by Ehsan Bayat | Apr 3, 2023 | Middle East
Saudi Arabia’s Vision 2030 agenda features the following three themes: A Vibrant Society, A Thriving Economy, and An Ambitious Nation. Among other core goals, the Kingdom is leveraging its investment power to alleviate its economic reliance on oil and gas and...
by Ehsan Bayat | Mar 20, 2023 | Telecommunication
Although there have been challenges in the widespread rollout of 5G cellular technology services worldwide, global 5G connections exceeded 800 million in second quarter of 2022, marking a 112 percent increase from the same time in the year prior. Global connections...
by Ehsan Bayat | Mar 13, 2023 | UAE
The construction sector in the United Arab Emirates (UAE) has rebounded considerably since the COVID-19 pandemic. Due in large part to the UAE Vision Programmes, the recovery of oil prices, and the UAE 2022 federal budget, the sector is expected to exceed $133 billion...
by Ehsan Bayat | Mar 2, 2023 | Architecture
Surrounded by the Gulf of Oman, Persian Gulf, and Caspian Sea, Iran is a Middle Eastern country with an estimated population of 86.8 million, up from 65.6 million in 2000. In recent years the country has constructed impressive buildings with modern architectural...
by Ehsan Bayat | Feb 16, 2023 | Uncategorized
While oil and gas have long fueled the economies of many Middle Eastern countries, there’s been a seismic shift to diversify national economies due in large part to climate change. As of 2022, Middle East countries generated approximately 12 gigatons of combined...
by Ehsan Bayat | Feb 2, 2023 | Communication, Telecommunication
The Middle East telecommunications sector is a booming industry. Nine companies have a combined market value of $106.9 billion and $147.8 billion in assets. Saudi Telecom is the most valuable business, and in 2020 it led all other telecoms in sales ($14.5...
by Ehsan Bayat | Jan 11, 2023 | Construction
The Middle East is a burgeoning hub for construction activity. Seven countries in the region have awarded at least $1.6 billion worth of construction contracts during the first half of 2022. Saudi Arabia and the United Arab Emirates (UAE) in particular are developing...
by Ehsan Bayat | Dec 22, 2022 | Uncategorized
Since the economic setback of the COVID-19 pandemic, many nations in the Middle East, including Qatar, have looked to real estate as a primary economic driver. As the host of the FIFA World Cup 2022, Qatar hopes to use the opportunity to attract new investments that...
by Ehsan Bayat | Dec 22, 2022 | Uncategorized
Under the guidance of Crown Prince Mohammed bin Salman, Saudi Arabia has undergone major transformational changes in recent years, both culturally and physically. In 2018 the country opened its first cinema in more than 35 years to show a screening of Black Panther....
by Ehsan Bayat | Dec 14, 2022 | Saudi Arabia
The Middle East is home to some of the most beautiful and intricately designed buildings in the world. Qatar, in preparation for the 2022 FIFA World Cup, has designed seven new world-class stadiums and completed hundreds of billions of dollars’ worth of infrastructure...