Saudi Arabia

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Saudi Arabia

  1. 1. SaudiArabia<br />Calcutta Business School<br />Faculty :Mrs. Devdasan<br />- Anand Saraff<br />
  2. 2. Contents <br /><ul><li>Introduction
  3. 3. Geography
  4. 4. Government
  5. 5. Economy
  6. 6. Development & Foreign Land
  7. 7. Culture
  8. 8. Random Facts</li></li></ul><li>Introduction <br /><ul><li>Capital:Riyadh
  9. 9. Climate: Harsh, dry desert with great temperature extremes (-12.0C to 50.0C)
  10. 10. Population: 27.6 million including an estimated 5.5 million resident foreigners (July 2006 est.)
  11. 11. Currency : Riyal
  12. 12. Religions: Muslim 100%</li></li></ul><li>Geography<br /><ul><li>Arabian Peninsula - Largest Country
  13. 13. Bordered by - Jordan, Iraq, Kuwait, Qatar, </li></ul> UAE, Oman and Yemen<br /><ul><li>Landmass – primarily desert and semi-arid regions
  14. 14. Arable land – less than 2 percent
  15. 15. Coastline - along Red Sea extending for 2,640 kms</li></li></ul><li>Government<br /><ul><li>Monarchy - Ruled by sons and grandsons of the first king, Abd Al Aziz Al Saud
  16. 16. Qur’an - constitution of the country
  17. 17. Governed on basis of Sharia(Islamic Law)
  18. 18. Council of Ministers - appointed by King
  19. 19. Consists of a prime minister, the first prime minister and twenty ministers
  20. 20. Advises on general policy formulation and directing bureaucracy
  21. 21. Elections – No recognized political parties or national elections(only local elections)</li></li></ul><li>Economy<br /><ul><li>Primary Source – Oil Industry
  22. 22. Accounts for 75% of budget revenues and 90% of export earnings
  23. 23. Comprises 45% of the GDP (private sector – 40%)
  24. 24. Has about 24% of world’s proven petroleum resources
  25. 25. Private Sector – Privatizing industries such as power and telecom
  26. 26. Diversification – launched a new city “King Abdullah Economic City” on west coast
  27. 27. Total investment exceeding $26.6 billion
  28. 28. Includes petrochemical, pharmaceutical, tourism, finance and education and research areas</li></li></ul><li>Development & Foreign Labour<br /><ul><li>Growth – one of the few fast growing countries with a high per capita income of $20,700 (2007)
  29. 29. Economic Cities – plans to launch six cities like “King Abdullah Economic City” by 2020
  30. 30. Intended to diversify the economy and
  31. 31. Increase the per capita income
  32. 32. Labour Force – significant portion from foreign </li></ul> countries (primarily South, South-East Asia)<br /><ul><li>Skilled Force – Banking and service professionals seek work in the kingdom</li></li></ul><li>Culture<br /><ul><li>Islam – two holiest sites, Mecca and Medina are located here
  33. 33. Public practice/possession of non-Islamic religious materials not allowed
  34. 34. Annual cultural festival
  35. 35. Al Ardha – involving swords, it is the country’s national dance
  36. 36. Dress – Strict adherence to hijab(Islamic principle of modesty)
  37. 37. Loose and flowing garments well suited to the climate
  38. 38. Women are required to wear an abaya or modest clothing in public
  39. 39. Food – pork and alcohol strictly forbidden
  40. 40. Khobz(unleavened bread) eaten with most meals
  41. 41. Arabic tea is a famous custom for formal/informal meetings
  42. 42. Film and Theatre – Public theatres and cinemas banned
  43. 43. DVD’s though of Western movies are legal and widely available</li></li></ul><li>Random Facts<br /><ul><li>Welfare state – Oil exports have facilitated the creation of a welfare state
  44. 44. First-ever female minister was appointed in February 2009(department of women’s education)
  45. 45. Women are banned from driving on public roads(may be lifted soon)
  46. 46. Rub’ al Khali is the largest sand desert in the world
  47. 47. 15 of the 19 suicide bombers of 9/11 were Saudis</li></li></ul><li> Thank You<br />

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