by Ehsan Bayat | Nov 21, 2018 | Business, Communication, Construction, Energy, Housing, Infrastructure, Saudi Arabia, Technology, Telecommunication, Transportation
As the Kingdom of Saudi Arabia continues to shift its economic reliance away from crude oil due to a drastic decline in prices, it has placed an emphasis on developing tourism and mega-city projects. Its ambitious Red Sea Project aims to transform 50 untouched islands...
by Ehsan Bayat | Nov 14, 2018 | Architecture, Business, Communication, Construction, Economy, Environment, Infrastructure, Middle East, Saudi Arabia, Technology, Telecommunication, Transportation, Travel
In the past, Saudi Arabia’s tourist industry has primarily been as a religious destination, through the Umrah or Hajj pilgrimages. However, in line with Vision 2030, the kingdom is seeking to diversify its economy beyond fossil fuel production and invest heavily in...
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 31, 2018 | Business, Communication, Construction, Data, Economy, Entertainment, Infrastructure, Middle East, Technology, Telecommunication
The telecom sector in the Middle East is as competitive as ever as operators seek supremacy in product offerings and customer satisfaction, particularly in regard to 5G networks. A number of operators in the region have already launched and tested 5G networks with...
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 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...
