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Saudi Arabia Facility Management Market Competition, Forecast & Opportunities 2015-2025

Press release content from Business Wire. The AP news staff was not involved in its creation. Saudi Arabia Facility Management Market Competition, Forecast & Opportunities 2015-2025 - ResearchAndMarkets.com February 17, 2021 GMT DUBLIN (BUSINESS WIRE) Feb 17, 2021 ADVERTISEMENT The Saudi Arabian Facility Management Market was valued USD 24.15 Billion in 2019 and is forecast to grow at 7.64% CAGR during the forecast period, to reach USD 31.48 Billion by 2025. Saudi Arabia is the largest market for facility management services in the Gulf Cooperation Council (GCC) region. The market for facility management in Saudi Arabia grew at a healthy pace during 2015-2019 due to increasing investments in the country’s construction sector.

Metamorphosis of the Middle East into a digital economy - International Accounting Bulletin

Metamorphosis of the Middle East into a digital economy Verdict Staff February 3, 2021 (Last Updated February 3rd, 2021 12:14) Share Article The process of adopting digital technologies and platforms is neither linear nor straightforward. The journey to digital enablement involves a paradigm shift in processes, workflows and even mindsets, supported by an evolving economic framework, explain James Mathew, CEO and managing partner, and Dr Anuraag Guglaani, partner – strategy, transformation, technology and cybersecurity at UHY James Chartered Accountants, an exclusive member firm of UHY International, UAE Five of the top 10 companies in the world, in terms of market capitalisation, are digital. Back in 1995, the market capitalisation of the top 15 public internet companies was $16.7bn, by May 2016 their valuation had increased by 125 times to $2.1trn!

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