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Article
Publication date: 8 April 2022

Raed Alharbi

Affordable housing provision is one of the visions of the Kingdom of Saudi Arabia (KSA), as highlighted in Vision 2030. For about 21 months now, the coronavirus disease 2019…

Abstract

Purpose

Affordable housing provision is one of the visions of the Kingdom of Saudi Arabia (KSA), as highlighted in Vision 2030. For about 21 months now, the coronavirus disease 2019 (COVID-19) pandemic has ravaged the world and has increased the level of economic crisis and financial uncertainty to achieve planned projects. Studies investigating the reality of how the COVID-19 pandemic may streamline the chances of achieving affordable housing for all in 2030 are scarce. Thus, this study examined the relevance of affordable housing, the perceived impact of COVID-19 on affordable housing and proffered measures to promote affordable housing finance in Vision 2030.

Design/methodology/approach

Medina, Riyadh and Al Qassim were the participants' cities engaged via panel interviews and supported by existing relevant Vision 2030 documents. The Delphi method was adopted to explore the government officials, financial operators (bankers), academicians and employees' opinions, and the analysed data presented in themes.

Findings

Findings show that SA Vision 2030 blueprint expresses an exemplary country in all ramifications, including affordable housing finance for the citizens. Findings reveal that the COVID-19 pandemic threatens SA affordable housing finance Vision 2030. The increased housing shortage, high construction housing cost, increased foreclosures, increased eviction, possible homelessness, financial instability and vulnerability emerged as the perceived impact of COVID-19 on affordable housing finance in Vision 2030. Refinancing housing loans to boost Vision 2030, forbearance to promote Vision 2030, improve payment relief, among others, emerged as measures to promote affordable housing in the post-COVID-19 era.

Research limitations/implications

The research only identified the possible negative impacts of the COVID-19 pandemic on affordable housing finance in Vision 2030 and proffered policy solutions from the engaged participants' perspective. Also, the study covered three cities (Medina, Riyadh and Al Qassim). The suggestions that will emerge from this research may be adopted to address other sectors captured in Vision 2030 that are critical and hit by the ravaging pandemic.

Practical implications

Measures such as refinancing mortgages and strengthening government housing agencies will promote affordable housing for Vision 2030 if the relevant policymakers and mortgage institutions are well implemented.

Originality/value

This research identified the perceived early threats from the COVID-19 pandemic that could affect affordable housing transformation in Vision 2030 from the participants' perspective. Studies regarding COVID-19 and affordable housing in Vision 2030 are very few.

Details

International Journal of Building Pathology and Adaptation, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2398-4708

Keywords

Article
Publication date: 12 June 2020

Ali Alqahtany

The purpose of this paper is to discuss the housing delivery within the Saudi Vision 2030 through an in-depth reading of the Saudi Vision 2030 from the researcher’s point of view…

Abstract

Purpose

The purpose of this paper is to discuss the housing delivery within the Saudi Vision 2030 through an in-depth reading of the Saudi Vision 2030 from the researcher’s point of view and to identify the most significant aspects that may affect housing delivery in the country.

Design/methodology/approach

In this study, the desktop study technique was followed to review the key related literature, collect the data and analyze secondary data. The content analysis technique was used for data analysis of gathered documents and secondary data.

Findings

The findings reveal that there are several commitments in the Saudi Vision 2030 from the Saudi Government to be an exemplary leading nation in all aspects, including the delivery of affordable housing. Housing shortage, housing cost, demographic changes and land scarcity are identified as significant reasons for the lack of providing affordable housing.

Research limitations/implications

The opinions of policymakers is very important, but due to time limitation, it has not been addressed. Future research can assess the Saudi Vision 2030 based on the study of the policymakers, professionals and academics to have better insights.

Originality/value

The paper contributes to discussing the housing delivery within the Saudi Vision 2030 and identifying the most significant aspects that may affect the housing delivery from the researcher’s point of view. Only a few studies have discussed the housing issues within the Saudi Vision 2030.

Details

International Journal of Housing Markets and Analysis, vol. 14 no. 1
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 14 June 2023

Mohammed A.M. Alhefnawi, Umar Lawal Dano, Abdulrahman M. Alshaikh, Gamal Abd Elghany, Abed A. Almusallam and Sivakumar Paraman

The Saudi 2030 Housing Program Vision aims to increase the population of Riyadh City, the capital of the Kingdom of Saudi Arabia, to between 15 and 20 million people. This paper…

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Abstract

Purpose

The Saudi 2030 Housing Program Vision aims to increase the population of Riyadh City, the capital of the Kingdom of Saudi Arabia, to between 15 and 20 million people. This paper aims to predict the demand for residential units in Riyadh City by 2030 in line with this vision.

Design/methodology/approach

This paper adopts a statistical modeling approach to estimate the residential demands for Riyadh City. Several population growth models, including the nonlinear quadratic polynomial spline regression model, the sigmoidal logistic power model and the exponential model, are tested and applied to Riyadh to estimate the expected population in 2030. The growth model closest to the Kingdom’s goal of reaching between 15 and 20 million people in 2030 is selected, and the paper predicts the required number of residential units for the population obtained from the selected model. Desktop database research is conducted to obtain the data required for the modeling and analytical stage.

Findings

The exponential model predicts a population of 16,476,470 in Riyadh City by 2030, and as a result, 2,636,235 household units are needed. This number of housing units required in Riyadh City exceeds the available residential units by almost 1,370,000, representing 108% of the available residential units in Riyadh in 2020.

Originality/value

This study provides valuable insights into the demand for residential units in Riyadh City by 2030 in line with the Saudi 2030 Housing Program Vision, filling the gap in prior research. The findings suggest that significant efforts are required to meet the housing demand in Riyadh City by 2030, and policymakers and stakeholders need to take appropriate measures to address this issue.

Details

International Journal of Housing Markets and Analysis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1753-8270

Keywords

Book part
Publication date: 27 November 2023

Basim S. Alsaywid, Sarah Abdulrahman Alajlan and Miltiadis D. Lytras

The impact of education and research skills on the strategic digital transformation of education is straightforward. In this context, the Saudi National Institute of Health plays…

Abstract

The impact of education and research skills on the strategic digital transformation of education is straightforward. In this context, the Saudi National Institute of Health plays a pivotal role in the design and implementation of a resilient and robust strategy for the development of skills and competencies to young health professionals. In this chapter, the authors provide a brief overview of the Vision 2030 in Saudi Arabia and its basic priorities in the areas related to the Education and Research in the healthcare domain. The authors also elaborate on the key plans and initiatives undertaken by the education and research skills directory of the Saudi National Institute of Health (SNIH) towards transformative learning with impact on the implementation of the Vision 2030.

Details

Technology-Enhanced Healthcare Education: Transformative Learning for Patient-centric Health
Type: Book
ISBN: 978-1-83753-599-6

Keywords

Article
Publication date: 18 July 2020

Pierre Rostan and Alexandra Rostan

The purpose of the paper is to forecast economic indicators of the Saudi economy in the context of low oil prices which have taken a toll on the Saudi oil-dependent economy…

Abstract

Purpose

The purpose of the paper is to forecast economic indicators of the Saudi economy in the context of low oil prices which have taken a toll on the Saudi oil-dependent economy between 2014 and 2017. Trades and investments have plummeted, leading to significant budget deficits. In response, the government unveiled a plan called Saudi Vision 2030 in 2016 which has triggered structural economic reforms leading to an unprecedented strategy of transition from an oil-driven economy to a modern market economy.

Design/methodology/approach

This paper forecasts with spectral analysis economic indicators of the Saudi economy up to 2030 to provide a clearer picture of the future economy assuming that the effects of recent reforms have not yet been traced by most of the economic indicators.

Findings

2018–2030 forecasts are all bearish except West Texas Intermediate (WTI) oil price expected to average $64.40 during the period 2019–2030. Two additional exceptions are the Saudi population that should grow to 40 million in 2030 and the swelling gross domestic product (GDP) generated by the non-oil sector resulting from bold actions of the Saudi government who is willing to become less dependent on revenues generated by the oil sector.

Research limitations/implications

Government policymakers, economists and investors would have with spectral forecasts better insight and understanding of the Saudi economy dynamics at the early stage of major economic reforms implemented in the country. In 2020, the COVID-19 pandemic has brutally hurt the Saudi economy following a collapse in the global demand for oil and an oversupplied industry. The impact on the Saudi economy will depend on the optimal response brought by its government.

Social implications

Saudi Vision 2030 plan has already triggered a deep transformation of the Saudi society that is reviewed in this paper.

Originality/value

The forecast of Saudi economic indicators is a timely topic considering the challenges facing the economy and reforms being undertaken. Applying an original forecasting technique to economic indicators adds to the originality of the paper.

Details

International Journal of Emerging Markets, vol. 16 no. 8
Type: Research Article
ISSN: 1746-8809

Keywords

Open Access
Article
Publication date: 4 April 2024

Omar Al-Ubaydli

This paper aims to address two fundamental questions: (1) How has Bahrain's industrial policy evolved during the 21st century? and (2) what factors contribute to this evolution?

Abstract

Purpose

This paper aims to address two fundamental questions: (1) How has Bahrain's industrial policy evolved during the 21st century? and (2) what factors contribute to this evolution?

Design/methodology/approach

Utilizing secondary data, this paper identifies key decision-makers responsible for economic policy in Bahrain and delineates the evolution of Bahrain's industrial policy throughout the 21st century. Subsequently, it employs a series of interviews with elite civil servants engaged in the formulation and implementation of Bahrain's economic policies to understand the reasons behind the observed changes.

Findings

Since assuming the role of Crown Prince in 1999, Sh. Salman bin Hamad Al Khalifa has been the key economic decision-maker in Bahrain. During the 21st century, Bahrain has shifted away from decisions closely aligned with the Washington Consensus towards those more in line with classical industrial policy. Interviews reveal that the private sector's underperformance in job creation, coupled with fiscal pressures, has driven this departure from the Washington Consensus. Moreover, the early successes of the interventionist Saudi Vision 2030 and Bahrain's own success in technocratically managing the COVID-19 pandemic have accelerated this transition.

Practical implications

Insights into the determinants of Bahrain's industrial policy can guide policymakers in refining future strategies. Recognizing the positive role of intellectual developments in academic economics literature becomes crucial for informed decision-making.

Originality/value

This paper fills a gap in the existing literature by providing answers to its research questions, particularly considering the significant changes witnessed in Bahrain's industrial policy post-pandemic.

Details

Journal of Business and Socio-economic Development, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2635-1374

Keywords

Book part
Publication date: 13 June 2023

Rani Shahwan and Tabish Zaman

The purpose of this chapter is to illustrate the role of higher education establishments in Middle Eastern countries specifically Saudi Arabia. The contributions of higher…

Abstract

The purpose of this chapter is to illustrate the role of higher education establishments in Middle Eastern countries specifically Saudi Arabia. The contributions of higher education establishments are particularly significant in relation to regional and national innovation system, which have been earmarked as engine for growth of the local economy across the region. Our study has chartered the dynamic nature of higher education in the region and their networking capabilities in order to be recognized as key stakeholders of the emerging economy. The study is informed by theoretical dimensions of “open innovation” and how the framework can accommodate the dynamic nature of higher education establishments in order to provide further impetus to ambitious projects such as Vision 2030 in Saudi Arabia. Our study is limited by further empirical evidence but has implication for the region in offering new insights around the evolving conceptualization of entrepreneurial universities and national innovation system.

Details

Industry Clusters and Innovation in the Arab World
Type: Book
ISBN: 978-1-80262-872-2

Keywords

Article
Publication date: 12 September 2016

Albino Maggio, Tine Van Criekinge and Jean-Paul Malingreau

A foresight process was put in place to examine potential developments that can affect the world food situation in 2030 to identify the most useful areas for European Union (EU…

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Abstract

Purpose

A foresight process was put in place to examine potential developments that can affect the world food situation in 2030 to identify the most useful areas for European Union (EU) policy intervention.

Design/methodology/approach

Four interactive workshops involving over 100 experts were organised. The structure of the foresight was designed based on the following five objectives: envision the future of food systems, agree on the most crucial drivers of change affecting food security, reach a consensus on a likely vision for 2030, challenge this vision and analyse current policies and policy needs in terms of responsiveness and resilience to food security future challenges.

Findings

The study contains four key messages accompanied by several related policy recommendations for the immediate and medium term to enable the EU to contribute to achieving food security by 2030. These refer to the transformation of agriculture production systems, the enabling environment, trends in production and consumption and demand-driven food systems as important determinants of sustainable food security. The study recommends a stronger coherence and coordination between different EU policies impacting food security. The development of urban areas is an overlooked challenge for food security as well as the contribution of trade and demand-side dynamics.

Originality/value

This is one of the very few attempts to look at food security with a system approach. A new paradigm shift is proposed: securing “regular” access to adequate food for the majority of the 8-9 billion people who will live on earth in the period 2030-2050, while addressing the food insecurity of a fraction of that total, is how a future European food security policy should be approached.

Article
Publication date: 3 July 2023

Abdullah Fahad AlMulhim

Knowledge management in any organization is important in enhancing the organization’s performance. This study aims to explore the influence of knowledge management capability on…

Abstract

Purpose

Knowledge management in any organization is important in enhancing the organization’s performance. This study aims to explore the influence of knowledge management capability on organizational performance with the mediation role of opportunity recognition and the moderation effect of environmental dynamism.

Design/methodology/approach

This study used an effective and well-developed survey to collect data from 387 managers working in different service organizations in the Kingdom of Saudi Arabia. Further, SmartPLS software was used for data analysis.

Findings

The outcomes confirm that knowledge management capability is directly and indirectly (via opportunity recognition) related to organizational performance. Environmental dynamism moderates the linkage between knowledge management capability and opportunity recognition, as well as between opportunity recognition and organizational performance.

Research limitations/implications

This study provides a valuable and novel managerial and theoretical approach for management to improve firm performance with the help of knowledge management capabilities, opportunity recognition, and environmental dynamism. The findings of this paper can be implemented not only in the service sector but also in the production sector. Future studies can use this conceptual framework in different countries with the current data. Moreover, other analytical approaches can be used to check the variability of these findings.

Originality/value

This study contributes to connecting research gaps in the literature and advancing insights into how knowledge management capabilities affect organizational performance. The study explores the mediating role of opportunity recognition and environmental dynamics as moderators between knowledge management capability and opportunity recognition and between opportunity recognition and organizational performance.

Details

Business Process Management Journal, vol. 29 no. 6
Type: Research Article
ISSN: 1463-7154

Keywords

Open Access
Article
Publication date: 19 April 2022

Marzoq Bataeineh and Omer Aga

Higher education institutions play a crucial role in pursuing a more sustainable future. Research in sustainable development education (SDE) has grown dramatically in the last two…

Abstract

Higher education institutions play a crucial role in pursuing a more sustainable future. Research in sustainable development education (SDE) has grown dramatically in the last two decades because of its importance and global influence. In many universities, sustainability training is restricted to courses, is segregated from the study, and is not connected with sustainable campus operations. Thus, sustainability education is often addressed separately. The study adopted the descriptive-analytical method, and the keywords were adapted and extracted from the United Nations' definition of sustainability and its 17 Sustainable Development Goals, in addition to the Kingdom of Saudi Arabia's Vision 2030 framework. This study examined whether sustainability elements are integrated into Imam Abdulrahman bin Faisal University's curricula (i.e. courses and programs). We were particularly interested in learning how various academic fields integrate sustainability into their curricula. The study results indicated no elective or mandatory courses were designed for sustainable education in the university plan and showed a low degree of integration within the university curricula. For universities, incorporating SDE capabilities within the curriculum has practical ramifications. The curriculum review found that the courses focused chiefly on environmental concerns but enhanced the depth of coverage. Some approaches assist university leaders in devising curricula reforms to promote sustainability learning, providing students with opportunities to reflect on the topic, and bridging the gap between the activities being done at a university to foster sustainability and student perception of what needs to be achieved.

Details

Emerald Open Research, vol. 1 no. 3
Type: Research Article
ISSN: 2631-3952

Keywords

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