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    GCC Drone Market to Surpass USD 2 Billion by 2033, Driven by Tech Innovation and Industry Demand

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    Oman’s Madayn Draws Over $426 Million in Food Sector Investments

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    Qatar Ramps Up Food Production to Achieve Sustainability Goals

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    Saudi Arabia to Enforce New Food Labeling Rules for Restaurants and Cafés Starting July 1

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    Global Indoor Farming Market to Reach USD 108.6 Billion by 2035, Fueled by Sustainability and Urbanization Trends

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    Oman Embraces Precision Agriculture to Bolster Food Security and Sustainability

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    Africa to Launch Continental Food Safety Agency to Protect Public Health and Boost Trade

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      UAE Economy Poised to Grow 5.1% in 2025 — ICAEW

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      Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

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      UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion

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      Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan

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      World Bank Forecasts 1.2% Economic Growth for Iraq in 2025

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      IMF Praises Oman’s Reform Momentum Amid Economic Growth

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      Oman’s Creative Economy: A Strategic Pillar for Diversification

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        GCC Cement Market Forecasted to Reach 142.8 Million Tons by 2033, Growing at a 4.7% CAGR

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        Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

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        Ashghal to Launch 10 New Drainage Projects in Q4 2025

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        Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

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        Iraq Approves 1.5 Million Housing Units, Aiming for 5 Million by 2030

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          Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

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          Qatar 2025: From Energy Powerhouse to Innovation Leader

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          Iraq Aims for 12 GW of Renewable Energy by 2030

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          Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

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          Iraq and Power China International Sign Deal to Strengthen National Power Grid

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          Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

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          Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

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          Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

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            Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

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            Hamad Medical Corporation Receives Global Recognition with JCI Accreditation

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            Daewoong Pharmaceutical Debuts Nabotah Botulinum Toxin in Qatar

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            HMC Broadens Access to Mental Health Services Across Qatar

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            Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

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            The View Hospital Performs Qatar’s First AI-Designed Lens Implant, Pioneering Personalized Vision Care

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            Ebn Sina Medical and Novo Nordisk Strengthen Partnership to Launch Wegovy in Qatar

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              Oman Unveils 3-Kilometer Tourist Walkway in Nakhal: A Transformative Step for Local Tourism

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              Middle East’s Schengen Style GCC Tourist Visa Approved, to be Rolled Out ‘Soon’

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              Oman’s Hotel Sector Sees Strong Growth in Revenues and International Guests

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              Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

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              Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

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              Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

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              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

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                Printed Packaging Labels & Release Liners Set for Strong Global Growth

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                      Food Tech Market Set to Reach $224.31B by 2032, Powered by Smart Kitchens and Sustainable Innovation

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                      GCC Drone Market to Surpass USD 2 Billion by 2033, Driven by Tech Innovation and Industry Demand

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                      Oman’s Madayn Draws Over $426 Million in Food Sector Investments

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                      Qatar Ramps Up Food Production to Achieve Sustainability Goals

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                      Saudi Arabia to Enforce New Food Labeling Rules for Restaurants and Cafés Starting July 1

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                      Global Indoor Farming Market to Reach USD 108.6 Billion by 2035, Fueled by Sustainability and Urbanization Trends

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                      Oman Embraces Precision Agriculture to Bolster Food Security and Sustainability

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                        UAE Economy Poised to Grow 5.1% in 2025 — ICAEW

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                        Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

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                        UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion

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                        Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan

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                        World Bank Forecasts 1.2% Economic Growth for Iraq in 2025

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                        IMF Praises Oman’s Reform Momentum Amid Economic Growth

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                        Oman’s Creative Economy: A Strategic Pillar for Diversification

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                          GCC Cement Market Forecasted to Reach 142.8 Million Tons by 2033, Growing at a 4.7% CAGR

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                          Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

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                          Ashghal to Launch 10 New Drainage Projects in Q4 2025

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                          Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

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                          Oman Launches Tender for $3 Billion Mountain Resort in Jabal Al-Akhdar

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                          Iraq Approves 1.5 Million Housing Units, Aiming for 5 Million by 2030

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                            Oman Seeks Bids for Two Major Substation Projects

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                            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

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                            Qatar 2025: From Energy Powerhouse to Innovation Leader

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                            Iraq Aims for 12 GW of Renewable Energy by 2030

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                            Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

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                            Iraq and Power China International Sign Deal to Strengthen National Power Grid

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                            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

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                            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

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                            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

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                              The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

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                              Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

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                              Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

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                              Hamad Medical Corporation Receives Global Recognition with JCI Accreditation

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                              Daewoong Pharmaceutical Debuts Nabotah Botulinum Toxin in Qatar

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                              HMC Broadens Access to Mental Health Services Across Qatar

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                              The View Hospital Performs Qatar’s First AI-Designed Lens Implant, Pioneering Personalized Vision Care

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                              Ebn Sina Medical and Novo Nordisk Strengthen Partnership to Launch Wegovy in Qatar

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                                Oman Unveils 3-Kilometer Tourist Walkway in Nakhal: A Transformative Step for Local Tourism

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                                Middle East’s Schengen Style GCC Tourist Visa Approved, to be Rolled Out ‘Soon’

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                                Oman’s Hotel Sector Sees Strong Growth in Revenues and International Guests

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                                Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

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                                Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

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                                Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

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                                  Packaging Becomes Lifeline for Struggling Print Industry

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                                  Printed Packaging Labels & Release Liners Set for Strong Global Growth

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                                      Home Transport & Logistics Infrastructure

                                      Saudi cement and steel demand rise sharply on the back of huge spending in construction

                                      The Saudi Gazette

                                      January 31, 2013
                                      in Infrastructure
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                                      Demand for cement and steel in Saudi Arabia are expected to witness tremendous growth on the back of huge spending in the fast growing real estate and construction industry, separate studies revealed.

                                      The demand for cement is expected to increase 9.4 percent a year to over 80 million tons (73 million tons) by 2017, a new report by market research company CW Group revealed. An increase in large-scale infrastructure projects is seen as being behind the surge in demand.

                                      In a new study, RNCOS forecast that with the huge spending on the construction of real estate and railways in the Kingdom, the steel consumption in is anticipated to grow at an impressive 19.5 percent during 2012-2015.

                                      According to its report "KSA Steel Industry Forecast 2015", Saudi Arabia has become one of the largest steel consumers in the GCC region due to increasing steel demand for infrastructure and construction projects. Rebar is among the most attractive steel products in the Saudi Arabia steel industry and accounts for a bulk of steel consumption due to a large number of construction projects. In addition, the rising rebar demand has made the country a major rebar importer.

                                      The Kingdom's Ninth Development Plan 2010-2014 includes provisions for massive governmental investments, driving construction's share of GDP to an estimated 5.9 percent by the end of 2014.

                                      However, the report cautions "a unique set of coinciding mega-forces have converged to create this benign scenario, which may not be sustainable, from Arab Spring-motivated investments, industrial policy, unique ownership arrangements, energy subsidies, etc."

                                      In a separate report, AlJazira Capital said Saudi Arabia's domestic cement consumption is forecast to increase at a CAGR of 8.0 percent during 2010-15, and reach 60.6 million tons in 2015 amid higher construction activity and positive GDP outlook.

                                      CW Group said in 2005, cement demand in Saudi Arabia was less than 25 million tons (23 million tons). Since then the market has seen double-digit growth, taking it to 53 million tons (48 million tons) in 2012.

                                      "Admittedly, our 2017 demand number is aggressive, but the government's resolution to spend its way to social harmony in the Kingdom is proven and should not be underestimated. We expect more projects to be announced together with expansion of existing projects," CW Group said.

                                      More than 25 million tons (23 million tons) of new cement production capacity has been announced to be commissioned by the end of 2017 with the bulk of the production lines scheduled to come on stream in 2014 and 2015. CW Group said Yamama Cement and Eastern Province Cement have announced the most ambitious projects, each planning to add 3.5 million tons (3.2 million tons) per year.

                                      A surge in cement prices has prompted price caps and the Saudi Ministry of Commerce has reinstated an export ban for both cement and clinker.

                                      CW Group noted that "Saudi Arabia will be the contender in the region and be a very strong competitor for regional export markets if it develops the logistics, marketing and distribution capabilities."
                                      The Saudi Gazette
                                      31 January

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