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Swot Analysis of Saudi Arabia Market Overview: Continuity

Saudi Arabia has a large and growing construction industry worth over $1 trillion, providing job security. However, the long working hours and limited entertainment options pose threats like depression and loss of interest. Qatar's economy relies heavily on oil and gas exports but it is diversifying investment into other industries like petrochemicals. Kuwait also depends on oil, with proven reserves that can sustain current production for 90 days. Its unemployment rate is low at around 2% and per capita GDP is over $26,000.

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0% found this document useful (0 votes)
1K views10 pages

Swot Analysis of Saudi Arabia Market Overview: Continuity

Saudi Arabia has a large and growing construction industry worth over $1 trillion, providing job security. However, the long working hours and limited entertainment options pose threats like depression and loss of interest. Qatar's economy relies heavily on oil and gas exports but it is diversifying investment into other industries like petrochemicals. Kuwait also depends on oil, with proven reserves that can sustain current production for 90 days. Its unemployment rate is low at around 2% and per capita GDP is over $26,000.

Uploaded by

Manish Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Swot Analysis of Saudi Arabia

Market overview

SWOT analysis is a structured strategic thinking method used to make decisions


involved in a project or in a business. Correspondingly, i am taking the opportunity
for showing you how to use this technique to help you better decide on the location
of your work and future career.

Strength

Saudi Arabia is the largest construction industry in the middle east and it is
expected to continue its growth in the next few years with the value of the projects
planned and under way estimated at over USD1 Trillion Covering Transport.
infrastructure, utilities, education, healthcare and many other sectors. This makes it
the perfect location for job hunting (Saudi Build, 2015)

Continuity
One of the most important aspect of your career is continuity. If you are employed, it
doesn’t mean that your job is eternal. You need to make sure that you are employed with a
successful company that is constantly opening new projects and new projects mean that
you are more likely to stay longer in your job. As shown above, Saudi Arabia constantly
growing construction market will guarantee you continuity and security for your
professional career.

Peace and Security Saudi Arabia is among the few countries that has high control
over risks and security threats. I can assure you that you will safe from the moment you
step on its land.
Happiness at work
Now more than ever, companies in Europe and America are going all out to to provide a
wonderful experience for their workers. Ensuring that they’re happy, engaged, and having
fun at work. Work-life integration is becoming common for companies of all sizes.
However, this is not yet the case in Saudi Arabia. Unfortunately, the mentality is more
headed towards increasing workloads and reducing overhead.

Therefore, if you are good at your job, you are more likely to receive tasks than
appreciation.

Weakness

Work life balance


Before you consider working in Saudi Arabia you have to be fully aware of the work-life
balance. This aspect is the most important to keep you going, motivated and productive.
However, in Saudi Arabia you are more likely to be in constant pressure because of the high
working hours especially in the construction industry.

Even if you have spare time after your work, be ready to limit your maximum levels of
entertainment with home cooking, restaurants and cafes because literally there is nothing
else you can do.

Opportunities

Professional network
Saudi Arabia is simply a talent magnet. In line with this multi-level growth, the government
plans to invest approximately US$ 400 billion between 2015 and 2020 under the
provisions of its tenth 5-year economic development plan. Therefore, more talented
professionals will come to the country and this means that you will more likely end up
meeting new professionals every day.

Saving Unlike United Arab Emirates and Qatar this country will give you the opportunity
to save more out of your income. You can rent an apartment, a studio, or even a villa with a
garden with reasonably cheap price comparing to other locations, due to its enormous size,
real estate is available anywhere around multiple cities. In, addition, and i am sure
everyone knows that the price of gasoline is cheaper than water.

Saving more money means multiple opportunities to invest and increase your income.
Threats

Losing interest
Constant pressure, low entertainment, physical inactivity, less time to socialize, all of the
threats might lead to spontaneous moments of depression. This might lead you to losing
interest in your job or even reducing your productivity levels.

Market Analysis

Saudi Arabia is the largest country in the Gulf region with a population of 33
million, and the largest economy in the Arab World with a GDP of $ 782 billion. It
is the only G-20-member country in the region. The Saudia Arabian Government
exercises control over main economic activities of the country’s oil-based
economy. Saudi Arabia has almost 16 percent of the world's proven petroleum
reserves, plays a principal role in OPEC, is one of the world’s largest producer and
exporter of crude oil, and is a large-scale oil refiner and producer of natural gas.

Political Conditions

The kingdom has never had a written constitution, although in 1992 the king issued
a document known as the Basic Law of Government, which provides guidelines for
how the government is to be run and sets forth the rights and responsibilities of
citizens. The king combines legislative, executive, and judicial functions. As prime
minister, he presides over the Council of Ministers. The council is responsible for
such executive and administrative matters as foreign and domestic
policy, defense, finance, health, and education, which it administers through
numerous separate agencies.

Appointment to and dismissal from the council are prerogatives of the king. The
Consultative Council has the power to draft legislation and, along with the Council
of Ministers, promote it for the king’s approval. Decisions are made through a
consensus of opinion that is sought primarily within the royal family , many of
whom hold sensitive government posts.
Currency

Saudi Riyal (19.54 Indian rupees)


Symbol-, ‫س‬.‫ ر‬or ‫ ;﷼‬SAR

Coin-1, 5, 10, 25, 50 halalas, 1 riyal, 2 riyals

Notes-1, 5, 10, 20, 50, 100, 200, 500 riyals

Swot Analysis of Quatar

Strengths The government's popularity is shored up by high per capita


GAP, combined with universal state benefits without any taxation. Since Emir
Ham came to power, improvements in civil rights and a clampdown on corruption
have boosted his support. Weaknesses Close ties with the US and, to a lesser
extent, Israel, are unpopular domestically and could cause tension with other Arab
leaders. Threats Playing host to the US Central Command during the Iraq war has
angered some Psalmists in the region. In the unlikely event of a US-Iran war, the
base could be a target for Iranian forces or militants. Good credit ratings have
allowed the country to borrow internationally at low rates. Qatar: SOOT Analysis
by Normalizing vulnerable to shifts in world prices. Dependence on immigrant
labor means outflows of remittances are high, though the current account remains
firmly in surplus. Investments in education are improving the skills base. Qatar is a
member of the Gulf Cooperation Council regional trading bloc and is negotiating a
free trade agreement with the US. Qatar Business Environment SOOT Stable
government fiscal policy and market-based monetary policy. The Qatar is ranked
28 in Transparency Internationally 2008 Corruption Perceptions Index, comparing
favorably with regional peers.

O Business Monitor International Ltd Page 9 Qatar contains the world's third
largest natural gas reserves base, behind Russia and Iran, and the largest non-
associated gas field in the world. The country's policy of economic diversification
has led to a surge in investment in projects for the export of LONG and
petrochemicals. An estimated total of SIS$ban has been invested in the Qatar oil
industry in the past decade. Qatar took a decision in 2005 to stall new projects
because of concern that too rapid development of LONG exports might damage the
North Field's reservoir.

Market Analysis
The Qatar cosmetic products market is projected to grow at a CAGR of 5.2%
during the forecast period. This trend caters to the ever-increasing demand for
natural or organic cosmetic products among customers. These cosmetic products
are labeled and manufactured according to the regulations specified by government
bodies to guarantee product safety. Moreover, consumer demand for enhanced
functionality and eco-friendliness in cosmetic design is resulting in exciting
innovations in the packaging and design of cosmetics products.

Scope of the market


The Qatar cosmetics market is segmented by product type and distribution channel.
Based on product type, the market studied is segmented into color cosmetics and
hairstyling and coloring products; where the color cosmetics are further bifurcated
into facial make-up products, eye make-up products, and lip and nail make-up
products. Based on the distribution channel, the market studied is segmented into
hypermarkets/supermarkets, specialty stores, convenience stores, pharmacy and
drug stores, online retail stores, and other distribution channels.

Key Market Trends


The increasing number of working women and rising consciousness about physical
appearance among millennial women across the country is the key growth driver of
the facial makeup market. Many manufacturers in the market are concentrating on
natural & organic ingredients in facial makeup, instead of synthetic-based
ingredients due to raising consciousness among consumers and also harmful
chemicals linked to cancer, tumor development, and skin diseases. The market for
organic cosmetic products is booming due to wellness trends and greater
availability of natural ingredients.

Currency Of Qatar
Qatari Riyal (20.14 in Indian rupees)
Symbol- QR, ‫ق‬.‫ر‬

Coin-1, 5, 10, 25, 50 Dirhams

Notes-1, 5, 10, 20, 50, 100, 200, 500 riyals


Swot Analysis of Kuwait

Kuwait’s small and open economy is undiversified and almost fully based on the
oil sector which is a source of financial strength but also a serve structural
weakness. Kuwait holds the sixth largest proven oil reserve in the world enough to
sustain current production of 3m bpd for 90 days Kuwait is the world’s eighth
largest oil producer.
Kuwait has estimated population of 4.225 million in the year 2016 and expected to
research 4.982 million by 2022 growing at a CAGR of 2.79 % Kuwait’s
unemployment rate was estimated to be 2.072% of total labor force which is
expected to remain same till 2022.
Kuwait’s real gross domestic product (GDP) was around KWD 41.795 billion in
2016 whereas the nominal GDP was KWD 33.342 billion. This resulted in GDP
deflator 79.776 per capita GDP was estimated at USD 26004.71 whereas
purchasing power parity (PPP) based per capita GDP was estimated to be at USD
71887.33
Product Analysis
About one-third of an estimated population of 4.5 million are Kuwaiti
nationals. The oil industry accounts for over half of GDP and 94.4% of
government revenues. In 2010, the parliament passed a five-year $104 billion
development plan that aimed to upgrade infrastructure and diversify the economy
away from oil. In 2015, the government adopted a new development plan that
focused on economic reform and the implementation of several long-stalled mega-
strategic projects that were not implemented under the preceding plan.

While government-funded major projects move slowly, some major projects have
been expedited in recent years. Kuwait imports most of its capital
equipment, processed foods, manufacturing equipment, and consumer
goods. Almost half of the country’s imports originate from China, the United
States, the UAE, Japan, and Germany, while over 50% of Kuwait’s export earnings
are attributable to South Korea, China, India, Japan, and the United States. The
United States remains a leading and strategic trade partner.

The government hopes to increase production capacity to 4 million barrels per day
by 2020. In order to reach this goal, Kuwait must continue spending heavily on
upgrading downstream facilities as well as on upstream oil development.
Political Condition
In 1999, in his celebrated study on Middle Eastern monarchies All in the
Family, political scientist Michael Herb came up with the useful term ‘dynastic
monarchy’. Instead of ruling sovereignly from within the relative isolation of the
traditional court, Gulf rulers govern as heads of extensive dynastic families which
have come to control and personalize the state. The Al Sabah of Kuwait first
pioneered this particular type of ‘dynastic’ government. When it proved effective
in administrating an autocratic, modern welfare state based on large oil
revenues, other Gulf rulers copied the main principles of the Kuwaiti blueprint.
Currency
Kuwaiti Dinar (243.64 Indian rupees)
Symbol- KD, ‫ك‬.‫د‬

Coin-1, 5, 10, 20, 50 ,100 fils

Notes-1/4,1/2,1,5,10,20 dinars

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POWERTORC Swot Analysis

Strengths

Market share

Economies of scale

High quality
Leadership & management skills financial resources

Research and development capabilities

Brand reputation

Protected IP

Distribution network

Employee skills

High productivity

Flexibility of production

Weaknesses

Low market share

Inefficient plant

Outdated technology

Poor quality

Lack of innovation

A weak brand names

High costs

Cash flow problems

Undeferential product

Inadequate distribution

Quality problems

Low productivity
Skills gap

De-motivated staff

Opportunities

Technological innovation

New demand

Market growth

Higher economic growth

Trade liberalization

EU enlargement

Demographic change Diversification

Social or Me style change

Government spending programmed

Threats

New market entrants

Change in customer tastes or needs

Demographic change

Consolidation among buyers

New regulations

Economic downturn

Rise of low-cost production abroad

Higher input price.

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