Top Ad 728x90

More Stories

What is The Future of Information Technology | 2020 and Beyond



IT has been getting more prime importance for many years just because it is said to be a backbone of any organization. Now, the trend has become that before starting any organization and introducing it in the market, IT department has to get prepared right before final launch. Research experts have proved that there are numerous advancements taking place almost daily in technology and it is evident from latest IT research that in near future, almost everything will get shifted on IT systems including the smallest as well as the largest tasks and functions. All paperwork tasks are now waved off and everything is seen to be technological and electronic. Based on the latest research done, we will briefly list the future of IT for upcoming years.

Brief Description and Summary

future of IT in 2020, latest IT research, IT companies in the world
In next three years, technology is expected to show certain improvements. Revenue generation, value creation, product developments, online system processing, and preparing latest business scenarios by making use of latest emerging technologies will be a prime trend. Let us have few in discussion below as per latest IT research carried out. *Related Post: How Internet Helps in Education.


By 2020, the top It leaders are going to rock and will get self-disrupt creating the new chances as well as ways for leading the markets. Few of them include Amazon, Apple, Facebook, Google, Microsoft, and more. By self-disruption we mean that these agents will not only be understanding current customer needs but will also be preparing the systems and necessary products fulfilling their future needs. Some of them have started right now as a competition too like Google used predictive texts, Facebook has started few activities, and so on. All of the decisions they will be making on basis of customer insights i.e. what are customers searching and what they think will be needed by them in future. Few of self-disruption tasks include latest Amazon web Services Lambda instead of old traditional cloud virtual machines, latest Alexa systems instead of old ecommerce systems, which were screen-based, Face recognition option by Apple instead of fingerprint, and much more.


We all are aware of digital currencies, which are introduced latest in the market i.e. bitcoin, block chain, lite coin, and few more. These currencies are not liquid like cash but are entirely digital. Most of the organizations and platforms have already started making their use and the market value of bitcoin is increase on weekly basis even. When bitcoin came it was almost free and people took lot of coins with them but suddenly the value started raising from $100, $500, $700, $1000, and now it is today $15000 worth of value in the market. It is inferred from the latest IT research that all transactions and payments will be made by digital cryptocurrencies by end of 2020 and the currency will be made worldwide acceptable by all banking industries for all trading mechanisms. Cash will be losing its worth as per experts. It is also elaborated that banking industry will be generating $1 Billion by end of 2020 by making use of these block chain cryptocurrencies.

Artificial Intelligence

Artificial intelligence is already there introduced for various methods but the good thing is that the use of AI in content creation will become very popular and common. The fake-content generation will be made by making use of AI and on the same note, experts will be using the same technology to detect it though. There is a methodology known as text mining where text can be detected through AI and can be placed in proper categories by automated machine. This will become more common, faster, reliable, and in a more accurate manner than human beings. Numerous commercial projects will take place for fake news detection by making use of AI and the increase expected is a 10 fold increase as per the latest research. Related Post: Best International IT companies in Pakistan.

AI Scanning for Jobs

Have you every though that job creation can be done by automated software mechanisms? Yes! AI is going to do this for you by 2020. AI is going to be job innovator for almost everyone and it is expected that almost 3 million jobs will be created by using AI. This will be a positive sign for many IT firms who are always looking for massive job hunt and AI will also be creating for business organizations business values worth more than 2 Trillion and recovering almost 7 Billion hours for worker production rate.

AI for Audio-Visual Queries

By 2021, it is expected that adopter brands will be redesigning their apps and website platforms to enable visual and voice search queries. As per the research, mobile based transactions will come into account especially for ecommerce sales and use of other modes i.e. laptops or physical shopping will void. Moreover, largest shares in AI will be made by Google, Facebook, and Microsoft for supporting visual as well as audio search queries for getting accelerated faster.

AI for Misleading Information

It inferred from the latest findings that lots of misleading information will be presented in IT companies having mature economical values by 2022. It has to be noted that AI is best at processing true data and information but on the other hand, it works smooth on breaking or distorting data too creating false information. IT specialists will use AI for creating false information and we can see few examples today in the form of article spinners or article rewriters etc. Moreover, false information will give rise to fraudulent financial values over high quality financial markets all across the world. The same year, many of the law agencies w2illbe solving the issues in fraudulent and misleading information but will be in vain at that time. After few time, law agencies or country rules and regulations will force IT specialist to make positive use of AI and going against it will cause them great losses leading to crime or strong penalties.


It has been evident that users do not like to contact by call or email and chatbots are becoming mandatory. By 2020, approximately 60% of the organizations will be introducing chatbots on their platforms for smooth conversations and understanding customer insights at their best. This will let them understand user intensions using a methodology called Natural Language Processing where entry mode for decision purpose will be a chatbot but few of the bots will also be using scripted responses in a tree.

IT Specialist’s Multiple Roles

The major improvement we are going to experience in IT will take place by 2021 when each IT personnel will be comprising of multiple roles instead of one. Unlike today, software developer or programmer will also be doing support and other IT works. Technical hiring will be reduced and saving budget and hiring on-in-all personnel will be recommended. The trend has started in many companies already but it will go viral by 2021. This will create a great fall in IT specialists having specific skills. The fall expected by 2021 is approx. 70% as per the latest research.


The latest IT research presented above is said to be Gartner research and its accurateness or effectiveness should not be judged completely on basis of the content because these are the predictions on basis of current IT atmospheres and predictions are not necessarily always perfect.

A Success Story of a Car Wash Helper Who become a Company Owner in Dubai

shajahan motivational story, a motivational story of a car helper,
All the successful people in world must have a story. A story of hardships, poverties, betrays and a time when there is nothing except hope. Those people never lose this hope and that’s what makes them successful. * Motivational Story of a CSS student.

Oasis Company and its owner have a story of determination. The determination that born Oasis company. 27 years back in March 1990 Shajahan Abbas landed in UAE and he has the willpower to change his life. He started his career in UAE as a helper in car wash firm. He joined with his father whose also working in car wash Company. Shajahan had diploma in Information Technology and Arabic language skills.

The man who started as a helper in car wash is now owner of Oasis Group. It took years and a long journey. “I was a helper in that car wash firm and also tried my hand at other trivial jobs but it didn't work out. I got my diploma and that wasn't going to be of much help. I conferred the state with my father and then we set up an automatic car wash firm in the suburbs," Shajahan said, adding "back then, it was the first such establishing".
Shajahan took risk and pumped all of his money but in end his risk paid off. That was a little ambitious project which further paid back him in a splendid way. "I had belief in my capability and a clear vision. It was how Oasis Car Wash was born. There was a chance to grow and our business flourished." After brilliant success in one business he diversified his business in other sectors too. Today, Oasis Group has stakes in healthcare and real estate. It runs a salon, super market and does charity work.

"This may seem a fairy tale and a doddle but there was lot of hard work involved. I have followed in the footsteps of many of my role models. I jumped into many boats firstly and that was my fault. I got cheated and some of my projects sank without a trace. Though, all that was a great learning experience for me. In fact, I am learning even today."

Shajahan said the UAE has glut of opportunities. "A man who came here in 1990 in search of job is running a company in 2017. Is there any other country in the world which offers so many breaks and platform to grow, and doesn't ask anything in return?"

"I owe my life to this country. I have flourished my life because I landed here and nowhere else. I remain grounded and work along with my staff. I have learned this from the manner of the UAE leaders." The UAE, he said, continues to be on the move.

"We will face problems but we must find a way out. I am also lasting my journey to improve and edge out competition," he said, while showing the latest designs and stickers that were used to decorate cars. "We did decoration works for more than 100 cars this National Day."
He is also a loving and caring husband, father and son.

How to Apply for Passport Online | Pakistani Passport Renewal

how to apply for passport online, online passport renewal pakistan, pakistani passport renewal, passport application form online registration
The web service gateway is the main step of the general board of directors of passport and immigration to provide Pakistani citizens the online service around the world. Pakistani citizens can use the e-service portal in order to apply for online passport application process or renewal of their machine-readable passports from anywhere in the world, if it has been expired or it’s going to within 7 months.

NADRA Online Passport System:

NADRA has been developing its online passport renewal pakistan system for quite some time now and that it’s almost done, we can have a look that how it’s going to work after its launch. The director general of immigration and passports plus NADRA have cooperated to offer the citizens of Pakistan a service that they needed really bad. Now citizens will be able to renew passports online without the trouble of traveling to the passport office and waiting in the long cue for several hours.

This service will facilitate all the Pakistani nationals either they live in Pakistan or they live abroad. Currently, the service is not available immediately to be used but soon after its launch people will be able to get the benefit of this service. So anyone who has an expired passport can apply for a new passport and the new passport will be delivered to the provided postal address.

How to Apply for Pakistani Passport renewal Online:

To apply online for passport renewal you need to make sure that you have all of your supporting documents with you and printer/ scanner.

For instance, you will need a printer to get some documents of your fingerprints and a scanner too because you will have to submit some of the documents copies in scanned form.

A credit/debit card to pay for the renewal of your passport fee. When you are ready than you will go to this URL: https://onlinemrp.nadra.gov.pk/e-passport in order to start filling the passport renewal application.

Now after the submission of your application the passport office and NADRA will do their end of the job and deliver your passport to your doorstep. On the other hand, the delivery of passport will vary on the basis of each case that depends upon numerous factors. Whereas, the passport office and NADRA aims to deliver passports within the deadlines of 10 working days normally and 4 working days for the urgent passport.

Pakistani Passport Renewal Fee:

Following is the Pakistani passport fee structure to apply for Pakistani passport renewal:

Charges for 5 years valid passport
Charges for 10 years valid passport
Normal (36 pages):
Rs.5, 500/-

Normal (36 pages): 
Rs.7, 900/- 
Urgent (36 pages):
Rs.7, 500/-

Urgent (36 pages): 
Rs.11, 500/-
Normal (72 pages):
Rs.8, 000/-
Normal (72 pages): 
Rs.12, 400/-
Urgent (72 pages):
Rs.11, 500/-
Urgent (72 pages): 
Rs.18, 700/-
Normal (100 pages):
Rs.8, 500/-
Normal (100 pages):
Rs.13, 300/-
Urgent (100 pages):
Rs.14, 500/-
Urgent (100 pages):
Rs.24, 100/-

All these charges include a service fee of Rs.2, 500/-. For delivery within Pakistan delivery charges will be Rs.250/- and for delivery outside Pakistan delivery charges will be Rs.1, 000/-. And for the delivery location at passport office including foreign missions delivery will be provided free of cost.

Useful links:

SDH, DWDM & OFC Jobs in Gulf Business Horizon (GBH)


Gulf Business Horizon (GBH) Job opportunities for Engineers and Technicians:

Jobs in Gulf Business Horizon (GBH)
GBH is a well known Egyptian telecom company which is working in Saudi Arabia as a subcontractor of Huawei and as a contractor in ZAIN KSA. GBH is hiring new staff for a new project given by STC as a subcontractor of Huawei.

Required Tecelcom engineers:

Telecom engineers having experience in SDH, DWDM and fiber optics can apply. Minimum 2 years of experience is required and bachelor degree is a must.

Applicants must have excellent communication, follow up and interpersonal skills and should be ready to work in challenging work environment.

Required Telecom Technicians:

Technicians who have fiber jointing and splicing experience can apply for this post. Experience in SDH and DWDM is also preferable.

Applicants must have excellent communication, follow up and interpersonal skills and should be ready to work in challenging work environment.

How to Apply for JOB:

Write an email with subject of job title and send it to Gulf Business Horizon (GBH) HR at: jobs@gulfbhorizon.com before 5 Dec, 2017.

Candidates must available in KSA having Transferable IQAMA, Valid Driving license and minimum two years relevant work experience.

More useful links:

Are You Ready To Fly Over And Take Off In Plane With Careem?

careem air service in lahore, careem air taxi pakistan, careem taxi started air taxi in punjab
Now you can gratify with this service in Pakistan with Careem! Careem takes us from one place to another by road linking driver and passenger through the app. First time a service to take people via airline in Pakistan by a ride-sharing company will be coming soon. #CareemAirTaxi
Careem is now launching JAHAAZ service for their customers so they can travel via airline. What Careem #TakeOff campaign offers? It is not an airline service but an air safari ride for you to book right from your Careem application. Careem Air has partnered with USFC and Air Safari to start their JAHAAZ service. Operations of Careem Air are launching soon in Pakistan. So be ready for JAHAAZ service.
* Trending Post: Amazing facts about Pakistan.
To engage and amuse their customers they had launched Rishta Aunties service. Thorough which many people played Ludo on Twitter. After this everyone is anxiously waiting what’s next. So here their next exciting Service #TakeOff is launched.

How Careem Air Pakistan works:

Careem Pakistan is signing a MOU and partnering with Sports Flying Club and Ultralight Lahore and proposing their customers to book a ride in an airplane. This would be a delightful experience to see Lahore from the clouds.
Customers can really book an air safari ride with Careem app in advance. For all of their customers, it would be full of excitement to ride in a real airplane at reasonable fare. Few days ago a sneak peek video updated on their timeline marking the launch. Careem is providing this service initially only in Lahore. After success of Careem Air, they may launch this in other cities of Pakistan or may offer Careem Air from one city to other.

Careem Air flight reservation:

Just like their user-friendly app, this will be also easy to book a ride on Careem Air. First the user will have to select Car type ‘Careem Air’ then make a ‘later’ booking. After this step, Careem will call you for confirmation, then you will wait for your turn to enjoy amazing ride.

*Trending Post: Mohenjo Daro History, (Discovery, Location, and civilization)

Only in 5600 PKR … Fly with Careem Air:

It’s no more a dream to travel in airplane; Careem is providing an economical air ride. The ride will last for 13 to 14 minutes at very reasonable price. Only PKR 5600 will be charge per ride for two persons. This is just an incredible offer to utilize. For two people, PKR 5600 is not an expensive air ride. Moreover, it’s more than worthy. PKR 5600 is a low-cost air travel will ever be. * Trending Post: Countries that require no visa for pakistani passport.

Weather conditions can affect your ride and it is the genuine reason to delay or cancel rides. Careem Air and USFC have rights to do these kinds of actions in critical weather or security conditions. This would be acceptable as this is for customers’ safety but in usual circumstances, there would be no such misfortune.

Careem gives an opportunity to Lahoris to see Lahore in plane. Careem has really made its place in the Pakistani market through its admirable services for customers.
*Trending Post: Online verification of vehicle ownership in Punjab, Pakistan.

Police Clearance Certificate For Expatriates From Saudi Arabia

police clearance certificate for expats, how to get PCC from Saudi arabia, Police clearance certificate procedure
If you are planning to move from Saudi Arabia to another country then you will need police clearance certificate as an expatriate. The procedure has been made much easier and it will basically involve checking your criminal record and certifying that you are eligible to travel.

Police clearance certificate will declare you as a good citizen and you will not face any problems when you go to another country. Applying for this certificate is very important if you are leaving Saudi Arabia forever and do not plan to return again. It is much easier to get it before you leave the country. *Trending: Now Women are allowed to drive in Saudi Arabia.

How to get police clearance certificate in Saudi Arabia:

Step 1. Need Endorsement Letter: 

You will need to apply for an endorsement letter from your embassy. Send them Iqama copy, completely filled application form and endorsement letter fee. You will need to wait for 1-2 weeks for this endorsement letter.

Step 2. Need to Attest Endorsement Letter:

You should get this endorsement letter attested from the Ministry of Foreign Affairs (MOFA). Submit attestation fee (100 Saudi Riyal), application form (available at MOFA), photocopy of passport, photocopy of Iqama and original endorsement letter.

Step 3. Fingerprint:

Enter your fingerprints in the MOFA system for their records. This step is very important for later verifications.

Step 4: Required Documents:

Take endorsement letter (attested from MOFA), photocopy of passport and photocopy of Iqama to one of these police stations for obtaining your police clearance certificate:
  • Riyadh Deira Police Station (Near court).
  • Dammam Police Station (located opposite Governor house).
  • Jeddah Police Station (located behind Islamic Development Bank).
Once you have submitted these documents in any of the above police stations, they will inform you about the date when you can come back to collect your police clearance certificate.

Step 5. Collect report from police office:

You will personally have to visit the same police station again to collect your police clearance certificate.

So, in these 5 easy and simple steps you can get your police clearance certificate before you leave Saudi Arabia.

It is important to understand that once you are outside Saudi Arabia, you will have to follow a different process for obtaining police clearance certificate. That process is longer and more difficult. So while you are preparing to leave the country, you should plan to finish this task before you go. *Trending: List of companies for job hunters in Saudi Arabia.

If you follow these steps, obtaining a police clearance certificate should be very easy and simple. You will have to wait after step 1 and 4, but it is worth the wait because you will get the original letter. *Trending: Email list of companies for job hunters in Saudi Arabia.

You do not need to pay an agent or any other person to get the police clearance certificate for you. You will need to enter your own finger prints, so it is better that you perform the process yourself. *Trending: Ministry of Labor launches KAWADIR job portal for expats.

How can I check my Iqama transferred to my new sponsor or not at MOI

change of sponsorship, nakal kafala maloomat, job change notification
In my previous post change of sponsorship, i have explained this very well but now it will be in a single step procedure. As you know without working with you sponsor or kafeel is illegal in Saudi Arabia and you could face problems even deportation in this case if you are working with another kafeel/sponsor.

Check iqama transfer/change of sponsorship online:

So whenever you change your job you have to change your sponsorship as well and how can you check your change of sponsorship is very simple, first of all, you have to know about the fee as mentioned. * Related Post: Change of sponsorship procedure at MOL website.
  • First-time sponsorship change fee is 2000/SAR which is mostly paid by the new sponsor.
  • Second-time sponsorship change fee 4000/SAR which is mostly half paid by you i mean 2000.
  • Third-time sponsorship change fee is 6000/SAR and new sponsor will pay 2000 only and 4k by you.
Only your sponsor can check the detailed information regarding your transfer but you can also check the funds deposited for your transfer online. If the fee is shown in jawazat system; it means your transfer is not yet processed. If your fee has been deducted then your transfer process have done.

Step by step procedure:

  1. Open MOI website.
  2. Now click on electronic enquires.
  3. Hover over your mouse pointer at MOI Diwan.
  4. Now select Public Query Available Funds.
  5. Inter your iqama number and check your available funds.

Related Posts:

An Up-to-Date feature of WhatsApp “Delete for Everyone”

whatsapp delete for everyone feature, whatsapp update about delete for everyone, whatsapp news delete for me, whatsapp new features and trends
Now you can delete your sent messages from receipt chat box. This may happen to everyone that you sent message to wrong chat and couldn’t help it. WhatsApp new feature “delete for everyone” is especially addressing these kinds of mistakes. This feature allows sender to delete his sent message from everyone’s inbox. This feature not only use for individual inbox but also for group chats. WhatsApp Push Notification Problems/Solutions.

Whenever messages are sent to wrong chat or may contain wrong content or mistake, this feature will help to delete your message from receipt inbox. All updated versions of WhatsApp at all platforms, such as iPhone, windows phone and Android has this “Delete for Everyone” feature. This is latest feature of WhatsApp in prolonged features of WhatsApp. The commonly used WhatsApp smartphone app introduced this incredible feature to gain more value from their users those are facing this problem in regular conversation and this is bothering them too much. * Top Trending Post: Are you looking for wearable smart phones?

How to get WhatsApp "delete for everyone" feature:

To get this feature of WhatsApp it is necessary to have latest version of WhatsApp on both phones; sender and recipient. By downloading latest version or updating the old version, you can have this amazing feature on your WhatsApp. * Related Post: WhatsApp calling feature.

How to experience WhatsApp "delete for everyone" feature:

  • Select the message you need to delete.
  • Tap on trash/delete icon on display.
  • The dialogue box will appear having the new option Delete for Everyone.

Options on dialogue box:

  • Delete for me.
  • Cancel.
  • Delete for everyone.
When you select the ‘Delete for everyone’ option from dialogue box, the sent message will be switched with "You deleted this message" in both chat box; yours as well as the recipient. If the recipient doesn’t have the latest version of WhatsApp, you can’t use this feature in that case and the message may be seen by the receiver after deletion or if messages were not deleted.

WhatsApp says that to use this feature you must be speedy user. As this feature ‘Delete for everyone’ can only be used within seven minutes of sending. Once seven minutes have passed, now you can’t avail this feature. * Do you know about world's lightest smartphone?

Now if you tap the delete icon there will be only two options (after seven minutes):
  • Delete for me.
  • Cancel.

Delete for me:

WhatsApp also replaced the regular delete option with ‘delete for me’. This will work as the regular delete option does; deleting the messages and other content from own screen. All sent or received messages are not affected on the receiver end and they can see all messages as before. There is no change in this option’s working except the change in name.

This features works in the same way: to delete more than one message at once, you need to select all those message and tap delete icon and then select the ‘delete for me’ option. Now the name ‘Delete for me’ is clearly telling that these messages will only be deleted from your screen and not from others’ screen. More: How to buy Memory Card for your Mobile phone?

Ministry of Labor launches KAWADIR Job Portal for Expatriates in Saudi Arabia

kawadir job portal, ministry of labor and social development project of kawadir.
A website is launched for the labor job named as Kawadir by the ministry of labor and social development of Saudi Arabia. The major reason behind this amazing initiative is to control the overseas recruitment of expats. So expats basically incorporates those people who are in the empire but their services are not needed yet in organizations. In this way they are unemployed. Now a step was taken for employers that they can easily transfer their unemployed employees to other organizations where they are needed. In this way human resource can be used effectively. They are considered as highly skilled labor. Other companies can hire skilled labor as they are in need of their services.

Thus the initiative of this program by ministry of labor and social development, numerous companies has been reported to respond to it. It was suggested that numerous resumes were uploaded by more than 700 companies. This was the greatest achievement by ministry of labor. Multiple resumes were uploaded and these are highly skilled workers as their services are no more required by the current organization. This is considered as a superb and great initiative in order to use human resource effectively and efficiently.

KAWADIR Job Portal by MOL - a great initiative:

 - On the other hand, these expats are also taking advantage of this transfer program which is under Kawadir. When they are leaving the previous organization their residence is also expired which is a great problem for labor.

 - This program will help employees to find a best job and it will also allow earning a living. Furthermore, expats who specially came to Saudi Arabia to start a job, they could not manage their residency permit even after the time period of three months. Labor can get numerous benefits from this initiative.

 - They can be employed under the funding and support of other employee and they can easily get the residency permit. In this way, they won’t be unemployed anymore.

KAWADIR job Portal Other benefits:

Other organizations that can have numerous expats than Saudi Arabia can transfer expats and being employed by Saudi Nationals. We will be able to hire Saudi nationals without firing expats. In order to utilize the services it is very beneficial. When the resumes of employees are approved then they are being uploaded by the organization. The right of labor should be kept in mind during hiring and firing process. No other company is allowed to upload a resume of expats without permission or approval. Thus this program is considered as an extensive program and many people are taking benefit from this. * How to register with Saudi Council of engineers?

Additionally a restriction is imposed by ministry of labor on Kawadir jobs is that company can only avail labor transfer which can fall under the category of green and green labels of Nitaqat program. It is best for those expats who have been unable to find a job in Saudi Arabia kingdom. Expats should definitely avail this superb program who are searching for a new job and who are ready to provide best services to other companies. For this purpose they should upload their resume on KAWADIR job website.

The Best Investment Opportunities In Saudi Arabia

investment opportunities in ksa, business tips for newbies in saudi arabia.
Saudi Arabia is an asset to the Middle East and North Africa region because of its 25% reserve of world’s oil resources. Besides being the largest economy in this region, it is also one of the most developing countries across the globe but due to its dependence on the oil reserve, other sectors are being neglected. Though the country is one of the richest of all the Middle East countries and many other countries across the globe the versatility or the uniformity in the income is not there. The diversity of income from different resources and sectors is not there in this economy which is why; the government is now trying to attract foreign investments into different sectors of Saudi.

Earlier the most challenging factor in the economy was its regulations and the legalities in the businesses for which the investments were restricted as well. Investing in Saudi Arabia earlier used to mean a lot of compliances which the government is working upon now to relax the process of investment in the country.

The future prospect of this economy and the potential of its untapped resources is yet to be discovered by the economy itself and the government has started working on the same and the results are positive though slow. This economy is not making this progress themselves but also for its surrounding nation as well and it is evident from the growth in Egypt, UAE, and the other GCC countries. The individual investors or the HNIs or the government across the globe who invests money in this region tends to lose the same in most of the scenario but with utmost hard work towards making strong governance and the reformation of the judiciary along with effective bureaucratic control, many investors are gaining interest in these markets.

SAGIA which stands for Saudi Arabian General Investment Authority provides the license for investment from the foreign nationals and entities in the country. It was formed to enable and ease the process of liberalization in the economy to gain foreign investments, in 2010. The objective with which this body was formed and is working currently is to achieve the growth in the economy by helping the businesses attract foreign investments and for creating a healthy environment for various business opportunities in the KSA. This body strives for fostering the growth through investments in the major sectors of the economy which are construction, healthcare, education, online & IT services and Food and Beverages.

Opportunities for investment in construction sector:

By 2025, 3.3 million of housing units has to be made to cater to the need of the population of Saudi Arabia as reported by the Housing Ministry of the country. This is because the country is a chronic shortage of homes and housing units for its growing population.

Already the government has started taking help from foreign nations in which China has been proposed to build 1 lac houses in AI-Ahsa province. This figure helps in understand the need for investing in the Saudi’s construction sector. Since the construction sector contracted in the previous financial year by almost 2 percent, the country is gearing up to expand it now and thus investing in this sector at this point of time can be really profitable.

Opportunities for investment in health care center:

One of the main aspects the ambitious and optimistic Saudi Vision 2030 which was launched last year is the "PPPs" which stand for the Public-Private Partnerships. Under this, the public entities of the Saudi government will get investments from the private sector which includes foreign investments as well.

This partnership program has been developed to initialize the investment of the foreign investors into the public organization of the economy out of which hospital and the healthcare sector in under main focus. Almost 55 and above health centers will be privatized in Riyadh, Saudi Arabia under this program and many more investments will be done to make the healthcare sector highly functional. If you are looking to invest in the healthcare sector of Saudi, this is the right time.

Opportunities for investment in education sector:

There are four ways to invest in the education sector of Saudi Arabia and the first one is for investors looking for growth focused acquisitions. This investment will direct to the institutions and companies already established in the nation for providing education. These are recognized and thus investing in this program will definitely earn you cash flows at the end of the venture as well as on an ongoing aspect.

  • The next is the Greenfield investments which suit the investors looking for taking a risk in the startups and have entrepreneurial skills. For investing in these projects, you need to verify the models of the business to anticipate the earning.
  • The third one is for the people looking for investing in the vocational institutes and the play schools which are yet to boom in the market but hold potential growth factor.
  • Lastly, you can invest in the land or the building which will be used for the purpose of building educational institutes.

Opportunities for investment in online and IT services:

The government-owned science and research entities in Saudi have reportedly increased the investment prospect in the country. After earlier challenges in IT, There is a huge improvement in the Information technology and the online services. The country also gets indulge in the outsourcing opportunities and there are more than 70% chances of increase in the technology sector in the coming years. There is a huge opportunity for the people who are looking to invest in this sector as this is the most growing sector across the globe as well as in Saudi. Since Saudi Arabia is looking to decentralize its focus from oil production, this sector gains major attraction after the former.

Opportunities for investment in food and beverage sector:

The annual growth rate of the food and beverage industry of Saudi in last five years is 2.6% and the market is growing with foreign investments as the taste and preference of the people are changing slowly but steadily.

There are major food companies which are investing in the country and reaping huge profits due to the fact mentioned above. The government along with the private investors are looking to invade the market more and thus if you are looking for investing in the sector of Saudi then this is the perfect time to listen to your heart and mind.

Saudi Arabia has always been the largest producer of oil in the world and one of the riches countries as well. It is still the major oil producer in the Gulf and thus with the wind of liberalization, it is important to shift a little from its core sector to other sectors as well as the times are changing and investments and growth of other sectors are also necessary to progress as an economy in a whole. Ample opportunities are there, you just need to be cautious about the sector and its prospects before investing your money. You should do your own analysis on the market you are opting for investment and look for the major players in that sector.

Top Ad 728x90

What is in This blog? or how this blog will help you is a question raised in everyone's mind when he/she search a blog site or searching something on the internet, to make people life easy where some good people are helping people by their method same like i am helping people on the internet.

For Pakistan, Saudi, India and many other countries people search their problems about Iqama, Jobs, visiting places and on many other topics. So decide to write about people problems solution in easy steps hope you will like my blog.

Top Ad 728x90