The Business Year Saudi Arabia 2022 23

The Business Year conducted more than 200 face-to-face interviews with leading investors, business leaders, and government representatives from all key sectors driving the country’s economic growth for this 336-page publication. In partnership with the Federation of the Saudi Chambers, we have created a comprehensive analysis of the trends defining the economy of the Kingdom, focusing on its resilience and the efforts of the government to build a new image and position the country as a leading player both at a regional and international level.

We conducted more than 200 face-to-face interviews with Saudi Arabia’s business leaders and government representatives in preparation for this special 10th anniversary edition of The Business Year in Saudi Arabia. In partnership with the Federation of Saudi Chambers, we have compiled a comprehensive analysis of the burgeoning trends defining the economy of Saudi Arabia, with a strong focus on Vision 2030, the Gulf nation’s transformative blueprint for economic diversification. This over 300-page publication features interviews from every major sector of the economy, as well as a range of articles and analysis.

The Business Year has charted the course of the Omani economy for a decade, and this year we focused on the Sultanate’s diversification plan and its sustainability agenda. While the country is less hydrocarbons rich than its GCC neighbors, infrastructure and renewable energy development, as well as green hydrogen, could be driving forces for growth in the years to come. Both the public and private sectors closely follow the tenets of Vision 2040, a wide-ranging blueprint for growth the kind of which has become ubiquitous across the region. The Business Year: Oman 2023 features interviews, articles, and analysis over 185 pages.

Founded in 1975, Commercial Bank of Qatar is the second-largest conventional bank in the country. In 2021, the net profit of the bank amounted to QAR2.3 billion, up 77.1% compared to 2020. This special report includes seven exclusive interviews with representatives from the bank's key personnel, focusing on the main features, such as digitalization, that have made CBQ one of the most dynamic financial institutions in the Qatari market. Additionally, given Qatar's imminent hosting of the FIFA World Cup 2022, the words of the featured banking professionals address what Qatar's future could be like in its aftermath, which will be marked by the development of the North Field Expansion project, expected to take Qatar's LNG production capacity from 77 million tons per an-num (MTPA) to 126 MTPA, as well as by the realization of Qatar National Vision 2030.

The Business Year: Oman 2024, produced in partnership with the Ministry of Commerce, Industry and Investment Promotion, is a key guidebook to the dynamic and rapidly evolving business landscape of Oman. As the nation continues to navigate its Vision 2040 objectives, recent developments have underscored its commitment to economic diversification and sustainable growth. From transformative infrastructure projects to the burgeoning tech sector, Oman is embracing innovation while honoring its rich heritage. This issue delves into the strategic initiatives driving these changes, offering a comprehensive overview of the country's economic trajectory. In this edition, we bring you exclusive insights from the minds shaping Oman's future. Our interviews with top business leaders provide a nuanced understanding of the challenges and opportunities within various industries. These conversations reveal the strategic thinking and forward-looking policies propelling Oman towards a prosperous and resilient economy. Through detailed analysis and expert perspectives, we aim to provide our readers with a thorough understanding of Oman's business environment, highlighting the key trends and developments that are setting the stage for the next phase of growth.

2020 will forever be remembered as the year that the COVID-19 pandemic mercilessly hit the world, leaving a trail of loss both human and economic. Qatar has managed to limit its economic decline to a reasonable 2.5%, emerging as the top performer in the GCC. The IMF also expects the economy to expand 2.7% in 2021. Resilience and diversification have been buzzwords in Qatar for some time, yet never have they taken on so much meaning. This 184-page publication aims to provide a platform for the country's decision makers at a time of global uncertainty and act as a guide for investors looking seriously at the Gulf economy. It covers sports, finance, energy, industry, transport, ICT and media, construction and real estate, food security, health and education, tourism, and retail.

This publication is the result of months of on-the-ground research at a time of unprecedented upheaval. Not only was Saudi Arabia already in the midst of an economic revolution aimed at diversifying away from oil and gas, but COVID-19 also upended the very way business is conducted, putting to the test many of the digitalization initiatives carried out in recent years. The pandemic thus served as a validation of many of Saudi Arabia's internal reforms. It also created massive opportunities for some of the nation's up-and-coming businesses. In this 246-page publication, we show how technology completely changed the Kingdom during the pandemic. Things will never be the same. It covers finance, payments and fintech, IT and digitalization, industry, water and energy, aviation and defense, transport and logistics, construction and real estate, agriculture, health, education, and tourism.

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