25/10/2016
When is the kingdom will transform to vehicle
manufacturing instead of importing a
question by the economy, the magazine issued by Asharqia Chamber in the latest edition, pointing that this question may seem to
some an unreachale dream in light of intense global competition among the
leading companies in this field, but it has become a crucial question, as the
kingdom possess the appropriate economic
environment, and it is willing to attract investments, according to vision
2030, and to avoid the expensive bill handled by the Saudi economy annually, by
importing cars, without entering the field of automobile production, and
without entering into any process of production operations, as the statistics by the Saudi Monetary Agency "SAMA" and the customs Department indicate that the Kingdom imports of different car brands
reached by the end of last year 2015 approximately 782.8 thousand cars worth
about 53.59 billion riyals, compared with 714.8 thousand new imported cars in
2014 valuing 48.18 billion riyals.
The "economy" in a
report about the cars industry that many of the international brands are racing
to win the largest portion of the local market cake in the current year 2016
amid expectations that the sports car will be a strong competent for the rest
of the cars accepted by the young men of the Kingdom, especially the younger
generation.
Under the title " who will fill the gap of he
social work between the charities and the private sector?" Economy
"reported in its edition for the month of October that despite the spread of
the voluntary work associations in all regions of the Kingdom in recent years,
and despite the growing number of charities and associations of a humanitarian
feature, the way that reflects the nature of the Saudi society and its known historical
orientation towards the kindness and goodness and solidarity between the people
of the community, and despite the growing phenomenon of the partnership between
these associations and the private sector, which established many of the
institutions sections and departments as " social responsibility",
but that the views about the partnership that shows the existence of a wide gap
between the two, the charities and the private sector, regarding activating the
social work, which stresses the need for the role of the government, that may fill
this gap.
The "economy" discussed in its real estate
development companies Under the title
" affiliation, the real
estate development companies difficult option " and wondered if these
companies can face the crisis of falling oil prices internationally? And to
what extent these companies can withstand infront of the refletions of the
crisis on the local market? What about its expenses? methods and mechanisms,
the big question mark, in the face of the two options of the international real
estate companies in the recent period. Whether to choose between reducing expenses
voluntarily or to be forced to merge with other companies, the economic conglomerates to be able to cope with the crisis? These are
the two main options internationally, especially since much of the labor
sector, the real estate companies find it very difficult to maintain its market
portion, and now finds it difficult to fulfill its financial obligations, and
what awaits the shareholders of profits during the third quarter of this year, and at the end of this year results?
