World economy continued to expand during the past few years in middle east countries, oil exporting countries made use of high oil revenues to achieve robust economic growth.
The Saudi economy improvement in oil prices. As with recent years, spending plans prioritize qualitative improvements to social and physical infrastructure. Emphasis is also placed on capital programs that would generate employment opportunities and help the country enter a sustainable phase.
Attentive to the needs of the kingdom, the focus of the country is on education and healthcare. Billions of Saudi Riyals are being allocated to water, sewerage, desalination projects, industrial cities of JUBAIL and YANBU, as well as other industrial, transportation, telecommunications, and municipality services.
Opportunities are expected to arise as a result of the railway program that would reflect into the industrial sector, real estate, construction, etc.
We at Tanami look forward to a peaceful and prosperous year with the continuous support of all concerned.
Ayedh bin Farhan Algahtani (Chairman)