Urban development in Saudi Arabia: Challenges and opportunities

1997 ◽  
Vol 21 (1) ◽  
pp. 130-134
Author(s):  
Max Craglia
Author(s):  
Faisal Abubotain ◽  
Petros Chamakiotis

With the constant development in FinTech globally, Saudi Arabia is a late arrival in the FinTech world. However, the FinTech growth pace in Saudi is fast and not slowing down. This fast pace is confusing stakeholders, including bankers. This chapter unpacks how FinTech is developing in Saudi Arabia, considers the challenges and opportunities that FinTech may be facing in Saudi, and discusses how these changes may affect current bankers and how future bankers can be ready to enter the new market. The study draws on interviews with professionals in the banking and FinTech industries and makes two contributions: It suggests that FinTech is affecting retail and long-tail clients of banks (i.e., the effect on core banking operations, such as corporate banking and treasury). Findings also highlight that professionals should upgrade their knowledge around matters necessary to retain their jobs in the sector. The study has implications for future bankers (i.e., university students), suggesting that university curricula should be updated to include relevant knowledge and professional placements.


2020 ◽  
Vol 28 (11) ◽  
pp. 1431-1434
Author(s):  
Mansour Almetwazi ◽  
Nourh Alzoman ◽  
Shaza Al-Massarani ◽  
Aws Alshamsan

Sensors ◽  
2019 ◽  
Vol 19 (5) ◽  
pp. 1024 ◽  
Author(s):  
Ashraf Abdelkarim ◽  
Ahmed Gaber ◽  
Ahmed Youssef ◽  
Biswajeet Pradhan

This study deals with the use of remote sensing (RS), geographic information systems (GISs), hydrologic modeling (water modeling system, WMS), and hydraulic modeling (Hydrologic Engineering Center River Analysis System, HEC-RAS) to evaluate the impact of flash flood hazards on the sustainable urban development of Tabuk City, Kingdom of Saudi Arabia (KSA). Determining the impact of flood hazards on the urban area and developing alternatives for protection and prevention measures were the main aims of this work. Tabuk City is exposed to frequent flash flooding due to its location along the outlets of five major wadis. These wadis frequently carry flash floods, seriously impacting the urban areas of the city. WMS and HEC-HMS models and RS data were used to determine the paths and morphological characteristics of the wadis, the hydrographic flow of different drainage basins, flow rates and volumes, and the expansion of agricultural and urban areas from 1998 to 2018. Finally, hydraulic modeling of the HEC-RAS program was applied to delineate the urban areas that could be inundated with floodwater. Ultimately, the most suitable remedial measures are proposed to protect the future sustainable urban development of Tabuk City from flood hazards. This approach is rarely used in the KSA. We propose a novel method that could help decision-makers and planners in determining inundated flood zones before planning future urban and agricultural development in the KSA.


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