Saudi Aramco 2030

Saudi Aramco 2030
Author: Mohamed A. Ramady
Publisher: Springer
Total Pages: 312
Release: 2017-10-30
Genre: Business & Economics
ISBN: 3319677500

This book discusses the strategic shift in ownership of Aramco, the Saudi Arabian Oil Company, and its potential impact on Aramco's role in a post- privatized world. Scheduled to become an IPO in 2018, Aramco is on the verge of becoming the largest IPO on the market. As the world’s largest oil and gas company, Aramco’s impending privatization has important implications for the world’s petroleum market. This book, therefore, undertakes an analysis of Aramco, examining its history, its current role in Saudi Arabia’s economy, and its future role as an IPO. The chapters highlight the likely outcomes for Aramco in proceeding with its planned IPO and privatization, as well as the various policy options and models available to it by drawing on the privatization of other national oil companies in Norway , Russia, Brazil, and China. The book also explores the complexities that will be involved in transforming Saudi Aramco to a privatized company—albeit with significant government oversight and control—and addresses key questions on the issues likely to be faced, such as IPO pricing, the listing, domain, and market capacity, and potential stakeholders. As such, this book will be of interest to academic researchers studying energy economics, energy policy, and the political economy of the Middle East, as well as private sector decision makers in energy related fields, international organizations, international oil companies, energy commodity traders, and public sector energy policy makers with interest in Saudi Arabia and Aramco’s IPO.

A Labor Market Assessment of Nurses and Physicians in Saudi Arabia

A Labor Market Assessment of Nurses and Physicians in Saudi Arabia
Author: Taghred Alghaith
Publisher: World Bank Publications
Total Pages: 191
Release: 2021-10-06
Genre: Business & Economics
ISBN: 1464817162

Strengthening the health workforce in Saudi Arabia is central to ongoing reform efforts in the country and to the changing business priorities in the health sector and beyond. Saudi Arabia’s Vision 2030 aims to increase the size and performance of the Saudi health workforce to meet changing population needs and to achieve ambitious social and economic targets and goals. This book presents rigorous, empirical, and quantitative evidence to support national-level strategic planning efforts on human resources for health in Saudi Arabia. The book, a collaborative effort between the Saudi Health Council and the World Bank, is a first to anticipate and quantify projected future labor market imbalances of nurses and physicians in Saudi Arabia and to identify solutions to close those gaps. Drawing on the latest principles and modeling techniques in epidemiology and economics, the book forecasts future imbalances between epidemiological need and labor market supply and demand. It culminates in a set of policy recommendations to improve the availability, distribution, and performance of Saudi nurses and physicians. The book is expected to be of interest to health workforce planners and health systems researchers working in Saudi Arabia and beyond.

Research, Innovation and Entrepreneurship in Saudi Arabia

Research, Innovation and Entrepreneurship in Saudi Arabia
Author: Muhammad Khurram Khan
Publisher:
Total Pages: 0
Release: 2019-11-17
Genre: Economic development
ISBN: 9781138488533

Saudi Vision 2030 is a newly introduced 15-year economic plan by the Kingdom of Saudi Arabia to diversify its economy from a heavy dependence on hydrocarbon to knowledge-based resources. This vision was announced on 25th April 2016 with a set of comprehensive goals and guidelines that the Saudi government aims to achieve by 2030. This vision aspires to transform Saudi Arabia into a vibrant society, a thriving economy and an ambitious nation in the World. According to the World Bank, knowledge-based economies are defined by four pillars: institutional structures that provide incentives for entrepreneurship and the diffusion of knowledge, availability of skilled labor force and good education systems, ICT infrastructure, and a vibrant innovation landscape that includes academia, public and private sector, and civil society. One of the key elements of this vision emphasizes on building an education system aligned with market needs and creating economic opportunities for entrepreneurs, small enterprises, and large corporations. This book examines Saudi vision 2030 and discusses how this initiative will assist the government in achieving its envisioned goals, by creating a culture of research, innovation, and entrepreneurship. It studies the current state of play, as well as the new science, technology, research, innovation and entrepreneurship reforms in Saudi Arabia. The author presents a number of real-life case studies, as a model of inspiration for cross-sector development. The book provides a source of inspiration for other developing nations in studying endeavours of a determined and ambitious leadership, in a transitioning journey, from a natural resources-based economy towards a knowledge-based country.

Saudi Arabia

Saudi Arabia
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 38
Release: 2019-09-09
Genre: Business & Economics
ISBN: 1513513494

This Selected Issues paper explores policies to drive diversification for Saudi Arabia. Diversification is needed to create jobs for Saudis and to mitigate the impact of uncertainty in oil markets. Although the business climate should be improved, and remaining infrastructure gaps addressed, reforms need to go beyond these areas. Diversification in Saudi Arabia that creates jobs for nationals could be held back by the effects of relatively high wages and their impact on cost competitiveness. Creative solutions are needed to address the impact of high government wages and employment on competitiveness. Industrial policy could help overcome the incentives that encourage companies to focus on the nontradable sector, but should be handled carefully, keeping lessons from other countries’ experiences in mind. Export orientation and competition are crucial mechanisms to ensure discipline. Strengthening human capital to raise productivity and provide workers with the skills needed in the private sector will be essential to success.

Governance and Domestic Policymaking in Saudi Arabia

Governance and Domestic Policymaking in Saudi Arabia
Author:
Publisher:
Total Pages: 256
Release:
Genre: Electronic books
ISBN: 9780755644414

"Saudi Vision 2030 and the National Transformation Plan 2020 are governmental initiatives to diversify Saudi Arabia's economy and implement nationwide social changes. Media and scholarly attention often describe the success or failure of these ambitious visions. This book shifts the focus to instead examine and evaluate the actual processes of domestic policymaking and governance that are being mapped out to achieve them. The book is unique in its breadth, with case studies from across different sectors including labour markets, defence, health, youth, energy and the environment. Each analyses the challenges that the country's leading institutions face in making, shaping and implementing the tailored policies that are being designed to change the country's future. In doing so, they reveal the factors that either currently facilitate or constrain effective and viable domestic policymaking and governance in the Kingdom. The study offers new and ground-breaking research based on the first-hand experiences of academics, researchers, policy-makers and practitioners who have privileged access to Saudi Arabia. At a time when analysis and reportage on Saudi Arabia usually highlights the 'high politics' of foreign policy, this book sheds light on the 'low politics' to show the extent to which Saudi policy, society, economics and culture is changing"--

Saudi Arabia

Saudi Arabia
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 86
Release: 2019-09-09
Genre: Business & Economics
ISBN: 1513513443

This 2019 Article IV Consultation with Saudi Arabia discusses that reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue. Promoting non-oil growth and creating jobs for Saudi nationals remain key challenges. Non-oil growth is expected to strengthen further this year and over the medium term. Risks to the growth outlook are broadly balanced. The fiscal deficit declined in 2018; however, higher government spending has increased medium-term fiscal vulnerabilities to a decline in oil prices. Fiscal consolidation is needed to reduce these vulnerabilities. The fiscal framework should be further strengthened to help reduce the procyclicality of government spending. Reforms to improve the business environment are proceeding but need to be complemented by efforts to increase the cost competitiveness of Saudi labor. Government support to develop sectors of the economy should crowd in the private sector and be timebound and linked to performance.

Saudi Arabia

Saudi Arabia
Author: Christopher M. Blanchard
Publisher: DIANE Publishing
Total Pages: 55
Release: 2010-11
Genre: History
ISBN: 1437928382

Contents: (1) Recent Developments; (2) Background: Saudi Arabia (SA)-U.S. Relations, 1931-2001; 9/11 and its Aftermath; Recent Assessments; Terrorist Financing; (3) Congress. Interest in SA: U.S. Foreign Assist. to SA and Prohibitions; Counter-terrorism Assist.; BAE Corruption Inquiry; (4) Current Issues in U.S.-SA Relations; Mil. Cooperation: Counterterrorism; Al Qaeda; Combating Extremism; Arab-Israeli Conflict; SA-Palestinian Relations; SA Policy Priorities in Iraq; U.S.-SA Trade; U.S. Oil Imports and SA Policy; SA Boycott of Israel and WTO Membership; Human Rights, Religious Freedom, and Political Reform; Leadership and Succession; Social Reform Debates and Recent Leadership Changes; Human Rights; Religious Freedom.

Vision or Mirage

Vision or Mirage
Author: David Rundell
Publisher: Bloomsbury Publishing
Total Pages: 336
Release: 2020-09-17
Genre: History
ISBN: 1838605940

'Clear-eyed and illuminating.' Henry Kissinger, former Secretary of State and National Security Advisor 'A rich, superbly researched, balanced history of the modern Kingdom of Saudi Arabia.' General David Petraeus, former Commander U.S. Central Command and Director of the Central Intelligence Agency 'Destined to be the best single volume on the Kingdom.' Ambassador Chas Freeman, former U.S. Ambassador to Saudi Arabia and Assistant Secretary of Defense 'Should be prescribed reading for a new generation of political leaders.' Sir Richard Dearlove, former Chief of H.M. Secret Intelligence Service (MI6) and Master of Pembroke College, Cambridge. Something extraordinary is happening in Saudi Arabia. A traditional, tribal society once known for its lack of tolerance is rapidly implementing significant economic and social reforms. An army of foreign consultants is rewriting the social contract, King Salman has cracked down hard on corruption, and his dynamic though inexperienced son, the Crown Prince Mohammad bin Salman, is promoting a more tolerant Islam. But is all this a new vision for Saudi Arabia or merely a mirage likely to dissolve into Iranian-style revolution? David Rundell - one of America's foremost experts on Saudi Arabia - explains how the country has been stable for so long, why it is less so today, and what is most likely to happen in the future. The book is based on the author's close contacts and intimate knowledge of the country where he spent 15 years living and working as a diplomat. Vision or Mirage demystifies one of the most powerful, but least understood, states in the Middle East and is essential reading for anyone interested in the power dynamics and politics of the Arab World.