Industry in Saudi Arabia

  • City Cement’s Deputy CEO Majed Al-Osailan

    SAUDI ARABIA, 2016/12/11 As Saudi Arabia’s new economic masterplan puts the onus on private sector-led increase, City Cement CEO, Saleh Al-Shabnan, talks about the impact of Vision 2030 on his industry and explains why his firm was ahead of the game in becoming self-sufficient Since the formal unveiling of Vision 2030 in April 2016, Saudi and international companies have been busy appraising the implications of the economic diversification masterplan for their industries. The cement sector is no different.

  • The hospitality sector in the Kingdom of Saudi Arabia

    SAUDI ARABIA, 2012/12/23 The hospitality sector in the Kingdom of Saudi Arabia has witnessed an unprecedented boom over the last several years. Saudi Arabia’s in general economy shows positive increase in GDP until 2016. According to the 2012 Economic Impact Statement Saudi Arabia published by the World Travel & Tourism Council, the total contribution of the travel and tourism sector to the country’s GDP in 2011 was $43 billion, which equals 5.4 %, with a forecasted increase of 3.7 % in 2012 to $44.6 billion.
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