Saudi Arabia’s vision for its future is crumbling

Saudi Arabia’s vision for its future is crumbling

Saudi Arabia’s efforts to diversify its economy beyond oil are being complicated by the war in Iran and the closure of the Strait of Hormuz

Saudi Auto Recycling: Informal Dominance Gives Way To Gradual Formalisation

Saudi Arabia’s auto recycling market is still dominated by informal operators, but gradual formalisation is underway. Tighter regulation, growing ELV volumes, digital parts platforms and GCC trade links are creating clearer opportunities for licensed recyclers, even as price pressure, weak standardisation and entrenched grey-market practices continue to constrain the sector. Salem Bal Harith Saudi Arabia’s auto recycling sector remains heavily s…