King Abdulaziz Library has commissioned the Dubai-based Madar Research Group and Riyadh-headquartered Markeight to carry out and publish a major study about the development of a knowledge-based economy in Saudi Arabia. The significance of the study is that it will be the first comprehensive research-based project to profile the kingdom in terms of its readiness for a knowledge economy, while offering in-depth analysis and growth forecasts, and bringing into light points of strength and critical spots whose interplay will decide the future of the kingdom’s economy.
The study, titled “Saudi Arabia Knowledge Economy 2006”, will be updated and published on annual basis for the next four years and will receive full support by the King Abdulaziz Library, including facilitating data gathering to ensure its success.
The study, which will be published in September 2006, combines secondary research data with new primary information on the current and future development and usage of information and communication technologies (ICTs) within the kingdom’s government, business and social communities. The 200-plus-page research study will be a reference and a guidebook for government planners and business strategists, as well as a timely source for emerging opportunities for businesses.
“Despite a plethora of literature published on Saudi Arabia, there has not been in-depth research that appreciates the forces that will shape its economy in coming years. While it may be common knowledge that Saudi Arabia is home to the largest oil producing company in the world, it is also home to several of the top 500 global corporations, especially in the areas of banking and heavy industries. The kingdom also has one of the largest religious tourism markets in the world and is home to the Arab world’s most advanced specialized medical services. As the kingdom increases its ICT adoption and economic liberalization such strong points will lead the digital transformation,” says Abdul Kader Kamli, president and research director of Madar Research Group.
Saudi Arabia Knowledge Economy 2006 will be published in English and Arabic. It will have a circulation of 100,000 copies distributed regionally and globally. The research book will contain 17 sections covering major and select industries such as oil and gas, banking, heavy industries, health, hospitality, education, FMCG, government and information and communication technology.
More details about the study will be provided by Madar Research officials at GITEX Riyadh.
