Strategic Gears has made waves in Saudi Arabia, capturing media attention with its latest ‘Economic Outlook’ report. Anas Kamal, the Riyadh-based director, was recently featured on national television, sharing insights with viewers.
Unveiling Saudi Arabia’s Economic Prospects
As part of an in-depth segment on Saudi Arabia’s economic status and future, Al-Ekhbareya, a prominent national TV channel, invited Strategic Gears to provide expert commentary. This esteemed opportunity arose following the release of their ‘Economic Outlook 2024 for KSA’ report, which offers a comprehensive analysis of the Kingdom’s macroeconomic performance through various economic indicators.
The report, a continuation of Strategic Gears’ focus on the Saudi market, reviews the country’s achievements in the first half of 2024. It examines metrics such as GDP, public finances, exports, labor market trends, and business sentiment, while also projecting growth for the rest of the year.
Anas Kamal, the lead author of the report, expressed, “Our appearance on Al-Ekhbareya highlights the importance of our research and its influence on Saudi Arabia’s economic landscape.”
Anas Kamal: Driving Strategic Initiatives
Anas Kamal’s work extends beyond media appearances; he collaborates with ministries and government entities to develop strategies and products. His recent projects include enhancing housing solutions with the Ministry of Municipal and Rural Affairs and Housing, and policy development with the Ministry of Hajj and Umrah and the Local Content and Government Procurement Authority.
Kamal also led initiatives to implement the government procurement and tendering law across over 600 government agencies, focusing on procedural, technical, and legal improvements.
At Strategic Gears, Kamal plays a vital role in thought leadership, co-authoring the ‘Economic Outlook’ report. Presenting the report’s findings on television was an “excellent opportunity to engage in meaningful dialogue with business leaders across the Kingdom on such a crucial topic.”
Saudi Arabia’s Economic Growth on the Rise
Saudi Arabia’s economy is projected to grow at a faster pace this year, driven by the expansion of the non-oil sector, Vision 2030 initiatives, and a burgeoning tourism industry. The Kingdom’s strong credit rating, sustainable public debt, and significant foreign reserves provide a solid foundation to withstand potential economic challenges.
