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Author(s):  
S. Yu. Babenkova

The Qatar National Vision 2030 program is based on two principles — modernization and preservation of traditions. Blockade of the country in 2017–2020 and the coronavirus pandemic became a serious test for the economy of Qatar, but the government and residents of the country do not consider themselves defeated by these circumstances, but on the contrary, these circumstances helped the country’s economy to survive the above crises. In 2019, the International Monetary Fund said that Qatar’s economy was resilient in the face of the blockade and shocks caused, including by the fall in hydrocarbon prices in 2014–2016. The events of the global economic crisis caused by the pandemic have posed another challenge to the financial and banking system of Qatar. Thanks to the measures of the country’s government aimed at ensuring business continuity, maintaining liquidity and providing support to the sectors of the economy affected by the pandemic, it was possible to mitigate the impact of this shock, support cash flows, and achieve financial and banking stability in the country. However, according to fund analysts, COVID–19 and a sharp drop in hydrocarbon revenues will lead to a reduction in real GDP growth by 2% in 2020. At the same time, future profits from hosting the FIFA World Cup in 2022, continued expansion of capacities in production of liquefied gas and competent fiscal and monetary policy will contribute to economic growth in the country in the medium term.


2022 ◽  
Vol 14 (2) ◽  
pp. 23
Author(s):  
Soleman Alsabban ◽  
Bander Alghamdi ◽  
Saud Altamimi

The headline inflation in Saudi Arabia is subject to dramatic changes caused by new policies as the economy is undergoing structural changes since 2016. These changes could mislead policymakers as the underlying inflation may differ from the headline one. Since the announcement of Saudi Vision 2030 in April 2016, the Saudi economy entered a new era where the government has started to reform the economy to reduce its dependence on oil. As a result, many initiatives have been implemented with different impacts on the headline inflation such as imposing new taxes and expat levies and reforming energy prices. This research aims to calculate the core inflation in Saudi Arabia using two different methods: Trimmed Mean, and Median CPI. These two different methods were assessed based on their ability to track trends in the headline inflation over time as measured by the root mean square error and it ability to predict the future headline inflation.


2022 ◽  
Vol 12 (1) ◽  
pp. 316
Author(s):  
Noha A. Alessa ◽  
Hebah S. Shalhoob ◽  
Haya A. Almugarry

This paper aims to examine women’s economic empowerment in Saudi Arabia by assessing the current status, the challenges and future recommendations in accordance with Saudi Vision 2030. The research employed a questionnaire survey method and the sample consisted of 903 women working in the public, private or freelance sectors in different regions of Saudi Arabia. SPSS software program was used to analyse the data. The findings of the research demonstrate that the participants provided positive feedback regarding women’s economic empowerment which is in accordance with the Saudi Vision 2030 initiatives dedicated to women. The paper recommends enhancing awareness of the importance of women’s economic empowerment, enhancing gender equality in wages, and implementing awareness programmes encouraging women to contribute to Saudi Arabia’s economic development. The paper has implications for policymakers, company owners and researchers who are seeking to empower Saudi women and enhance their participation in the development of the national economy.   Received: 2 September 2021 / Accepted: 30 October 2021 / Published: 3 January 2022


The concept-knowledge theory or C-K design theory explains that creativity is the conceptualization of design that is independent of any other design domain. It explains innovation, creation, and discovery within the framework of design processes. Creativity is an integral part of engineering design. The QFD methodology is applied to construct the “engineering design and creativity course” at the faculty of engineering as per the various stakeholders of curriculum design. The suggested methodology satisfies accreditation requirements as a part of continuous improvement of curriculum. The QFD course design methodology integrates the learning outcome with the assessment methodologies, learning processes and knowledge elements well. The course is a strategic fit with the vision 2030 and curriculum. The course development methodology as suggested minimize learning deficiencies. It is measured by course mapping with learning outcome.


2022 ◽  
pp. 19-38
Author(s):  
Astha Ibrahim Bhanot

The purpose of the study is to understand the phenomenon of using artificial intelligence (AI) in human resources, especially in the gulf countries. This research effort provides a future perspective of using AI to better understand HR practitioners' attitudes and perspectives within multiple frameworks and the implications that technological advancements, in particular AI, have for the recruitment process. The study reveals that gulf countries will implement a vision (2030 vision) that will have a great opportunity to keep up with the digital transformation. It aims to investigate where AI can be implemented in the traditional recruitment process and possibly make the process more effective, as well as about what the implications would be of having AI within recruitment which leads to change in the composition of the workforce within organizations. It is urged that modern AI applications are an essential approach for organizations that work in an inconsistent environments.


Economies ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 202
Author(s):  
Sami Alabdulwahab

Saudi Arabia is one of the world’s major producers of oil. The Saudi Government has launched its vision for the coming decade: Saudi Vision 2030 (also known as 2030 Vision). Saudi Vision 2030 aims to diversify economic income and be independent of oil revenue. The focus of Saudi Vision 2030 is increasing the role of the non-oil GDP in the economy. In this study, I tried to examine the link between oil and non-oil GDP in Saudi Arabia. I used autoregressive distributed lag (ARDL) cointegration, the most common tool used to examine linkages among variables. My ARDL results confirm the long-term cointegration between non-oil GDP and oil rent, thus implying that oil rent-seeking strategies still exist in Saudi Arabia. The short-term dynamics confirmed the impact of oil rent over the non-oil GDP. The ARDL results led to analyses of asymmetric effects. The NARDL model estimated and confirmed the symmetric effect of the oil rent on non-oil GDP. These results demonstrate the challenges in diversifying Saudi Arabia’s income.


2021 ◽  
Author(s):  
Khalid Al-Abdulwahed ◽  
Nouf Al-Ashwan

Abstract The development of any country lies in all members of society in a country, the old generation to the younger and new ones. After launching the vision of 2030 pillars, the circle of women barriers becomes wider and unlimited in the field of employment. In order to merge women in the oil and gas industry, the first milestone must be considered is creating opportunities in the labour market alongside educating and training them to acquire great learning and hone skills that qualify the women to be in the industrial workforce. It will widely contribute to the socio-economic change in a country. The female has individual skills and capabilities that the companies’ needs to achieve its business objectives. The institutes which are fundamentally structured; can open another facility which is targeted the female vocational and technical training based on the same assets (strategies & policies). Another way to do so is through collaboration with international vocational institutions, local female universities and colleges. These days there is no doubt that the oil and gas companies are critically needed for the local talents and diversity of its range. As an example, SPSP has planned to inaugurate a new female vocational & technical center, in the meantime will offer a major source of job opportunities for well trained and qualified young Saudi women that how we encourage and retain more Saudi female to the petroleum energy sector. The training programs will include Health & Safety, and Electrical Diploma. There is a lack of trained and qualified Saudi female technical workforce at the industry sector. To solve this problem, the education and the labour sectors must work simultaneously to empower the female in this field. Many companies need to retool the female candidates from functional roles such as HR or Finance to target them into practice hands-on roles. To sum up, as Vision 2030 of rewarding opportunities to the women stated, ‘’ we are directing significant investment toward unlocking their talents and supporting their contribution to the Kingdom’s economic growth.’’ Business leaders should call for an action to increase female’s opportunity at the energy sector side by side the government’s efforts in the female vocational training programs.


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