How Saudi Arabia Harnesses e-Commerce For Sustainable Development

According to the United Nations Conference on Trade and Development UNCTAD, e-commerce is a prominent feature of the evolving digital economy. The total value of global e-commerce business-to-business (B2B) and business-to-consumer (B2C) sales amounted to $25.3 trillion in 2015 ($22.4 trillion for B2B, plus $2.9 trillion for B2C). Global B2B sales were estimated on the…

Infrastructure for Development: Sustainable Projects as the Bedrock for National Wellbeing

Jarmo T. Kotilaine Bahrain Economic Development Board High levels of infrastructure investment are not unusual in demographically dynamic emerging markets which inevitably have growing demand for real estate, social infrastructure, and transportation solutions. But infrastructure investment has arguably been even more important in the GCC region where it is an important aspect of the strategically…

King Salman Unveils SAR 86BN Integrated Industrial City Project in Northern Saudi Arabia

King inaugurates first phase of Waad Al-Shamaal Industrial City project in Turaif Province and lays foundation for the projects and facilities of the city’s second phase   The finished project will make the Kingdom the second largest producer of phosphate fertilizers in the world   King has also unveiled SAR 10.5 billion and SAR 10…