Summary
The Saudisation drive that started in early 2013 severely impacted grocery retailers. The government, in order to increase the employment of local Saudis, introduced the Nitaqat system, whereby companies needed to employ a certain quota of Saudis. Failing ... Read more

Demand for air conditioners in GCC countries is increasing on account of growing urbanization, rising disposable income, extreme climatic conditions, and increasing number of residential and commercial projects. Government initiatives in Saudi Arabia, Qatar and UAE that ban sales and imports of ... Read more

The outlook for public spending on all but the most important power sector infrastructure is a strong headwind, with the Saudi government undertaking fiscal consolidation as it faces up to lower oil revenues. Delays and cancellations to the most ambitious and costly projects across all areas of ... Read more

Non/low alcohol beer in Saudi Arabia continued to experience growth in 2015, due primarily to the popularity of a wide range of fruit flavours among the young population and a portion of the middle-aged population. According to Islamic Law, alcoholic drinks are prohibited in the Kingdom. ... Read more

The telecommunications market in Saudi Arabia generated US$18.8bn in service revenue in 2016, an increase over 2015. Mobile data will emerge as the largest revenue-contributing segment by 2020. Over the next five years, operators can benefit from the opportunities existing in offering enterprise ... Read more

Saudi Arabia's tourism sector continues to expand. The market will continue to be largely driven by the huge volumes of foreign visitors - mostly from neighboring ... Read more

Within the non-life segment, growth in premiums through the forecast period will continue to be driven by developments in two sub-sectors. There should be higher volumes (if not prices) in the motor vehicle insurance sub-sector, thanks to the expansion in the number of vehicles on Saudi Arabia's ... Read more

The employment rate in the country is growing, and Saudisation is helping more young Saudis to find employment, as the government is active in ensuring that unemployment amongst Saudis falls to 5% by 2020. The growing number of men in the workforce is encouraging more of a focus on personal ... Read more

This report is the result of extensive market research covering the institutional buildings construction industry in Saudi Arabia. It contains detailed historic and forecast market value data for the institutional buildings construction industry, including a breakdown of the data by construction ... Read more