by Ehsan Bayat | Nov 7, 2018 | Architecture, Business, Commerce, Communication, Construction, Economy, Energy, Entertainment, Environment, Infrastructure, Middle East, Saudi Arabia, Technology
Saudi Arabia’s Vision 2030 initiative was established by the Council of Economic and Development Affairs under the guidance of Deputy Crown Prince Mohammed bin Salman. As part of this initiative, Saudi Arabia is working toward diversifying its economy and...
by Ehsan Bayat | Oct 17, 2018 | Architecture, Business, Commerce, Communication, Construction, Energy, Environment, Infrastructure, Middle East, Technology, Transportation
Despite being the second-largest oil producer in the world behind the United States, Saudi Arabia is working to reduce its economic reliance on the oil and gas sector. So while oil revenue increased by 2 percent in the first quarter of 2018 from the same period a year...
by Ehsan Bayat | Sep 26, 2018 | Business, Commerce, Construction, Economy, Technology, Yemen
Yemen’s infrastructure has never been in an enviable state, but its essential services and buildings have been particularly ravaged since civil war broke out in 2014. Access to water diminished after explosions in early 2016 severely damaged a water desalination plant...
by Ehsan Bayat | Sep 12, 2018 | Bahrain, Business, Commerce, Construction, Economy, Entertainment, Infrastructure, Middle East, Technology, Telecommunication, Transportation
Bahrain has high aspirations in regard to its tourism sector and is spending billions of dollars in tourism infrastructure to meet its goals. By 2020, the Middle East country anticipates the sector contributing more than $1 billion to its GDP. By that time, it will...
by Ehsan Bayat | Sep 5, 2018 | Architecture, Business, Commerce, Communication, Construction, Economy, Environment, Infrastructure, Kuwait, Middle East, Technology, Transportation
Home to more than 6 percent of the world’s crude oil reserves, Kuwait has built a relatively strong economy based upon oil production and distribution, with petroleum accounting for more than 90 percent of the nation’s export revenues. However, realizing the need to...
by Ehsan Bayat | Aug 22, 2018 | Business, Commerce, Data, Economy, Learning, Telecommunication
On June 20, 2018, MSCI, a leading global equity indices provider, upgraded Saudi Arabia to emerging market status. The investment bank UBS says this decision could attract up to $45 billion in capital to Saudi Arabia. Of this inflow, passive investors would contribute...
