“Saudi Arabia will be a particularly diverse source of urbanisation-related opportunities over the coming decade. The kingdom has an above-average per capita income for MENA ($23,339 in 2018) and its urban population is expected to increase by almost 5m by 2030. Moreover, according to the UN, Saudi Arabia has the largest construction industry in the region, valued at $40.3bn in 2018.”
-Castlereagh Associates examines how the MENA region will handle the expected 25% growth in urban populations over the next decade. Iraq and Egypt will see the largest increases, with almost 10m additional urban residents in both countries over the period. [Castlereagh]
