Liberal leaders say they have a plan for a new, more effective anti-Trump resistance    Stampedes at Christmas charity events kill 67 people in Nigeria    A man's suicide leads to clamor around India's dowry law    Slovak PM meets Putin in surprise Moscow visit    Environment minister inaugurates Yanbu Grain Handling Terminal    Saudi deputy FM meets Sudan's Sovereign Council chief in Port Sudan    Kuwait, India to elevate bilateral relations to strategic partnership Sheikh Mishal awards Mubarak Al-Kabir Medal to Modi    MoH to penalize 5 health practitioners for professional violations    Al-Samaani: Saudi Arabia to work soon on a comprehensive review of the legal system    Arabian Gulf Cup begins with dramatic draws and a breathtaking ceremony in Kuwait    GACA report: 928 complaints filed by passengers against airlines in November    Riyadh Season 5 draws record number of over 12 million visitors    Fury vs. Usyk: Anticipation builds ahead of Riyadh's boxing showdown    Saudi Arabia to compete in 2025 and 2027 CONCACAF Gold Cup tournaments    Marianne Jean-Baptiste on Oscars buzz for playing 'difficult' woman    PDC collaboration with MEDLOG Saudi to introduce new cold storage facilities in King Abdullah Port Investment of SR300 million to enhance logistics capabilities in Saudi Arabia    Al Shabab announces departure of coach Vítor Pereira    My kids saw my pain on set, says Angelina Jolie    Legendary Indian tabla player Zakir Hussain dies at 73    Eminem sets Riyadh ablaze with unforgettable debut at MDLBEAST Soundstorm    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia lacks skills in the consulting industry
Published in The Saudi Gazette on 11 - 04 - 2014


Salim Bin Ahmed Sahab
Al-Madinah


In the Arab world, we may have succeeded in establishing giant contracting companies whose sole purpose is to construct large and luxurious concrete structures. These companies also construct basic infrastructure facilities, such as tunnels, airports, sewage systems and others.
However, the industry of specialized intellectual services is completely lacking in the Arab world, including advanced consultancy in many vital sectors. For example, we do not have the specialized studies which the government and its institutions need. Among others, these services include strategic planning, accountancy, legal, tax and health consultancy and consultation in the fields of energy, natural resources and industry.
In the Kingdom, large companies and establishments often turn to specialized international firms to complete their procedures in external auditing, closing accounts and legal matters, especially when they want to enter international markets. Our industrial sector could not exist without foreign consultants, particularly when our companies have to deal with international contracts and transactions.
This, however, does not mean that the national consultant is completely out of the picture, but the returns of the consultancy services in our country are no more than a drop in the sea of international consultancy services.
When, for example, we look at Deloitte Touche Tohmatsu Limited (DTTL), we find that in a single year, it has earned more than US$32 billion. The private UK company is making steady growth for the fourth year in a row. Keen to invest in professional training, Deloitte opened universities in the US, Europe, the Middle East and Africa. The same thing can be said about other consulting giants such as Booz & Company, Arthur D. Little, Boston Consulting Group (BCG) and others.
There will be a professional intellectual industry as long as human civilization is in existence because there will always be programs and initiatives that require effective solutions, creative ideas and international expertise.
As for projects building concrete structures, they are mostly seasonal and will go away when the money goes away. Is there any way to put the Kingdom on the road to advanced consultancy services?


Clic here to read the story from its source.