, Banque Saudi Fransi, SABB, SAMBA Financial Group, Saudi Investment Bank and Arab National Bank. It is also the Saudi Arabian headquarters of Arab and foreign branch banks such as Emirates Bank, Kuwaiti Bank, Muscat Bank, Bahrain National Bank, Deutsche Bank Group and others. Also the administrative headquarters of large companies are located in Arriyadh. These include SABIC telecommunications companies, Tasnee, National Gas and Industrial Co (GASCO), Saudi Advanced Industries Company, the National Co. for Glass Industries, Saudi Chemical Co., Saudi Arabian Mining Company, Saudi Cable Company, Al Marai, Yamamah Cement Company, Arriyadh Development Co and Saudi Real Estate Co. Arriyadh gains economic importance as well as a competitive advantage from being the headquarters of banks and large corporations. Arriyadh is the Largest Population Center in the Arabian Peninsula Arriyadh is the largest population center in the Arabian Peninsula. The population of Arriyadh city has doubled more than ten times during the past three decades (1). It is expected to reach 8.2 million in Arriyadh is the Location of Central Gulf Bank Arriyadh has been selected to be the headquarters of the Joint Central Gulf Bank which will supervise the execution of the monetary policy of the Gulf Union as a kind of Arabian economic assembly. It will also supervise the foreign monetary reserves and methods of their management and set the mechanisms that maintain the financial and monetary stability in Gulf countries. Economically speaking, the existence of such a bank in Arriyadh City gives it a financial importance and shows its competitive merit. Other Matters Related to the Importance of Arriyadh The importance of Arriyadh City is not only limited to the previously mentioned aspects. It is also the location of King Abdullah Financial Center planned as one of the biggest world financial cities. It is also a center for exchanging electronic technology and knowledge, the Kingdom s gate to an intellectual economy with projects such as Riyadh Techno Valley, Riyadh Assembly for Communications and IT, Saudi Organization for Industrial Estates and Technology Zones. 24 (1( The High Commission for the Development of Arriaydh: estimates of population, 2029.
SAUDI FOREIGN POLICY "THE POLICY OF PRINCIPLES"
SAUDI FOREIGN POLICY "THE POLICY OF PRINCIPLES" The Kingdom s Profile Located in the South West of the Asian Continent, the Kingdom of Saudi Arabia stretches more than two million Square Kilometers which
More informationhttp://en.wikipedia.org/wiki/history_of_saudi_arabia (History of Saudi Arabia) http://en.wikipedia.org/wiki/ibn_saud
Abdullah Khalid Country Project Saudi Arabia History: http://en.wikipedia.org/wiki/history_of_saudi_arabia (History of Saudi Arabia) http://en.wikipedia.org/wiki/ibn_saud As a state, Saudi Arabia has only
More informationTURKISH CONTRACTING IN THE INTERNATIONAL MARKET
Brief overview TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Construction plays a crucial role in Turkey s economic development, accounting for 5.9% of GDP and employing some 1.8 million people. When
More informationBahrain-at the heart of the Gulf. Centrally Located and Regionally Connected Business Friendly Environment Economic Advantages Cosmopolitan Lifestyle
Bahrain-at the heart of the Gulf Centrally Located and Regionally Connected Business Friendly Environment Economic Advantages Cosmopolitan Lifestyle Centrally Located An island similar in size to Singapore
More informationSaudi Arabia to spend 4.4 billion dollars on. new health projects over the next two years
Saudi Arabia to spend 4.4 billion dollars on new health projects over the next two years The Kingdom of Saudi Arabia plans to invest around 4.4 billion dollars over the next two years in the infrastructure
More informationInvesting in Sustainable Food Security
Sponsored by 2 5 October 2016 Riyadh International Convention & Exhibition Center Investing in Sustainable Food Security A new era of organic agriculture and modern fish farming Held concurrently with
More informationSaudi Arabia s Economic Cities. Economic Cities Agency SAGIA
Saudi Arabia s Economic Cities Economic Cities Agency SAGIA Economic Cities: Pockets of Competitiveness Provide a comprehensive package to investors Economic City Concept Mega initiative New Concept Integrated
More informationNaif Arab University for Security Sciences (NAUSS): Pursuing excellence in security science education and research
Arab Journal of Forensic Sciences and Forensic Medicine 2014; Volume 1 Issue (0), 5-11 5 Naif Arab University for Security Sciences Arab Journal of Forensic Sciences and Forensic Medicine www.nauss.edu.sa
More informationSaudi Universities on the World Map
Ministry of Higher Education, General Administration for Planning & Statistics, 2011 King Fahd National Library Cataloging in press Saudi Arabia, Ministry of Higher Education Deputyship of the Ministry
More informationKingdom of Saudi Arabia Capital Market Authority. Investing in the Stock Market
Kingdom of Saudi Arabia Capital Market Authority Investing in the Stock Market Background Saudi joint-stock companies started their business in the mid 1930s when the Arab Automobile Company was established
More informationConsulate General of the United States of America Dhahran, Saudi Arabia
Consulate General of the United States of America Dhahran, Saudi Arabia LAWYER S LIST The following lawyers in the Dhahran / Al-Khobar / Dammam area have expressed interest in providing legal services
More informationPress release. Grand Opening of Phase I of the Katoen Natie Khonaini Logistics Terminal Jubail, Kingdom of Saudi Arabia March 17 th, 2014
Press release Grand Opening of Phase I of the Katoen Natie Khonaini Logistics Terminal Jubail, Kingdom of Saudi Arabia March 17 th, 2014 In the presence of HRH Princess Astrid of Belgium and HRH Prince
More informationCompetitive Advantage of Libyan Business Environment
Economics World, ISSN 23287144 May 2014, Vol. 2, No. 5, 325332 D DAVID PUBLISHING Competitive Advantage of Libyan Business Environment Salem Abdulla Azzaytuna University, Tripoli, Libya The economic development
More informationContact Points on Government Procurement as of January 1, 2005
Contact Points on Government Procurement as of January 1, 2005 A. Entities Covered by the Agreement on Government Procurement House of Representatives Accounts Div., General Affairs 03(3581)5111 2323 House
More informationStatement by IDB Governor for Arab Republic of Egypt
Statement by IDB Governor for Arab Republic of Egypt The 39 th Annual Meeting of the IDB Board of Governors Jeddah Kingdom of Saudi Arabia 26-28 Sha baan 1435H (24-26 June 2014) Original Text Arabic Your
More informationPerformance = Ratio of Knowledge
Performance = Ratio of Knowledge Introduction SG Petroleum is a company based in the Eastern Province of the Kingdom of Saudi Arabia and has over 200 years of collective experience. The company is situated
More informationMinistry Deputyship for Planning and Information
Ministry Deputyship for Planning and Information 1 THE SAUDI WOMAN IN HIGHER EDUCATION Kingdom of Saudi Arabia Ministry of Higher Education Ministry Deputyship for Planning and Information General Department
More informationEngineering Education for a Resilient Society: A Case Study of the Kingdom of Saudi Arabia
Engineering Education for a Resilient Society: A Case Study of the Kingdom of Saudi Arabia Mohammed Mujahid Ulla Faiz and Mubarak Saad Al-Mutairi Abstract In this paper, we have compared the achievements
More informationANALYSIS OF LEBANON S FOOD MARKET
ANALYSIS OF LEBANON S FOOD MARKET Table of Contents World Food Market 3 Lebanon s Food Production 8 Lebanon s Food Imports and Exports 11 Evolution of Food Imports 11 Food Imports by Type 12 Food Imports
More informationTrade Facilitation Initiatives in the ESCWA Region
Trade Facilitation Initiatives in the ESCWA Region E/ESCWA/EDGD/2013/Technical Paper.3 13-0143 Trade facilitation at the WTO On 1 August 2004, the Member States of the World Trade Organization (WTO) agreed
More informationWHO PACKAGE OF SIX EVIDENCE-BASED TOBACCO CONTROL MEASURES THAT ARE PROVEN TO REDUCE TOBACCO USE AND SAVE LIVES
About 1.2 billion smokers are currently in the world. Tobacco consumption has led to a 100 million deaths in the last century, and statistics indicate estimated to rise to 1,000 million deaths by the end
More informationThe Arab Society for Forensic Sciences and Forensic Medicine (ASFSFM): Bringing together regional and international expertise
Arab Journal of Forensic Sciences and Forensic Medicine 2014; Volume 1 Issue (0), 17-21 17 Naif Arab University for Security Sciences Arab Journal of Forensic Sciences and Forensic Medicine www.nauss.edu.sa
More informationEyefortransport Middle East Summit - Dubai
Middle East - Connecting the Middle East to the World: Key Success Factors for Logistics Companies by Dr. Mehmet Gumus American University of Outline 1. Logistics costs as % GDP 2. Integrated Logistics
More informationKingdom of Saudi Arabia Capital Market Authority. Mutual Funds
Kingdom of Saudi Arabia Capital Market Authority Mutual Funds Introduction Mutual Funds are investments pools that allow those who don t have the ability to manage their investments directly the opportunity
More informationAgricultural Production and Research in Heilongjiang Province, China. Jiang Enchen. Professor, Department of Agricultural Engineering, Northeast
1 Agricultural Production and Research in Heilongjiang Province, China Jiang Enchen Professor, Department of Agricultural Engineering, Northeast Agricultural University, Harbin, China. Post code: 150030
More informationETIHAD RAIL. Corporate Presentation
ETIHAD RAIL Corporate Presentation The UAE - A Diversifying Economy Etihad Rail is in line with the objective for further diversification of the UAE s economy as set by the National Charter 2021 and the
More informationEconomic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011
Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011 Economic Planning in China Gregory C. Chow This paper provides an up-to-date study of economic planning
More information2007 Saudi Arabia Country Snapshot
2007 Saudi Arabia Country Snapshot Hadrien Pujol, Associate Director Bernard Forster, Director HVS INTERNATIONAL LONDON 7-10 Chandos Street London W1G 9DQ +44 20 7878 7700 +44 20 7878 7799 (Fax) April
More information4. Why Choose Dubai as Investment Location. 5. Reasons For Doing Business in Dubai. 6. Setting up a Business in Dubai
1. Introduction to Fasttrack Business Center 2. About Dubai 3. Dubai Economy 4. Why Choose Dubai as Investment Location 5. Reasons For Doing Business in Dubai 6. Setting up a Business in Dubai 7. Visa
More informationEgypt & Climate Change
Egypt & Climate Change Eng. Ahmed El Gohary Advisor to the Egyptian Minister of Investment OECD - Paris April - 2010 1 Egypt Area : about 1.2 million km 2 Capital : Cairo Total population: about 84.5 millions
More informationHuman Resources Development Fund
Human Resources Development Fund Human resources development constitutes one of the major problems that the Kingdom faces in its efforts to strengthen the process of its economic development, using a series
More informationFully Automated multi-temperature and multi-user 3PL logistics solution
Fully Automated multi-temperature and multi-user 3PL logistics solution Integrated National Logistics (INL) is a leader in total logistics solutions for companies seeking cradle to grave support for their
More informationHow To Understand The Economic Situation In Saint Lucy
INVESTING IN SAINT LUCIA SPECIALIZED INVESTMENT OPPORTUNITIES FOR SMART BUSINESS PRESENTED BY: McHale Andrew CEO INVEST SAINT LUCIA SAINT LUCIA - Country Profile 2 Source: Central Statistics Office ECONOMIC
More informationTOTAL FDI Inflow to KSA (Millions of dollars) FDI by Source :
Actual Inflows & Stocks of Foreign Direct Investments (Millions of dollars) in KSA by Country & Sector FDI Inflows Total Stock ( Millions of dollars ) TOTAL FDI Inflow to KSA (Millions of dollars) 8 8,,,,88
More informationwww.ieche.com.sa 15-18 April 2015 Riyadh International Convention & Exhibition Center
The 6th International Exhibition & Conference on Higher Education 15-18 April 2015 Riyadh International Convention & Exhibition Center www.ieche.com.sa IECHE 2015 Introduction As it embarks on a countrywide
More informationThe Current Status of Higher Education
1 , General Department for Planning & Statistics, 2011 King Fahd National Library Cataloging in- Publication Data Saudi Arabia.. Deputyship for planning and Information The current of higher education
More informationSULTANATE OF OMAN SPECIAL ECONOMIC ZONE AUTHORITY AT DUQM
SULTANATE OF OMAN SPECIAL ECONOMIC ZONE AUTHORITY AT DUQM www.duqm.gov.om 1. INTRODUCTION 2. ACCESSIBILITY TO DUQM 3. SEZAD PREVIOUS MASTERPLAN 4. DUQM URBAN PLANNING 5. SPECIAL ECONOMIC ZONE DISTRICTS
More informationTime for take-off The MEED Insight Renewable Energy Webinar 29 April 2013
Time for take-off The MEED Insight Renewable Energy Webinar 29 April 2013 The agenda The global trends Latest ME renewable forecast Country reviews Morocco Algeria Egypt Saudi Arabia and the GCC The global
More informationFifty years of Australia s trade
Fifty years of Australia s trade Introduction This edition of Australia s Composition of Trade marks the publication s 50th anniversary. In recognition of this milestone, this article analyses changes
More informationGROUNDWATER RESOURCES MANAGEMENT IN SAUDI ARABIA
GROUNDWATER RESOURCES MANAGEMENT IN SAUDI ARABIA Walid A. Abderrahman Professor, Water Resources Management President, Saudi Water Association Special Presentation at Water Conservation Workshop Khober,
More informationOfficial English translation of the investment law. In the Name of God, Most Gracious, Most Merciful. In the Name of the People
Official English translation of the investment law In the Name of God, Most Gracious, Most Merciful In the Name of the People President s Office - Kurdistan Region - Iraq Pursuant to legislation by the
More informationPrivate sector wage and salary workers 2 Government workers 3 Self-employed workers 4. Number Percent Number Percent Number Percent Number Percent
Total 106 100.0 88 100.0 11 100.0 7 100.0 Goods producing 45 42.5 44 50.0 -- -- 1 14.3 Natural resources and mining 13 12.3 13 14.8 -- -- -- -- Agriculture, forestry, fishing and hunting -- -- -- -- --
More informationInsurance Supervision Department. The Saudi Insurance Market Survey Report
Insurance Supervision Department The Saudi Insurance Market Survey Report Table of Contents Introduction...3 Overall Insurance Market Performance Gross Written Premiums Overall.. 5 Insurance Penetration
More informationMulti-Modal Logistics Hub (MMLH) in Yanbu
Multi-Modal Logistics Hub (MMLH) in Yanbu 2nd RCYCI Forum program 5 January 2016 Agenda Multi-Modal Logistics Hub (MMLH) study outcome in 2014 Education and employment requirements in MMLH Current status
More informationIreland and the EU 1973-2003 Economic and Social Change
Ireland and the EU 1973-2003 Economic and Social Change Table 1 Population, 1971-2002 viii Table 2 Population of the provinces ix Table 3 Births, deaths and life expectancy ix Table 4 Numbers in education
More informationAnkara, -May 2014. Mr. Rifat HISARCIKLIOGLU President Union of Chambers and Commodity Exchanges of Turkey. Dear Mr.
Ankara, -May 2014 Mr. Rifat HISARCIKLIOGLU President Union of Chambers and Commodity Exchanges of Turkey Dear Mr. HISARCIKLIOGLU, In the framework of the contacts this Mission is looking forward to establish
More informationE-Payments & Saudi Arabian e-infrastructure
MIS 300 - Fundamentals of E-Commerce 072 E-Payments & Saudi Arabian e-infrastructure Mr. Mustafa Faisal Ahmed mfahmed@kfupm.edu.sa Chapter Outline E-Payments Chapter 11 (selected coverage) Online payments
More informationDallah Healthcare Holding Company Dallah Health
Recommendation Fair Value (SR) Price as of 23 rd of April 2014 (SR) Expected return Company data Tadawul symbol 52- week high (SR) 52-week low(sr) YTD change Average trading volume (thousand shares) Market
More informationgrowing sources of employment in the country. In
SRI LANKA 8,000 7,000 6,000 5,000 Fig. 1: Employment by Major Economic Activity ('000s), 2002-2008 Agriculture, Hunting, Forestry, Mining and Wholesale and Retail Trade Hotels and Restaurants Agriculture,
More informationMouwasat Medical Services Company - Mouwasat
Recommendation Overweight Fair Value (SR) 92.00 Price as of 2 nd of March 2014 (SR) 81.75 Expected return 12.5% Company data Tadawul symbol 4002.SE 52- week high (SR) 94.00 52-week low(sr) 52.25 YTD change
More informationMain trends in industry in 2014 and thoughts on future developments. (April 2015)
Main trends in industry in 2014 and thoughts on future developments (April 2015) Development of the industrial sector in 2014 After two years of recession, industrial production returned to growth in 2014.
More informationKingdom of Saudi Arabia. Ministry of Higher Education. Office of the Deputy Minister for Educational. The National Report
Kingdom of Saudi Arabia Ministry of Higher Education Office of the Deputy Minister for Educational Affairs The National Report June 2009 0 Table of Contents Section One Higher Education in the Kingdom
More informationEx-Post Monitoring Report Trans-Island Highway Construction Project (I) (II) in Papua New Guinea
Ex-Post Monitoring Report Trans-Island Highway Construction Project (I) (II) in Papua New Guinea Evaluator:Atsushi Hashimoto (Maenam Advisory) Field Survey: June 2008 1. Outline of the Project and Japan
More informationInvest Saudi. The #1 FDI recipient in the Middle East & North Africa
Invest Saudi The #1 FDI recipient in the Middle East & North Africa 2 3 Welcome to Saudi Arabia 07 Message from the Governor 09 Why Saudi Arabia 10 What We Look For 13 Saudi Arabia is the largest and fastest
More informationCurriculum Vitae. Professor Dr. Maged Mohamed Fahmy Negm
Curriculum Vitae Professor Dr. Maged Mohamed Fahmy Negm Personal Particulars Name : Maged Mohamed Fahmy Negm Nationality : Egyptian Date of Birth : 25-03-1963 Marital Status : Married Address Telephone
More informationThe impact of the falling yen on U.S. import prices
APRIL 2014 VOLUME 3 / NUMBER 7 GLOBAL ECONOMY The impact of the falling yen on U.S. import prices By David Mead and Sharon Royales In the fall of 2012, Japan set forth economic policies aimed at turning
More informationMultiples Insights on MENA region
Issue 25 05 March 2015 Multiples Insights on MENA region This report is designed to give you a snapshot about the MENA region tackling multiple issues: Economic Outlook Political Events Stock Market Major
More informationA Look at the Contribution and Future of IT in Customer Service for the Tokyo Waterworks
A Look at the Contribution and Future of IT in Customer Service for the Tokyo Waterworks Toshitake Amano Tama Collection System Department,Waterworks Business System Division, Public Utility Services Center
More informationcontents Group Profile Key Personnel Overview Industry Engineering Telecom Services
profile contents Group Profile Key Personnel Overview Industry Engineering Telecom Services group profile Al-Hejailan Group of companies, founded in 1980, has become one of the leading providers of professional
More informationOman s Oil & GAS Industry
Oman s Oil & GAS Industry Presented By: Ali Abdullah Al-Riyami Director General of Oil & Gas Marketing Ministry of Oil & Gas Sultanate of Oman Outline 1. Introduction about the Ministry of Oil & Gas 2.
More informationRESEARCH SAUDI ARABIA RESIDENTIAL MARKET REVIEW 2016
SAUDI ARABIA RESIDENTIAL MARKET REVIEW 216 SAUDI ARABIA RESIDENTIAL MARKET REVIEW 216 KEY FINDINGS The residential market across the main cities of Saudi Arabia (Riyadh, Jeddah and the Eastern Province)
More informationTransition of supply from all industries for consumption and investment (estimate) 1995, ratio compared to the previous year, seasonally adjusted
Trends in supply and final demand (1) Outline of supply for the year 2000 As both private and government consumption increased by 2.1% over the previous year, the overall industry supply intended for consumption
More informationThe MEED view of the GCC construction market Ed James, Head of MEED Insight
The MEED view of the GCC construction market Ed James, Head of MEED Insight A presentation for Arabian World Construction Summit Abu Dhabi, 24 May 21 Copyright 21 Emap Business Communications Ltd All rights
More informationPopulation and Household Census, Kingdom of Saudi Arabia 2010: Facts and Figures
International Journal of Humanities and Social Science Vol. 3 No. 16 [Special Issue August 213] Population and Household Census, Kingdom of Saudi Arabia 21: Facts and Figures Asharaf Abdul Salam Center
More informationSTATE, GOVERNMENT, & LEGISLATIVE INSTITUTIONS
USEFUL CONTACTS NUMBERS GENERAL INFORMATION ON KUWAIT Kuwait Information Office 2600 Virginia Avenue, NW, Suite 404, Washington DC, 20037, USA Tel: (+1) (202) 338 0211 Fax: (+1) (202) 338 0957 Eml: questions@kuwait-info.org
More information1-1. Organizational Chart of Ministry of Labor and Social Affairs 1. Minister. Deputy for Labor Affairs
Annex 1. Disability-related Organizations 1-1. Organizational Chart of Ministry of Labor and Social Affairs 1 Minister General Organization for Social Insurance Technical Education &Vocational Training
More informationDear Global Trade Matters Members,
Dear Global Trade Matters Members, Global Trade Matters Egypt s leading private sector think thank for Economic and Political reform is proud to announce its 2015 Calendar of Events and Special Initiatives.
More informationThe Law of the Saudi Standards, Metrology and Quality Organization
The Law of the Saudi Standards, Metrology and Quality Organization Royal Decree No. M / 10 dated 03/03/1392. With the help of Almighty Allah We Faisal Bin Abdul Aziz Al Saud King of Saudi Arabia After
More information15-18 September 2013 Riyadh International Convention and
The 20 th International Trade Show for Food Products, Processing & Packaging Technologies 15-18 September 2013 Riyadh International Convention and Exhibition Center (RICEC) Held concurrently with: The
More informationQuality of High-Tech E-learning in Saudi Universities
, pp. 319-326 http://dx.doi.org/10.14257/ijunesst.2014.7.6.28 Quality of High-Tech E-learning in Saudi Universities Abdullah Saleh Alshetwi Beihang University, Beijing, 100191 (China) shetwi.a@hotmail.com
More informationToronto Employment Survey 2014
This bulletin summarizes the highlights of the 2014 City of Toronto annual Survey, marking its 32 nd consecutive year. This information resource presents a picture of change in Toronto s economy throughout
More informationThailand focus 2014 Competencies & Growth potentials. Arkhom Termpittayapaisith
Thailand Focus 2014 What s new in Thailand s Economic Development Strategy Thailand focus 2014 Competencies & Growth potentials Arkhom Termpittayapaisith Secretary-General Office of the National Economic
More informationTHE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation
THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation (Main provisions) This country strategy for 2013-2015 has been drawn up as an elaboration of the Development Strategy
More informationOman 20/20 vision 16 Deloitte A Middle East Point of View Fall 2013
20/20 vision 16 Deloitte A Middle East Point of View Fall 2013 Once a middle-income economy heavily dependent on depleting oil resources, the Sultanate of Oman has been actively pursuing a development
More informationWater Security and Desalination in the GCC Countries. Dr. Muhammad F. Al Rashed Executive Director Water Research Center
Water Security and Desalination in the GCC Countries Dr. Muhammad F. Al Rashed Executive Director Water Research Center Contents Sources of Water At the GCC, Water Security, Water Security of the GCC,
More informationThe 2013 Amendment to the 1980 Arab League Investment Agreement
The 2013 Amendment to the 1980 Arab League Investment Agreement A step towards improving the region s attractiveness to investors NOTE: This draft brochure responds to a request of the League of Arab States
More informationMarket Update from Associated Insurance Consultants - UAE
Market Update from Associated Insurance Consultants - UAE New unemployment insurance benefits for employees in the GCC Despite rapid economic growth over the past decade, the unemployment rate of nationals
More informationSubproject plan II: Renovation first school building. - Namu Nigeria -
Subproject plan II: Renovation first school building - Namu Nigeria - May 2011 Board Salek Foundation Table of contents 1 About Nigeria and Namu...3 1.1 About Nigeria...3 1.2 Education in Nigeria...3 1.3
More informationPatient-Nurse Psychosocial and Communication Skills in Military Hospitals in Saudi Arabia
Patient-Nurse Psychosocial and Communication Skills in Military Hospitals in Saudi Arabia Dr. Ameera Mohammed Aldossary Director of Nursing: Saudisation, Practice, Education, and Research King Fahad Specialist
More informationTaoyuan Aerotropolis Infrastructure Project and. Taoyuan International Airport Terminal 3 Project TAIWAN
Taoyuan Aerotropolis Infrastructure Project and Taoyuan International Airport Terminal 3 Project TAIWAN The Taoyuan Aerotropolis Infrastructure Project, seen as a prime driver of Taiwan s future economic
More information- Member, Committee for the Resolution of Securities Disputes, The Capital Market Authority, 2004.
Name: Saud Bin Abdulrahman Al-Shammari Academic Qualifications: - Master: Business Law, University of Nancy II, France, 1988/89. - Bachelor: Administrative Sciences, King Saud University, 1983. Professional
More informationHow To Understand Current Account Balance In Armenia
CURRENT ACCOUNT: THE REGIONAL DEVELOPMENTS AND TRENDS Prepared by Armenuhi Burnazyan and Arevik Aleksanyan In our project we tried to analyze Current Account (CA) balance trends for Armenia, Georgia and
More informationFastest growing occupations
Fastest growing occupations During the period from 2006 to 2011, the number of Education aides grew strongly by 27.4 per cent or 2,025 workers, with growth distributed across Melbourne (Figure 7.39). The
More informationDoing business in Qatar 2013. Information Compilation Report Version 1. Moore Stephens Middle East PRECISE. PROVEN. PERFORMANCE.
Doing business in Qatar 2013 Information Compilation Report Version 1 Moore Stephens Middle East PRECISE. PROVEN. PERFORMANCE. Table of Contents I. Country Overview... 3 II. Economy at glance... 3 III.
More informationPersonal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2016
Personal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2016 Market Intelligence Report Reference code: IS0055MR Published: September 2012 www.timetric.com Timetric John Carpenter
More informationThe Middle East s most compelling hub for global market access
Logistics 1 The Middle East s most compelling hub for global market access A proven gateway for the free flow of goods: Bahrain offers the best physical access to Middle East markets such as the Kingdom
More informationAssessment of Traffic Safety and Awareness among Youth in Al-Ahsa Region, Saudi Arabia
Journal of Emerging Trends in Engineering and Applied Sciences (JETEAS) 2 (2): 210-215 Scholarlink Research Institute Journals, 2011 (ISSN: 2141-7016) jeteas.scholarlinkresearch.org Journal of Emerging
More informationAL ABDULKARIM HOLDING
AL ABDULKARIM HOLDING Industrial Systems Group Naizak Global Engineering Systems East West Trading International Saudi Arabia / Dubai / Bahrain / Qatar / Kuwait / Jordan / India / Kazakhstan Group Profile
More informationTABLE OF CONTENTS. INTRODUCTION...1 Purpose of a Comprehensive Plan...1 McKenzie County Comprehensive Plan...1 Definitions...2 Goal...2 Vision...
MCKENZIE COUNTY COMPREHENSIVE PLAN TABLE OF CONTENTS INTRODUCTION...1 Purpose of a Comprehensive Plan...1 McKenzie County Comprehensive Plan...1 Definitions...2 Goal....2 Vision...3 ECONOMIC DEVELOPMENT...4
More informationCASABLANCA FINANCE CITY THE PAN-AFRICAN ECONOMIC AND FINANCIAL HUB
CASABLANCA FINANCE CITY THE PAN-AFRICAN ECONOMIC AND FINANCIAL HUB The creation of the Casablanca Finance City financial centre by the Kingdom of Morocco will encourage Africa s financial integration
More informationHealthcare in the Kingdom of Saudi Arabia
Healthcare in the Kingdom of Saudi Arabia Eng. Faris Albugami, MBA Programs Manager Planning & Training Assistant Deputyship Saudi Ministry of Health HISTORICAL FACTS Hospitals Hospital Beds Primary
More informationTOP TEN Reasons to Invest in Portugal
TOP TEN Reasons to Invest in Portugal October 2012 Reasons to Invest in Portugal Qualified, Motivated, Flexible and innovation-oriented Human Resources High Quality of Logistics, road, airport and seaport
More informationParliamentary Resolution
Parliamentary Resolution on a Strategic Regional Plan for the years 2014 2017 The Parliament of Iceland approves a resolution to instruct the Government to implement a Strategic Regional Plan for the years
More informationState of Israel. Regulating the Status of Bedouin Settlement in the Negev
[Emblem] StateofIsrael RegulatingtheStatusofBedouinSettlementintheNegev SummaryoftheProcessofConsultationwiththePublic RegardingtheDraftLawfortheRegulationof BedouinSettlementintheNegevandRecommendationsRelatingtoPolicyand
More informationClimatology and Monitoring of Dust and Sand Storms in the Arabian Peninsula
Climatology and Monitoring of Dust and Sand Storms in the Arabian Peninsula Mansour Almazroui Center of Excellence for Climate Change Research (CECCR) King Abdulaziz University, Jeddah, Saudi Arabia E-mail:
More informationState of Qatar. Ministry of Environment. Intended Nationally Determined Contributions (INDCs) Report. November 19 th, 2015
State of Qatar Ministry of Environment Intended Nationally Determined Contributions (INDCs) Report November 19 th, 2015 State of Qatar is pleased to submit its Intended Nationally Determined Contributions
More informationFestivals and Major Events Canada / Festival et Événements Majeurs Canada Response to the Finance Committee s Pre- Budget Questionnaire
Festivals and Major Events Canada / Festival et Événements Majeurs Canada Response to the Finance Committee s Pre- Budget Questionnaire 1. Economic Recovery and Growth Given the current climate of federal
More informationCompiling the Gross Domestic Product: The Myanmar Experience
Compiling the Gross Domestic Product: The Myanmar Experience by Ministry of National Planning and Economic Development The views expressed in this document are of the author(s) and do not necessarily reflect
More informationCompany Profile. ISRA FREIGHT & LOGISTICS, basically handling Air, Ocean & Land import & export shipments to & from various worldwide destinations
Company Profile 'ISRA FREIGHT & LOGISTICS, Established in 2011, An international freight forwarding, transportation, warehousing, logistics services chain and custom clearance. We help importers and exporters
More informationCity Survey MONTREAL CANADA September 2014 Survey
Quality of Living City Survey MONTREAL CANADA September 2014 Survey Prepared and published by Mercer LLC. Reproduction and transmission in any form without prior permission is prohibited. 2015 The information
More information