ABOUT US

MARKET RESEARCH SAUDI ARABIA

Saudi Arabia, among the world’s largest oil producing nations, is embarking on its way to diversify its revenue streams and reduce oil dependency.

Saudi Arabia’s total exports were worth US$ 182 Bn in 2015, compared to US$ 167 Bn imports. Country’s key exports include: Crude petroleum oil (55%), Refined petroleum oil (10%), Polymers (5%), and Petroleum gases (2%). Major export partners are China, US and South Korea.

Key imports to Saudi Arabia include: Automobiles, Electronics, and Medical Supplies. Major import partners include China, United States, Germany, South Korea and United Arab Emirates. Towards the steps of a welfare economy, the government is investing to improve its social infrastructure, especially in the field of education and healthcare.

At Solidiance, we assist clients get a better understanding of the challenging Saudi Arabian economy, maximize on available opportunities, and give you sound business advice as to how best to navigate the market.

Some of Our Team

DAMIEN DUHAMEL
Managing Partner Asia Pacific


Damien has more than 20 years of marketing strategy consulting related experience in the Asia Pacific region. He is a recognized Innovation and Asia Competitive Strategy expert with extensive experience in ASEAN. His thought leadership has been featured on various media: AFP, Business Insider, BBC, Bloomberg, CNN, CNBC, New York Times, Wall Street Journal, and several Asian publications. Damien speaks English, French, and Vietnamese. Damien has worked on multiple Fortune 500 and Government projects across Asia. Recognized as an innovation and competitive strategy expert, he frequently holds presentations and is often interviewed on the topic. He holds a Bachelor’s degree in Business from the Victoria University, an MBA from the Chicago Booth School of Business and is completing a Master of Sustainability and Environmental Management at Harvard University.

HEIKO BUGS
Partner Asia Pacific


Heiko is Solidiance’s Partner Asia Pacific responsible to form and grow a strong multinational team with outstanding quality project delivery. Heiko has published and presented on subjects related to Asian business interests at over 30 international conferences in the EU, US, India and China. Having lived and worked in South Korea, Hong Kong, China and India, he is now focusing on the rapidly developing economic relationship between the two economic giants and its global strategic impact. Heiko holds a Master in Economics and Information Technology from the Mannheim University and an MBA from the Rutgers University.

OMAR AZIZ
Associate Partner


Omar Aziz is an Associate Partner equipped with extensive experience in consulting & ICT industries. He has managed large projects in construction, healthcare, automotive, telecom, power generation and oil & gas sectors. His expertise area is in helping multinational clients gain market share in the Asian market landscape by profiling industries and competition, sizing the markets, segmenting customers, analyzing distribution channels, preparing investment feasibility studies, identifying suppliers, reviewing potential joint ventures or acquisitions, and delivering market entry and growth strategy in Asia. Omar holds an MBA from Nanyang Business School.

ERIKA MASAKO WELCH
Business Development Director


Erika is Solidiance’s Regional Director of Business Development in the Middle East. She brings over 8 years of strategy consulting experience in the Middle East, working with global Fortune 500 firms as well as leading corporations, government bodies and foundations in the region. She has led several strategy projects in the UAE, Saudi Arabia, Iran, Qatar, Oman, Indonesia, and Japan across the construction, lubricants, machinery, automotive and greentech sectors. Prior to joining Solidiance, Erika was a senior advisor and manager addressing sustainability challenges across >15 sectors and industries. Erika speaks English, Japanese, conversational French and survival Arabic. She holds a BSc from McGill University, and completed her postgraduate studies in Sustainability & Leadership at Cambridge University.

FABIAN TEJA BOEGERSHAUSEN
Manager


Fabian is a Manager at Solidiance with tremendous experience in the automotive, industrial and consumer products field. With robust experience in research and consulting, Fabian accumulated experience in market entry, strategy and implementation working for clients such as Continental Automotive, Siemens Industrial, Swarovski and other international companies. He earned his Master‘s degree in Financial and Industrial Management from Karl Franzens-University in Graz, Austria.

NAITHY CYRIAC
Manager


Naithy is a Manager with solid consulting experience across a range of sectors including telecom, healthcare and construction, she has worked extensively with MNCs exploring investment opportunities across Asia and the Middle East. Naithy has led several projects in Iran for the Auomotive and Automotive Aftermarket sector. Prior to joining Solidiance, Naithy was a senior associate at a Moody’s group company, where she led various consulting projects including market entry strategy, investment opportunity analysis and competitive benchmarking. Naithy graduated with an MBA from the National University of Singapore and participated in an exchange program at Cornell University.

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