{"id":34851,"date":"2022-03-09T21:42:45","date_gmt":"2022-03-09T21:42:45","guid":{"rendered":"https:\/\/staging.theenergyyear.com\/?post_type=product&#038;p=34851"},"modified":"2023-12-21T18:09:57","modified_gmt":"2023-12-21T18:09:57","slug":"the-oil-gas-year-saudi-arabia-2020","status":"publish","type":"product","link":"https:\/\/staging.theenergyyear.com\/product\/the-oil-gas-year-saudi-arabia-2020\/","title":{"rendered":"The Oil &#038; Gas Year Saudi Arabia 2020"},"content":{"rendered":"<p><em>\u201cThe investment climate in Saudi Arabia has become increasingly conducive for local and foreign investors.\u201d<\/em><\/p>\n<p><strong>Abdulhakim H. Al Khalid, Chairman, Asharqia Chamber of Commerce<\/strong><\/p>\n<p>The Oil &amp; Gas Year Saudi Arabia 2020 charts the transformation of a key oil producer as it pursues wide-reaching plans to diversify the economy away from oil and develop new and varied economic activities. These include increasing non-oil government revenue from USD 43.5 billion to USD 266.6 billion and growing the private sector\u2019s contribution to GDP from 40% to 65%, among other reforms.<\/p>\n<p><em>\u201cThe kingdom has seen a tremendous transformation over the last three to four years. We are seeing a positive impact of this transformation on our business.\u201d<\/em><\/p>\n<p>Tareq Al Nuaim, president and CEO, Luberef<\/p>\n<p>As part of its Vision 2030, the government has been establishing partnerships and channelling local and foreign investment into a flurry of domestic projects, from digitisation and automation programmes to research centres, manufacturing hubs and smart cities.<\/p>\n<p>This fifth edition of The Oil &amp; Gas Year Saudi Arabia series provides insight to investors and companies looking at strategic opportunities in the country, at a time when Saudi Arabia is experiencing a transformation to a more diverse and technology-driven hydrocarbons industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe investment climate in Saudi Arabia has become increasingly conducive for local and foreign investors.\u201d Abdulhakim H. Al Khalid, Chairman, Asharqia Chamber of Commerce The Oil &amp; Gas Year Saudi Arabia 2020 charts the transformation of a key oil producer as it pursues wide-reaching plans to diversify the economy away from oil and develop new &hellip; <a href=\"https:\/\/staging.theenergyyear.com\/product\/the-oil-gas-year-saudi-arabia-2020\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The Oil &#038; Gas Year Saudi Arabia 2020<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"featured_media":34733,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_cat":[672],"product_tag":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/product\/34851"}],"collection":[{"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/comments?post=34851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/media\/34733"}],"wp:attachment":[{"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/media?parent=34851"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/product_cat?post=34851"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/staging.theenergyyear.com\/wp-json\/wp\/v2\/product_tag?post=34851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}