Abstracts » Economics

Joint ventures in the Kingdom

Article Abstract:

The Kingdom of Saudi Arabia offers many advantages to foreign companies interested in setting up joint ventures. Such ventures would foster diversification and open the way to a larger portion of the Kingdom's markets. Exporters would gain access to the surrounding countries. Moreover, the Foreign Capital Investment Law exempts joint ventures that are 75% foreign-controlled from income and company taxes. The US is the Kingdom's primary joint venture partner, while 96% of foreign investment in joint ventures involves the chemical, building materials and minerals industries.

International aspects, Joint ventures

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Defining market strategies for the Saudi consumer

Article Abstract:

Saudi Arabia's consumers form a well-defined but changing market as they become more sophisticated, and marketing to them will undergo substantial changes in the future. There are five trends that are expected to affect the market through the 1990s: more local goods, more self-service business, the change from extended to cellular family structures, increasing numbers of expatriates and changes in the native populations, both social and economic. Catering to these consumers will require a greater reliance on modern marketing techniques.

Analysis, Marketing, Consumer behavior

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Saudi economic outlook for 1996: overall performance and trends, budget analysis, oil market outlook, sectors with good growth prospects

Article Abstract:

Saudi Arabia's gross domestic product (GDP) is likely to grow slightly in 1996. The Sixth Development Plan (1996-2000) is trying to increase non-oil income and gradually erase the budget deficit. The public sector is not likely to grow much in 1996, while contractionary economic policy and weak domestic demand will affect the private sector. Growth will come in industries making goods for export and in expansionary projects in mining and telecommunications.

Petroleum industry

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