Saudi Privatization Summit 2016 – “Unlocking the hidden potential of Saudi Arabia, a pathway to achieve Saudi Vision 2030”
Diversifying traditionally-oil based economies and reducing the reliance on oil has become a key issue in the Middle East. “Independence from Oil revenues”, Saudi Arabia’s latest announcements, including a share-sale in the world’s biggest oil company, is fast tracking the process of private sector participation. Private wealth in the Middle East has been estimated at $1.5 trillion. The Kingdom’s economic diversification and transformation is encouraging a progressive political environment, more liberal immigration policy and a robust economy. Radical reforms in the Middle East are in search for more fair economic opportunities. The Saudi Vision 2030, a challenging move, aiming to substitute nationalization with a liberal economic and social approach is presenting a favorable opportunity for companies globally to invest reliable long term capitals in a wide range of sectors like education, healthcare, energy, utilities, culture & tourism, aviation, and hospitality etc. Middle East's investment needs are high and its shortage of foreign capital has created a demanding situation. “Privatization” in Saudi Arabia has reciprocated some intriguing forecasts. SAR 41 Billion Public & Private partnership investments in the Healthcare sector, 11 Airports to be privatized, increasing Umrah performers and visitors to 30 million, reducing unemployment to 7.6% from the present 11%, adding women’s participation in the workforce to 30% from the present 22%, mining sector to opportune more than 90,000 jobs, 295 hospitals to be privatized with value of health services provided exceeding SAR 12 Trillion, 75 star hotels to open in Saudi Arabia by 2020, construction sector has projects worth 442 Billion in pipeline followed by transport with USD 228 Billion and Power with USD 170 Billion. Boosting the country’s economy, creating jobs for the youth populations of Saudi which is supporting the Kingdom’s Nationalization drive, building competitiveness, women empowerment, improve quality of services, building promising economic sectors, fostering transparency and transfer of knowledge & technology into the Kingdom without compromising the sustainable success.
Nispana Innovative Platforms has established the demand to garner champions with competent know-how to host the inaugural “Saudi Privatization Summit” which is aligned to Saudi Arabia’s Vision 2030, by congregating national & international experts and stakeholders from this sector to discuss the opportunities and challenges in privatization. This Summit will be a perfect gateway to reach C-level executives like Chief Investment Officers (CIOs), Chief Executive Officers (CEOs), Chief Financial Officer (CFOs), Chairmen, Managing Directors, Presidents and Vice Presidents, to collaborate and evaluate the development of relevant legislations and issues affecting privatization framework.
Nispana Innovative Platforms Pvt. Ltd., a global provider of the finest business intelligence solutions today provides business leaders around the world with real time competitive B2B platforms. Working towards providing a multi-dimensional business catalyst, focusing on re-education, networking and most importantly deal making opportunities for all attendees is what we strive towards. Complimentary to the product offerings we also are your compliance and accreditation specialists.
Media Contact Details:-
Manager- Marketing and Communications
Nispana Innovative Platforms
#270 , Sivanik , 2nd Floor , 14th Cross ,
Indiranagar 2nd Stage
Bangalore, Karnataka–560 038 , India
+91 80 4933 1000
Email – firstname.lastname@example.org
Website – www.nispana.com/sps
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Saudi Privatization Summit 2016 – “Unlocking the hidden potential of Saudi Arabia, a pathway to achieve Saudi Vision 2030” here
News-ID: 345284 • Views: 1435
More Releases from Nispana
Oman National Cert, NTRA Egypt and Nispana join hands
Global organizations continue to grapple with cybersecurity challenges. With the convergence of Internet-connected things, there will be newer risks and consequences arising out of seamless connectivity around us. Since the launch of ITU- Arab regional cyber security center (ITU- ARCC) in March 2013, it played a major role in raising and enhancing cyber security capabilitiesto be align with main aim of creating a safer & cooperative cybersecurity environment for the
More Releases for Saudi
Saudi Arabia Infrastructure Research Report
The report provides a detailed analysis of the Infrastructure sector in Saudi Arabia, including the state of current infrastructure, the regulatory and financing landscapes, forecast spending across all key sectors and the major projects in the construction pipeline. Request A Free Sample Report- http://www.marketresearchhub.com/enquiry.php?type=S&repid=1311098 The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports. Summary With a young and growing population, together with rapid
Saudi Arabia Pharmaceutical Market Development Analysis
The Saudi Arabia Pharmaceutical market has recorded significant growth over the years driven by various factors like increasing ageing population mostly in the above 60 years bracket, changing demographics and rise in the incidence of lifestyle diseases, increased spending power, result driven government initiatives to promote the growth of indigenous pharmaceutical companies. Inspite of the progress, the pharmaceutical sector in the Saudi Arabia is still in an emerging phase, and
Saudi Arabia Electronic Security Market-6Wresearch
Rising Security Concerns, Surging Security Spending and Large Scale Infrastructure Development to Boost the Demand for Electronic Security Systems in Saudi Arabia – 6Wresearch Infrastructure development in Saudi Arabia is accelerating at a rapid pace on account of government initiatives for economic diversification. However, with infrastructure development, country is also facing serious threats from the rising terrorism in the Middle East region. Electronic security market in the country is expected to
Saudi Arabia Radio LIve
Saudi Arabia Live Radio is created for the sake of our contemporary users to accommodate their demands and expectations. This innovative application is full of comprehensive Radio Stations, which are renewed and extended from time to time by the sophisticated professionals. The following app is absolutely free of charge and provides you with an exclusive opportunity to listen to your favorite music and newsworthy programs, as well as news from
Saudi Arabia Accelerating Efforts in Cyber Security.
Leading up to the 2nd Annual Kingdom Cyber Security Knowledge Sharing Workshop in Riyadh,Fleming Gulf caught up with Bill Leigher- Advanced Solutions Director Intelligence, Information and Services at Raytheon Company, USA to analyze current and future trends in cyber security. With cyber threats becoming more complex and indefinite, businesses have to keep up with innovative cyber security applications. No longer just an IT priority, the awareness regarding cyber securitycontinues to grow,
Saudi Arabia IT Sector Booming
The GCC countries, mainly the UAE, Saudi Arabia, Kuwait, Bahrain, Oman, and Qatar are experiencing rapid economic growth due to their burgeoning regional markets. According to our latest report “Middle East ICT Market Analysis”, Saudi Arabia is one of the largest IT markets in the Middle East region. We anticipate that the IT industry in the Kingdom will grow at a CAGR of around 10% during 2010-2013. Our research shows that