Download or read book Economic Viability of the Saudi Arabian Petrochemical Industry written by Ahmed Mohammed Al-Salem and published by . This book was released on 1987 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysing the Impact of the World Trade Organisation WTO on the Sustainability of Competitiveness of the Petrochemical Industry in Saudi Arabia written by Abdulaziz M. Aljarallah and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Saudi Arabia undertook measures to liberalize its economy in order to be a part of the WTO, which were carried out in a gradual manner long before the country was accepted as a member of the organization. The reform measures are still being implemented and the economy opening up to foreign investors. The WTO accession has enhanced the optimism of the investors towards the benefits that are expected to be achieved from this membership. The stock market has already responded to these changes through a positive signal and a higher level of foreign direct investment (FDI) is expected in the coming years. This flow of investment will provide an opportunity for diversification of the oil rich economy of Saudi Arabia. Saudi Arabia has been gradually growing into a centre for production of petrochemicals in the world. Owing to the competitive and none fluctuating price of natural gas, investments in olefins and derivatives have increased, which also bring high returns. The aim of this research, hence, is to analyse the impact of Saudi Arabia?s accession to the WTO on the petrochemical industry, and to analyse whether the competitiveness of the industry is sustainable under these new circumstances. In doing so, this study also analysis the strengths, weaknesses, opportunities and threats of the industry with the objective of identifying the competitive advantage of Saudi Arabian petrochemical industry by utilizing Porter?s model. The study also provides a discussion on the possible steps that the government might take towards establishing an economy conducive to foreign investment, competition for the growth of the petrochemicals industry. In responding to the aims and objectives of the study, both the qualitative and quantitative approaches were used. The qualitative analysis includes an analysis of expert opinions collected through elite interviews using semi-structured questionnaires. All these are structured to obtain the opinions of 20 participants regarding the trends and developments of the petrochemical industry and the related policies undertaken by the government. The quantitative analysis includes collecting secondary data for exports and imports of products of the industry along with relevant secondary data analysis of some of the leading petrochemical companies. The results of the analyses at various levels demonstrate that the petrochemicals industry has the potential to contribute to the gross output, diversification of the economy and the sources of earnings, and hence reducing the dependency on oil as the only source of income. In addition, the analysis shows that the industry has potential for the creation of jobs, new openings for investments in businesses, opening up the domestic markets towards certain new products and at the same time bringing down the reliance on imports. Furthermore, the qualitative analysis shows that government has already taken steps towards promotion and encouragement of FDI inflow in the industry but several other measures related to infrastructure and security factors need to be adopted. The nation already enjoys competitive advantages and benefits of location advantages apart from the cost advantage in oil extraction and petrochemicals production. Accession of Saudi Arabia to the WTO as a member country has opened the economy to the outside competition and the petrochemical industry was supposed to be getting the gains from trade and open economy. The global investors have demonstrated their optimism about investment in Saudi Arabia. The existing opportunities in the petrochemical sector will receive a boost apart from diversification of the oil-based economy. The country is gradually becoming a booming centre of petrochemical industry and the growth is exponential. Technological barriers are gradually broken and the industry is moving towards sustainable development. Owing to the competitive pricing of the natural gas sector and cheap availability of feedstock have made it a lucrative place for investment in petrochemical production. However, it will take some more years to realize the full benefit of the accession to the WTO as complementary sectors are also being developed. The membership has however opened the strengths as well as the weaknesses of Saudi?s petrochemical industry to the entire world. Thus, the membership brings on greater transparency, enabling easier and faster assessment and remedies.
Download or read book The Future of Saudi Arabian Oil Production written by United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on International Economic Policy and published by . This book was released on 1979 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Saudi Arabian Economy written by Mohamed A Ramady and published by Springer Science & Business Media. This book was released on 2005-12-05 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this unique text, Mohamed Ramady develops a framework for studying fundamental challenges to the modern Saudi Arabian economy. Public and private sector topics include: - The hydrocarbon and minerals sector, including a new model of mining privatization and cooperation - The impact of small and medium sized businesses - The evolving role of "family" businesses - The growing role of women in the Saudi economy - Shifting trade patterns - The Saudi "offset" technology transfer program The author offers an analysis of key challenges facing the Saudi economy, including the potential costs and benefits of privatization, globalization, and eventual membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future. Mohamed Ramady teaches in the Department of Finance and Economics, King Fahd University of Petroleum and Minerals.
Download or read book Economic Diversification and Development in Saudi Arabia written by Rashid Masood and published by . This book was released on 1989 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Saudi Arabia Rush to Development RLE Economy of Middle East written by Ragaei el Mallakh and published by Routledge. This book was released on 2015-05-15 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: Saudi Arabia is one of the most controversial and least known of the Arab nations. A land of massive contrasts – between its densely populated cities and its vast expanses of desert; between the recent poverty of its villages and the massive wealth created by oil, which is drawing a labour force from most of the neighbouring countries; between the aggressive technocratic and industrial thrust forward and the strongly traditionalist Islamic basis of the ruling ideologies – it has progressed to world prominence in a matter of years after centuries of little or no change. The change is not so much a surge, or even a thrust, as a rush into the industrialized and wealthy world. This book analyzes the problems and achievements of Saudi development and provides the first detailed critique of the Third Development Plan. First published in 1982.
Download or read book The Political Economy of Saudi Arabia written by Tim Niblock and published by Routledge. This book was released on 2007-11-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a highly reputable author, this book provides a much needed, broad ranging survey of the development of the Saudi economy from the 1960s to the present day.
Download or read book Economic Development in Saudi Arabia written by Ahmed Al Rajhi and published by Routledge. This book was released on 2012-10-12 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The changing political situation in the Middle East poses challenges for the economies of the region, and some see none more vulnerable to collapse than Saudi Arabia's. Yet as this study demonstrates, the fundamentals of the Kingdom's economy are relatively robust, as over three quarters of GDP is accounted for by the non-oil sector, and impressive modern industries have been established, notably in petrochemicals. The financial system functions well, and despite substantial government debts, there is low inflation and currency stability. The private sector increasingly drives the economy, although job creation has been insufficient to prevent rising youth unemployment. The development challenges Saudi Arabia faces are similar to those of other middle-income countries, and three decades of diversification have made the economy less unique than it was in the oil boom years of the 1970s.
Download or read book Economic Development in Saudi Arabia written by Robert E. Looney and published by . This book was released on 1990 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Saudi Arabia s Economy written by Hossein Askari and published by JAI Press(NY). This book was released on 1990 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Guide to the Saudi Arabian Economy written by John R. Presley and published by . This book was released on 1989 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the changes that have taken place in the various sectors of the economy and the factors that currently influence economic development and policy in Saudi Arabia. The effects of the changes in oil revenues on the economy and the Kingdom's development strategy are discussed.
Download or read book The Saudi Arabian Economy written by Mohamed A. Ramady and published by Springer Science & Business Media. This book was released on 2010-09-05 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Saudi Arabian economy has changed almost beyond recognition since the oil boom days of the 1980s, and the Kingdom itself has changed too economically, socially, and demographically. In the second edition of The Saudi Arabian Economy, Mohamed Ramady uses several overlapping themes to establish and develop a framework for studying the fundamental challenges to the Saudi economy. Particular attention is paid to the benefits of short-term planning and long-term diversification intended to shield the economy from potentially de-stabilizing oil price fluctuations and the pace and diversity of domestic reforms. The author examines the core strengths and evolution of various financial institutions and the Saudi stock market in the face of globalization, before analyzing the private sector in detail. Topics discussed include: • The hydrocarbon and minerals sector, including the emergence of the competitive petrochemical sector • The impact of small and medium sized businesses and the evolving role of “family” businesses • The growing role of women in the Saudi economy • The role of privatization and FDI as engines of change and the position of public-private-partnerships • The establishment of a foundation for a knowledge-based economy Finally, the author offers an analysis of the key challenges facing the Saudi economy, paying particular attention to the potential costs and benefits of globalization, and membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council, as well as Saudi Arabia’s evolving strategic economic relations with China and other countries are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future.
Download or read book Twilight in the Desert written by Matthew R. Simmons and published by Wiley + ORM. This book was released on 2011-01-04 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabias troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. Its a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.
Download or read book A Guide to the Saudi Arabian Economy written by John R. Presley and published by New York : St. Martin's Press. This book was released on 1984 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: General study of economic and social development in Saudi Arabia, featuring business information - covers structural changes and performance in the petroleum industry and other industrial sectors; includes industrialization policy and problems, trade, development aid, education, health, social services, the law, historical and geographical aspects, etc. Graphs, maps, statistical tables.
Download or read book The Saudi Arabian Economy written by Ali D. Johany and published by Baltimore : Johns Hopkins University Press. This book was released on 1986 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Saudi Arabia Rush to Development written by Ragaei El Mallakh and published by Taylor & Francis. This book was released on 1982 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Saudi Aramco 2030 written by Mohamed A. Ramady and published by Springer. This book was released on 2017-10-30 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
