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Sector Analysis
MEED Insights: Saudi Arabia 2018 – New opportunities in the Middle East’s biggest market
The launch of the $500bn Neom future city project in late 2017 marked the start of a new phase of development for the giant Saudi Arabian economy – presenting numerous investment and business opportunities across all sectors. There has never been a better time to engage with Saudi Arabia. With confidence returning to the global energy markets, oil prices are rising once again and momentum is building behind the kingdom’s Vision 2030 economic transformation programme. Written by MEED, the Middle...
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Sector Analysis
MEED Insights: GCC Construction Outlook 2018 – A powerful and authoritative assessment of the prospects for construction projects in the region
The GCC construction industry is at an important turning point. With the outlook for oil prices improving, governments are restarting much-needed infrastructure projects. They are also seeking to build momentum on their economic programmes by pushing ahead with flagship megaprojects. With $1.2tn of roads, buildings and infrastructure projects planned across the GCC at the start of 2018, the region offers abundant opportunities for construction contractors, engineers, project managers and manufacturers. As a result, construction companies can look forward to a...
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Sector Analysis
MEED Insights: Middle East and North Africa (MENA) Projects Market Outlook 2019
The Middle East and North Africa (MENA) region is home to some of the most exciting projects markets in the world, offering abundant opportunities as governments seek to develop infrastructure to meet the needs of rapidly expanding populations, and to deliver economic diversification. Since 2008, some $2.3tn of contracts have been awarded across the region, an average of about $216bn of awards a year, with the GCC accounting for almost two thirds of this. And with an estimated $1.8tn of...
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Sector Analysis
MEED Insights: Saudi Arabia 2019 – Trends, opportunities and challenges in the Middle East’s biggest market
"Saudi Arabia 2019", comprehensive report provides a detailed assessment of the outlook, opportunities and challenges in all of the major business areas in the Kingdom with unique expert analysis of how the market is changing and the impact of these market changes. In a nutshell, this report will enable your success in the Middle East’s biggest market. Written by MEED, the Middle East market experts within the GlobalData Group, the report features dedicated sections on Vision 2030 and the National...
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Sector Analysis
Saudi Arabia 2020 – Long Term Opportunities in the Middle East’s Biggest Market – MEED Insights
Saudi vision disrupted by Covid-19 but goals remain the same On 26 March 2020, King Salman bin Abdulaziz al-Saud chaired an emergency summit of G20 leaders to address the devastation being caused by the coronavirus (Covid-19) pandemic. The crisis meeting came three weeks after Riyadh upset the global economic order when it said that it was increasing oil production to record levels following the collapse of the agreement between the Opec+ group of oil producers to cap oil output to...
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Sector Analysis
GCC Construction Outlook 2020 – Opportunities and Challenges in GCC Construction – MEED Insights
With about $1tn of construction and transport projects planned or under construction, there is no shortage of potential opportunities in the GCC’s construction market. And with a further $1.2bn of developments promised through long-term transformational masterplans and megaprojects, such as Saudi Arabia’s $500bn Neom future city, the potential of the GCC construction market is not likely to disappear anytime soon. But while there are abundant opportunities for construction companies in the GCC, there is no shortage of challenges. Over the...