The Kingdom of Saudi Arabia's Position in Global Competitiveness Indexes refers to the classifications of international growth indicators for the Kingdom , which express the development of the Kingdom, its institutions, and its performance in the fields where it competes with countries of the world. The beginning of the Kingdom's progress in the ranking of these indicators was when it jumped in securities regulation to sixteenth place globally in 2011, from twenty-sixth place in 2010 ...
The Bulletin of Culture and Household Entertainment Survey is a periodic field survey conducted by the General Authority for Statistics in the Kingdom of Saudi Arabia . It measures the participation and attendance of individuals and families in cultural and entertainment activities and identifies their types. The survey targets individuals over fifteen years old in the Kingdom and was first launched in 2018. Concept of the Bulletin of Culture and Household Entertainment Survey The Bulletin of C...
The Waste and Water Economic Industrial Survey is an economic survey, part of the economic (industrial) environmental statistics in the Kingdom of Saudi Arabia . It collects environmental statistical data from establishments that utilize waste and aims to reduce the waste of materials, goods, and energy, as well as minimize pollution by maximizing their use. The survey is prepared by the General Authority for Statistics and data is collected via phone calls or an electronic link. Concept of the...
The Tourism Human Capital Development Programs are programs affiliated with the Ministry of Tourism. They include a range of training plans aimed at supporting workers and practitioners in various tourism sub-sectors at all career stages. The programs are designed to certify their knowledge, abilities, and skills according to global standards and classifications, in collaboration with international tourism organizations. Programs for workers in the tourism sector The Ministry of Tourism has l...
Unemployment in the Kingdom of Saudi Arabia is one of the challenges that the Saudi government has made progress in combating through multiple initiatives aimed at job localization and workforce replacement in various sectors. Saudi Arabia began its efforts to address unemployment in 1975 by implementing Saudization. This focus was particularly emphasized in the five-year development plans, as the unemployment rate among Saudis began to rise. With the launch of Saudi Vision 2030 , the country a...
The Saudi Non-Oil Exports are the exports of the Kingdom of Saudi Arabia of non-oil goods. The Saudi Export Development Authority (SEDA) seeks to increase these exports from 16 percent to 50 percent of the gross domestic product (GDP), aligning with Saudi Vision 2030. Growth of Saudi non-oil exports According to the General Authority for Statistics data in the fourth quarter of 2020, Saudi non-oil exports constituted about 21 percent of the GDP. According to the first quarter of 2021 data, they...
Yes, the Kingdom of Saudi Arabia is considered one of the advanced countries due to its high ranking in the annual Human Development Index issued by the United Nations Development Program (UNDP). The Kingdom advanced by five positions in the 2022 Human Development Index, ranking thirty-fifth globally out of 191 countries, compared to the fortieth in the previous edition of the report. The Organization for Economic Cooperation and Development (OECD) report ranked the Saudi economy as the fastest...
The Special Economic Zones (SEZs) in the Kingdom of Saudi Arabia are economic zones with special legislative frameworks and regulations tailored for economic activities to make these zones among the most competitive in the world by attracting high-quality investments, providing opportunities for local economic development, creating jobs, transferring technology, and localizing industries. Administratively, SEZs fall under the jurisdiction of the Economic Cities and Special Zones Authority (ECZA...
The Sports Boulevard Code outlines the regulations for the Sports Boulevard located on Prince Mohammed Bin Salman Bin Abdulaziz Road in Riyadh City and one of its megaprojects . Launched on July 21, 2022, the code provides design guidelines and serves as a reference for commercial real estate owners, developers, and investors. It ensures consistency across the project's eight districts by adopting the Salmani architecture principles, which imitate the past in contemporary designs to create...
Professional Services in the Kingdom of Saudi Arabia are services provided by freelancers to others through companies incorporated by one or more persons licensed to practice one or more professions. This contributes to increasing and improving job opportunities in the professional services sector and helps establish competitive professional companies both locally and internationally. Regulation of professional services in Saudi Arabia The Kingdom has regulated the performance of professional s...
The Kingdom of Saudi Arabia announces the state budget in December. The budget goes through three stages: The 'Preparation Phase' begins at the end of December of the previous fiscal year and continues through January. Starting in February, the budget directions are determined. From mid-March, the budget undergoes initial review and analysis until the end of April. It is then subject to discussion and review from May until the end of August The 'Approval Phase' consists of t...
The Saudi Pavilion at Expo 2020 Dubai served as the main venue for the Kingdom of Saudi Arabia 's participation in 'Expo 2020 Dubai', held in the United Arab Emirates from October 1, 2021, to March 31, 2022. The pavilion encapsulated the Kingdom's ambitions and future visions, alongside its history, heritage, and abundant opportunities. It also showcased stories of beginnings, as well as the journey of development and progress. Platinum certificate for the Saudi Pavilion at ...