Arabia News

Saudi Solar Opportunities

Saudi Arabia is set to become one of the top three global markets for solar energy. It has an ambitious target of producing 25% of its power needs from solar energy by 2032. In addition, SWCC plans to convert all desalination capacity to solar RO by 2050.

In its recent study, ERAS estimate that total investment expenditure in solar will average $7.4 billion per year from 2015 to 2032.

ERAS have identified over 20 high yield investment opportunities in the Kingdom. 

 

GCC Free Trade Studies - GTAP input-output

ERAS completed two major free trade agreement studies for GCC clients (GCC includes Saudi Arabia, UAE, Kuwait, Qatar, Oman and Bahrain) using input-output tables developed by ERAS and the GTAP macroeconomic trade model (57 sectors). The study covered all major trade partners and showed that there are substantial economic benefits from FTAs and liberalisation of trade in commodities and services. The study highlighted key sectoral impacts and strategies for maximising the benefits and minimising the costs of such negotiations.