In 2025, Saudi Arabia’s economy is forecast to grow by 3.7%, led by a strong 4.4% expansion in the non-oil sector and a 2.6% increase in oil GDP. The non-oil economy continues to show broad-based strength acros
Saudi ArabiaAutomotive Sales Data & Recent Highlights As you can see, the Saudi Arabian car sales market has been recovering in recent years. The market has been growing at an average annual growth rate of 6.8%. There are a number of factors that have contributed to the recovery of the Sau...
Oracle Saudi Arabia Applications Customer Experience Oracle Sales guides sellers with intelligent recommendations to help them focus on the most valuable prospects at the right time. These machine learning-basedCRMselling tools center around clean, complete customer data from internal and external sources ...
TSLA’s expansion into Saudi Arabia comes as the company grapples with various challenges. In 2023, it recorded its first-ever annual sales decline as a public company, posting a 1% drop. The company is also facing mounting competition in China, the world’s largest auto market. BYD, a le...
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Large import demand: Saudi Arabia is currently the largest importer of automobiles and their parts in the Middle East, and its auto parts market relies on imports, providing huge business opportunities for international exhibitors to meet the local market's demand for diversified and high-quality au...
Saudi Arabia www.invertekdrives.com/contact/ae Tel:+971 6 557 33 64 Fax:+971 6 557 33 65 Email:ravindran@gitek.ae Commercial Contacts: Ravindran P +971 588649610 ravindran@gitek.ae Technical Contacts: Soju Sonny Mathew techsales@gitek.ae ...
Research companies play a crucial role in providing accurate market data and market overview, ensuring that the industry size and industry sales are well-documented.Overall, the Saudi Arabia used car market is poised for sustained growth, backed by robust industry research and market analysis. The ...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is discussing with Human Horizon to invest at least US$250 million, as part of efforts for the kindom to build a domestic auto industry Bloomberg reported in November. PIF could buy into Human Horizons at a US$3 ...
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