Business and Economics

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The Role of Industrial Engineers in the Transformation of Saudi Arabia’s Economy

Introduction: The Economic Landscape of Saudi Arabia Saudi Arabia’s economy has long been characterized by its heavy dependency on oil exports, which have historically driven national revenue and economic growth. However, in recent years, the kingdom has initiated a profound transformation through its strategic framework known as Vision 2030. This ambitious plan aims to diversify […]

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How Global Trade Trends are Influencing Industrial Engineering Practices

Introduction to Global Trade Trends Global trade is a dynamic aspect of the modern economy, characterized by the exchange of goods and services across international borders. Current trends reveal a notable increase in globalization, driven by advancements in technology and communication, as well as a growing interconnectedness among nations. This interconnectedness has facilitated the movement

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How Public-Private Partnerships Are Shaping the MENA Region’s Industry

Introduction to Public-Private Partnerships (PPPs) Public-Private Partnerships (PPPs) have emerged as a significant mechanism for facilitating collaboration between governmental bodies and private sector entities. These partnerships are characterized by the establishment of shared responsibilities, risks, and benefits associated with delivering public projects and services. The contract between the public and private sectors typically involves the

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