Saudi Arabia
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Rescooped by Josh Macho from InfoBlazeME
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First figures reveal economic impact of Saudi jobs blitz

First figures reveal economic impact of Saudi jobs blitz | Saudi Arabia | Scoop.it
Saudi Arabia’s economy has been hit by the sudden loss of 1m expats but analysts say it won’t last long

Via InfoBlaze
Josh Macho's insight:

Job sectors such as: construction, retail, and transport have been hit extremely hard by the recent crackdown of nearly a million illegal immigrants. Inflation has decreased from 3.5 to 2.9 percent in the last year because of the recent losses in workers.

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Rescooped by Josh Macho from School Leavers
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Saudi Arabia needs private sector growth to stem youth unemployment, business leaders say

Saudi Arabia needs private sector growth to stem youth unemployment, business leaders say | Saudi Arabia | Scoop.it
Saudi Arabia, the largest Arab economy, urgently needs to create new jobs in the coming years for the millions of young people expected to enter the kingdom's workforce, Saudi business leaders and the International Monetary Fund said Tuesday.

Via Dale Willis
Josh Macho's insight:

With unemployment at an all  time high at 12.1%, Saudi Arabia is desperate  to create new jobs for an ever expanding workforce. The Saudi government has implemented actions such as demanding 50% of a company's workforce are Saudi's. 

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Rescooped by Josh Macho from Terrorists
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Record Oil Outputs in Saudi Arabia Fail to Ease Shortage Anxiety - OilPrice.com

Record Oil Outputs in Saudi Arabia Fail to Ease Shortage Anxiety - OilPrice.com | Saudi Arabia | Scoop.it
Record Oil Outputs in Saudi Arabia Fail to Ease Shortage Anxiety
OilPrice.com
Saudi Arabia, along with OPEC neighbors Kuwait and the United Arab Emirates, exported a record high of crude oil this August.

Via Jack Hansen
Josh Macho's insight:

 Saudi Arabia has reached new heights when it comes to oil output, but with the current demands  of foreign oil, Saudi Arabia has fears of falling behind. Domestic consumption of oil has reached nearly 3 million barrels per day and is growing at a rate of 7 percent per year. In order to meet projected domestic and global demand by 2020, Saudi Arabia will have to pump between 12.5 and 15 million barrels per day. This might be achievable with billions of dollars in infrastructure investment.

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Rescooped by Josh Macho from Culture Curator
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Meet Saudi Arabia's first female lawyer

Meet Saudi Arabia's first female lawyer | Saudi Arabia | Scoop.it
Arwa Al-Hujaili has become Saudi Arabia's first female lawyer.

Via SIN JONES
Josh Macho's insight:

Arwa Al-Hujaili will become the first lawyer in Saudi Arabian history. Hujaili, 25, is making great strides for Saudi women. Not only is this a social change, but a economic change because women have been held back in Saudi Arabian society, so this change could lead to economic expansion by women for Saudi Arabia.

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Rescooped by Josh Macho from Education and Training, Industry engagement
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The Emergence Of Mobile Learning For Higher Education In Kingdom Of Saudi Arabia | The Upside Learning Blog

The Emergence Of Mobile Learning For Higher Education In Kingdom Of Saudi Arabia | The Upside Learning Blog | Saudi Arabia | Scoop.it

Mobile Learning in Saudi Arabia is rapidly growing.


Via DennisOwen1
Josh Macho's insight:

This article outlines the increasing amount of Saudi Arabians accessing mobile learning to pursue higher education. Mobile subscriber rates have increased by almost 175% in the last 5 years. The increase in education numbers as well as quality has helped Saudi Arabia grow to new levels.

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Rescooped by Josh Macho from Chemical & Petrochemical Industry News
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Saudi’s Ma’aden to start bauxite production in mid 2014

Saudi’s Ma’aden to start bauxite production in mid 2014 | Saudi Arabia | Scoop.it
DUBAI (ICIS)--Saudi Arabian Mining Company (Ma’aden) is likely to start commercial production of bauxite from a new mine located in the northeast of...

Via INDEVCO Plastics
Josh Macho's insight:

Saudi Arabian mining company Ma'aden is unveiling a new bauxite mine, with possibilities of unveiling over 740,000 tons of raw material ready to be shipped and exported. This mine has huge implications for the Saudi Arabian economy.

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Rescooped by Josh Macho from Global Asia Trader
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IMF sees strong outlook for Saudi economy

IMF sees strong outlook for Saudi economy | Saudi Arabia | Scoop.it

Saudi Arabia’s economy, the largest in the Middle East, will continue to perform well in the coming few years but the...


Via Investors Europe Stock Brokers
Josh Macho's insight:

Falling oil prices have had some people worried in the Saudi Arabian government. Since oil is such a large portion of Saudi Arabia's, small oil price fluctuations could have a huge effect of the macro level.

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Rescooped by Josh Macho from Sustainability and Sustainable Development
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Saudi Arabia to invest $109 billion (!) to get 1/3 of its energy from renewables by 2032

Saudi Arabia to invest $109 billion (!) to get 1/3 of its energy from renewables by 2032 | Saudi Arabia | Scoop.it
If there's one thing that Saudi Arabia has in greater quantity than oil, it's sunlight...

Via BLC3
Josh Macho's insight:

Saudi Arabia is planning to have 33% of its energy renewable by the year 2032. In order to accomplish such a feat,  a 109 billion dollar investment will be made in areas such as solar and geothermic energy. Nuclear energy is also an option that the Saudi's are considering.

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BLC3's curator insight, July 24, 2013 10:16 AM
"My point is that I don't have to like everything that's done by Saudi Arabia to recognize when they do something right. Fair is fair, right?" We're with the writer - Saudi Arabia may get many things wrong but should this investment happen, it's great.
Rescooped by Josh Macho from Palestine
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Saudi Arabia reassesses energy subsidies - Al-Monitor: the Pulse of the Middle East

Saudi Arabia reassesses energy subsidies - Al-Monitor: the Pulse of the Middle East | Saudi Arabia | Scoop.it
Saudi Arabia may reform its longstanding energy subsidy policies.

Via Ramy Jabbar رامي
Josh Macho's insight:

The Saudi Arabian government is paying subsidies towards oil and electricity so the price of these goods won't raise. They want to allow everyone to be able to access low cost energy. Some fear that this will strain the energy reserves for future generations to have energy this cheap.

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Rescooped by Josh Macho from iGeneration - 21st Century Education (Pedagogy & Digital Innovation)
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18 Things To Know About Education In Saudi Arabia - Edudemic

18 Things To Know About Education In Saudi Arabia - Edudemic | Saudi Arabia | Scoop.it
We have a ton of Edudemic readers from Saudi Arabia so we thought this would be quite useful: a look at education in Saudi Arabia.

Via Tom D'Amico (@TDOttawa)
Josh Macho's insight:

This graphic provides key information about Saudi Arabia's current economic status. Some of the graphics include education, GDP, unemployment as well as other important social and economic indicators.

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Jesse Pruitt's comment, July 18, 2013 4:24 PM
More background information. Charts and graphs and numbers can tell us just as much about people as an article or primary document. It is important to remember this and to pay attention to all the little details.