Posted by: Thomas George | March 17, 2015
One of the biggest changes in the history of the Kingdom of Saudi Arabia (KSA) is under way. Within the next 5 to 6 years, these changes will result in improving every aspect of life, creating a better understanding of the vast nation and bridging popular perception gaps.
Posted by: Thomas George | January 20, 2014
In the past few years, the Saudi Arabian government faced with burgeoning population growth on one hand and rapid economic development on the other, has channeled billions of dollars towards development of the nation’s infrastructure, most of which will be spent on upgrading the kingdom’s transport and utilities networks.
Posted by: Thomas George | January 06, 2014
Wary of the ripple effects of the Arab Spring, governments of many countries in the region have started implementing people-friendly policies. The Saudi government too has intensified social spend and is working on improving its citizen services. The government had launched initiatives like the e-government program ‘Yesser’, way back in 2005, with the aim of reshaping government administration and enhancing service delivery to citizens. In a survey of e-government initiatives conducted by the UN, Saudi Arabia ranked 105 among 173 nations. Fast forward to 2012, the country jumps to 41st place, this time among 190 countries.
Posted by: Thomas George | November 29, 2013
Saudi Arabia has a strong financial system, with 24 institutions being licensed to carry out banking services as of August 2013, according to Saudi Arabian Monetary Agency. Twelve of these were classified as Saudi institutions, with the rest designated as branches of foreign banks.