Research Paper On Saudi Arabia

Research Paper On Saudi Arabia
Saudi Arabia: The Middle East The Middle East is by no means a westernized area of the world; however there are staple factors that make it seem
"democratized." Its legitimacy weary, the Middle East is fantastic at growing its governments based on the Medina Constitution. However, there is
one particular area of the world that is both deeply religiously rooted and contemporary at the same time. Saudi Arabia has created the impossible
through economic, political, and social legitimacy that not only defies western ideology but is accepted as the most modern version of the Middle
East using their economic and religious legitimacy. It can be described as a single tribe full of all chiefs and no Indians and as seen as any other Arab
country, only... Show more content on Helpwriting.net ...
An overview of the interaction of these two in Saudi Arabia is complex and prompts the question whether the state controls religion, or religion
controls the state. While religion seems to be more influential in the domestic policy territory, the state, along with secular security goals, appears to
shape most foreign policy decisions. Religion legitimized the Al Saud's territorial expansions, justifying military conquests "by the religious belief that
it was the duty of all true Wahhabis to carry the message of Islam to all peoples who were non–Muslim 'infidels'" (Helms, 1981:
... Get more on HelpWriting.net ...

Economic History Of Israel And Saudi Arabia Essay
Eytan Davidovits
Professor Hill
Economics 191
20, March 2015
Economic History of Israel and Saudi Arabia Israel and Saudi Arabia are two countries in close proximity to each other, yet seem to be different in
almost every metric. Saudi Arabia has a $744 Billion GDP, while Israel only $290 Billion (The World Bank), yet when breaking the GDP into GDP per
capita, Saudi Arabia lags behind Israel at with a GDP per capita of $25, 961 whereas Israel is at $36,051. Israel and Saudi Arabia both became
economic powerhouses of the Middle East, while remaining vastly different from each other in terms of their institutions. Their histories are unique,
illustrating various ways a country can develop. Israel as a country is quite new, only 67 years old. Israel was founded in 1948 after being given to the
Jewish people by Great Britain. Soon after Israel declared independence, all of the pseudo governmental Jewish institutions that were set up during the
period under British rule, combined to form government departments. However, due to the state of its economy as well the more socialist leanings of
the main political party, in the beginning there was strong government intervention.
Following its founding, Israel's economy was jumpstarted through a large amount of foreign aid as well as immigration. Immigration was a pillar of
the founding of the Jewish state with Holocaust survivors coming in droves from Europe to Israel. After just three years of it's founding, Israel doubled
its

The Education System Of Saudi Arabia, Us, And World Economy
Report for 2014 states that there are more than 110,000 Saudi students enrolled in American universities. The influx is primarily triggered by the
scholarship program introduced by King Abdullah, which allows qualified students to attend higher education in the United States with their tuition fee,
school expenses, and health insurance paid for by the government. The same is also attributed by the fact that thirteen of the top universities in the
world are in the United States whereas the education system in Saudi Arabia is still in a developmental stage.
Accepting international students benefit the Saudi Arabia, US, and world economy. Hence, many US universities have expressed their intention to
accommodate Saudi students and to provide ... Show more content on Helpwriting.net ...
The second solution is seen as the most feasible of the three.
Discussion
The conditions in universities accepting international students need considerable attention. The reason students go abroad to study is very
clear–through world class education, these students will turn into valuable human assets of their country. They benefit their host country financially,
contributing the largest portion of the billions of dollars earned by the US each academic year (Wilson, 2011). Internationalization of students also
promote global understanding by adding cultural diversity to campuses, and by facilitating better relations between the US and their home country. On
the other hand, completing a four or five–year degree in an unfamiliar environment, and being exposed to an education system that is very distinct from
the one they are used to, do not come about easily for the Saudi students.
Comparing the Education System between the US and Saudi Arabia The differences in the education system implemented in the US and Saudi Arabia
can be best compared by discussing the role of their governments in education, and the academic cultures that the students from these two countries are

Saudi Arabia Essay
Saudi Arabia is the largest free market economy in the Middle East and North Africa, with a 25% share of GDP, and its geographical location
provides easy access to export market in Europe, Asia and Africa. It is know that the main income of the Saudi economy is oil, which makes Saudi
Arabia rank to be first in the world in oil precaution, oil production and oil exportation to reach 25% of the total wold oil precaution and other natural
resources including a large range of industrial raw materials and mineral such as bauxite, limestone, gypsum, phosphate and iron ore. This allow to
Saudi Arabia to be a one of the top 20 economic stability in the world.
The Saudi construction industry is skyrocketing; it relies on supply of materials that ... Show more content on Helpwriting.net ...
The structure of the paper mirrors this, as the following segment considers the structure of work in Saudi Arabia and, specifically, the diverse profession
structures existing for Saudi and remote specialists. The segment that takes after takes a gander at abilities and aptitudes advancement. Another
segment considers the effect of Saudisation on profession improvement. A last area introduces a few conclusions (Madhi, 2003).
the importance of the industrial sector to growth the country
Saudi Arabia currently has strong growth indicators, with the industrial sector accounting for about 60% of GDP. The number of employees in this
sector does not exceed 21% of the total labor force, while the services sector contributes about 36% of GDP. About 70% of the total labor force in the
Kingdom. Hence the importance of focusing on the industrial sector, especially manufacturing industries and small and medium enterprises. However,
building the industrial sector is not an easy or quick process. It requires long–term planning, concerted efforts, knowledge and business sharing with
experienced people, and a special focus on public–private partnerships.
As part of its plans to provide everything needed to stimulate the growth of the industrial sector, the Saudi Ministry of Trade and Industry is

Poverty : A Economic Disparity Between The Rich And Poor
An impoverished nation forms when there is great economic disparity between the rich and the poor. Adam Smith reflects on the income gap in his
quote: "No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable." Due to Saudi Arabia's
vast oil wealth, there is a large amount of the population who live well and fruitful, but more than 20 percent of the population lives in crippling poverty
(Baker, 2013). Poverty is usually defined in either absolute or relative terms. Absolute poverty refers to the standard of living, which is reflected in
satisfying the needs for basic survival (Rahim, Abidin, Ping, Alias, and, Muhammad, 2014). Relative poverty is reflected in the income gap between
the rich and the poor (Rahim, et al., 2014). The study of poverty is often linked to globalization, and the effect of globalization on the world's poor is
highly debated (Rahim, et al., 2014). This paper will discuss the overall effects of the income gap, both positive and negative views of globalization on
poverty, and an analysis of Adam's Smith quote in relation to the income differences between the rich and the poor. The gap between the wealthy and
the poor citizens of a country has an influence on the health, wellness, and overall economic growth of a nation.
Saudi Arabia Economy Saudi Arabia has developed into a wealthy nation over the last 30 years due to the export of oil to other countries around the
world (Sullivan, 2013). The

Saudi Arabia And The Islamic World
When it comes to the Middle Eastern continent the most significant and popular country is known as Saudi Arabia. The fact following certain aspects
and a shared history with Islamic religion makes it the most well known place in the world for Muslims as well as the entire Arab world. Saudi
Arabia lies and covers most of the Arabian Peninsula, inclusive of the Red Sea. The first concrete evidence of human existence in the Arab world takes
us back 15000 to 20000 years. Tribes of hunters and gatherers survived on this land, abolishing hunger through wild animals and plants. Over the
centuries, the peninsula has played the role in history as an ancient trade center and the birthplace of Islam, one of the most monotheistic religions that
exist in the world, even today! Saudi Arabia is not only the homeland of Arabs, but also the homeland of Islam. The Prophet Muhammad PBUH
founded Islam in the two holiest places in the Islamic world, Mecca and Medina, which to this day exist within the borders of Saudi Arabia. The
Kingdom of Saudi Arabia was founded by King Abdul Aziz in the early 1900's. After establishing Riyadh as his headquarters, Abdul Aziz captured
several neighboring areas, including Mecca and Medina, during the time period of 1924 to 1925 and during the process; he united the warring tribes
into one nation. Finally, on September 23, 1925, the country was given the name of Saudi Arabia, with Arabic as its national language and its
constitution being based on the Holy

The Oil Curse Essay
Saudi Arabia is a primarily oil–based economy, with oil being the most important component of the nation's rapid economic development since World
War II. U.S. geologists discovered oil in the region in the 1930s, and since exports expanded most notably in the 1960s, production and rich revenues
have been seemingly limitless. The amount of oil in Saudi Arabia's reserves amounts to close to a quarter of the world's entire oil resources, and today
the country produces about 10,000 barrels a day. As a result, the valuable resource currently accounts for 90% of the country's exports and contributes
to 75% of government revenues annually. During the 1970s, following the Arab–Israeli war, Saudi Arabia's economy was one of the fastest growing in
... Show more content on Helpwriting.net ...
The nation's inability to shift toward a more liberal state of affairs can be attributed to many factors, three of which in particular, will be examined and
discussed throughout this essay: the "rentier effect", the "repression effect", and the "modernization effect".
Throughout its history, a series of different dynasties and kings have ruled Saudi Arabia. Today, Saudi Arabia is in the midst of s the "Third Saudi
State". It was founded in 1902 by King Abdul Aziz Al–Saud, who conquered the remaining ruling families, and through the Treaty of Jeddah on May
20, 1927, was recognized as an independent realm by the United Kingdom. Since then, the Saud family has ruled the kingdom. The king is the head of
state and government and decisions are made through the consultation of senior princes in the royal family ("Third Saudi State").
Saudi Arabia is not an electoral democracy, nor is it considered by Freedom House to be "free", as it scores 7 out of 7 on its freedom scale (1–7, with 7
being "not free"). The Basic Law of 1992 declares that the Koran and the Sunna, which offer guidance based on the deeds and sayings of Muhammad,
form the country's constitution. The king appoints the 150 member Consultative Council, which serves as an advisory committee with very few powers
("Majlis Al–Shura (Consultative Council)". Legislation is introduced and passed by the Council of

How Is It Different Countries?
Sojood Abu–Rayyan
Sociology 1101
Dr. Petten, Irene
Dec, 7th 2015
How is it to be living in different countries?
Every country has their own culture because of national differences and history. Culture can be defined as the values, beliefs and perceptions of a
group of people. History, tradition and religion are the main influences on culture. This essay will analyze some of the main aspects of the political
systems, economic systems and systems of stratification and inequality in Saudi Arabia and UAE. As a woman living in one county could be totally
different than living in another one. Women 's status could be challenging in some countries and could be easy in another. Women 's status in each
society and culture differs in different ways around the world. In some societies, women 's status improved progressively, while in other, it dropped
or remained unimproved. Saudi Arabia has its own traditions that are carried from an Arab tribal civilization. There are many limitations on the way
of living are implemented both legally and socially. The lives of men differ from the lives of women in Saudi Arabia in terms of the political rights
that each one has, the job opportunities that each one can get, and the level of education that they have. This happens even though Saudi Arabia is an
Islamic country and these inequalities are not endorsed by Islam. In the national law, men have more political rights than the women. Legal rights in
Saudi Arabia are intended to be based on

Essay On Globalization And Trade Opportunities
Topic: Globalization and Trade opportunities
General Purpose: To Inform
Specific Purpose: To inform my audience about the opportunities brought by globalization when trade is concerned.
Thesis: Globalization trade opportunities as the world has become closer and tied in client demand and supply structures.
Introduction:
Distinguished Guests, Colleagues, Ladies and Gentlemen: As–salamu alaykum. It is an honor and a privilege to join you at this meeting, and to reflect
with you on trade opportunities between our two companies. With trade flows between our countries growing at an unprecedented rate, the timing of
your visit could not be better. Indeed, for many years, people have been buying and selling to one another from all corners of the world. It is
impossible for any country – rich or poor – as its economy grows, to stay away from a global market where free trade and free movement of capital
are pivotal to a strong economy. As a matter of fact, trade and investment increase job opportunities all around the world, and foreign money that comes
into our companies may result in access to wider markets. From trade opportunities to investment, the world has become closer, and tied in client
supply and demand structures. Therefore, it's important to acknowledge how important this meeting is for our two companies. Today, I will address the
three main arguments for trade opportunities, client supply and demand structures in this globalization era, and how instrumental they are in a
company's growth.
Key points:
First, I will discuss globalization and investment in the context of our venture
Second, I will discuss trade opportunities
Finally, I will discuss client supply and demand structures
I stand before you today as a representative of our company. As you know, globalization has enabled increased levels of investment. It has made it
easier for businesses to attract short term and long–term investment. And as a company specialized in construction materials, our goal is to expand our
distribution network to new countries such as Saudi Arabia – the largest economy in the Middle East. We are looking for a Saudi partner to embark in a
joint venture. There are several agreements ratified by the United States to

Saudi Arabia Is A Monarchy Built On The Foundation Of Islam
Saudi Arabia is located in the region of the Middle East and North Africa with a population of 28.3 million people. Our government is conflicted in
regards to a difficult position in the debate over climate change and the proposal to limit our carbon omissions by 15 percent in the next five years.
Our country, Saudi Arabia, has the world's largestoil reserves and an economy exclusively centered on the export of fossil fuels. Fossil fuels are
known to be the major drives of climate change, thus causing a problematic deliberation for our government. Our country has an arid climate, which is
highly vulnerable to the adverse effects of climate change–induced weather and global warming. Our fast growing economy is experiencing a rapid
increase ... Show more content on Helpwriting.net ...
Each province includes its own council that is responsible for advising the governor as well as dealing with the development aspect of the province.
As Saudi Arabia is an Islamic State, our judicial system is based on Islamic Law, with our King being the highest court of appeal (Sims, 2015).
Although we believe limiting carbon omissions by 15 percent in the next five years will reduce our oil exports and contribute to a catastrophic decline
for our economy, we are willing to consider should there be a national enforcement mechanism. We are willing to pursue international initiatives to
contest the issues of climate change, although we are one of the largest oil–producing countries. In order to comply, we demand reimbursement in case
of a future offset in losses in oil revenue. We as a country understand the effects of global warming and the fact that our future is deteriorated because
of it. However, many of our people do not recognize climate change as an immense issue that needs to be addressed. Many often believe that our
climate in Saudi Arabia is tremendously hot already; there is no point in limiting our carbon omissions, as the chance of lost revenue is present.
Additionally, with a growing economy, we will not have the ability to maintain sufficient standards of living with possible dwelling oil reserve revenue.
With enforced compliance, being one of the richest countries in the world, will attempt to influence the poorer countries to also limit their

Market Analysis : Saudi Arabia
Market analysis summary
Among the countries in the Middle East, Saudi Arabia contains some of the largest markets with over 27 million consumers and several global
enterprises. Saudi society is often described as young, dynamic and affluent which often cause rapid growth in several sectors. It has the world 's 19th
largest economy and the region 's highest influx of FDI. Public–private partnerships are not uncommon in the Kingdom which allows many avenues for
venture capital funding. Furthermore, public expenditures on education is around 5.8 percent of the country 's GDP which is the highest among the
Middle Eastern countries. Although the societies in Saudi Arabia have very different cultural and market norms than Western countries like... Show
more content on Helpwriting.net ...
Couples with a high level of education in Saudi Arabia tend to give more recognition and awareness of the woman's role in the family. Also, women
with higher levels of education in Saudi marriages tend to have stronger influences on purchase decisions and are often willing to pay more for quality,
comfort, convenience and mobility childcare services. Age and social class are also important factors to take into consideration when analysing this
market. Across the Saudi Arabian market there is a direct correlation between the social status and age of working couples and the preference for
convenient goods and services. In particular, as Saudi Arabian women get older in age they tend to seek and prefer products that give them more
comfort and a better quality of life. Research has shown that there is a strong sense of cultural unity in Saudi Arabia which means that members of the
same social group tend to live in the same area and use services that reflect their social status. In a major city like Riyadh, young entrepreneurial
couples in the middle to upper social class will likely gravitate towards the services offered by Canada Experts Daycare since it offers a more
convenient and better quality of life.
5.2 Target Market Segment Strategy
In order to establish consistent and reoccurring revenue streams, the company needs to establish a client base that is comprised of mainly full–time and
some part–time working couples. These

Political Economy : A Branch Of Social Science
Political economy is a branch of social science. The term of political economy has come from Greek word 'polis' means city or state and 'oikonomos'
meaning one who manages a household or state. So we can tell political economy thus can be understood as the study of how a country or household
is manage or governed taking into account both political and economic factors (David N Balaan)
According to Adam Smith "Politic al economy is a branch of science of a statement or legislature concerned with providing a plentiful revenue or
subsistence for the people, supplying the state or commonwealth with a revenue sufficient for public service" So we can tell that political economy is
about 1) Regarding to the economy role of the state 2) Interaction between political and economical process. 3) Based on property and wealth,
distribution of political power.
My topic is the political economy behind good relationship between the USA and Saudi Arabia. So it means the good relationship and behind this what
political and economical reason are working.
Relationship between USA and Saudi Arabia: The relationship between USA and Saudi Arabia is problematic. The two countries are fully different
from one another. One is ultraconservative Islamic absolute monarchy and another is secular democratic republic, but within them have special
relationship. The relation began from 1933. The formal president George W Bush and present president Barak Obama have close and strong
relationship with Saudi

Social Crisis : The Crown Prince And Saudi Arabia
Having Sophia being put into the technological spotlight is just the helping hand the Crown Prince and Saudi Arabia is looking for to get the notice.
Although this may be true, Saudi Arabia has not realized the other spotlight that Silicon Valley is likely to broadcast to the rest of the world as well.
Different corporations and coordinators identify Silicon Valley as the "new Hollywood" (Quinn) and that there are "personal connection(s) to
technology products and services, amplifying the interest when the industry is involved in an issue" (Quinn). So other than knowing about Sophia and
her citizenship, the rest of the world, being involved in technology, can see how Sophia is a scapegoat of Saudi Arabia making social change, but are not
... Show more content on Helpwriting.net ...
One to take away from UAE's strategy that Saudi Arabia needs to start implementing now is "social engineering is better at changing civic attitudes
than economics one" (Jones). The changes that were made allowed for the UAE to have "successful efforts at economic diversification"
(Indexmudi.com).
Otherwise, if Saudi Arabia does not make its necessary societal reconstruction now instead of pushing it out in the years to come, oil will not be the
only thing that is left behind. Switching over to the United States, in the South, two cities, both in the same predicament at Saudi Arabia and the UAE.
But oil was not the biggest source of income and the human rights issues rising was during the civil rights era. Birmingham, Alabama, and Atlanta,
Georgia were two cities that were predominant in the racially segregated South. However, Atlanta came to surpass its regional counterpart,
economically. The reason for that was due to the fact that Birmingham was not will to socially change, its "racial turmoil doomed its hope of regional
dominance" (Applebome). Atlanta saw that in order to have regional supremacy in the southeast, then the change that needed to make was a change
that could create positive within the city and that in return can create economic growth that was the end goal to reach for. Saudi Arabia will become the
past Birmingham as UAE is the future Atlanta.
In the final analysis, Sophia and having a city filled with other humanoid robots who are seen as

The Precarious Relationship between the United States and...
In the 1940's the United States brought on wave of globalization that ravaged Western Europe. Fast forward to 1979, and the United States is taking
advantage of the fear drummed up by the Iranian Revolution in order to secure its influence in Saudi Arabia. Saudi Arabia since then has seen a rise in
chronic illness that can be directly tied back to the presence of the United States in this area. After 1979 there was a significant spike in diabetes in
Saudi Arabia; it can be argued that increased American influence within the Kingdom is directly responsible for this rise in diabetes. Saudi Arabia's
fear after the fall of Iran in 1979 is two–fold. In the South Eastern part of the country there was a large Shia population that they feared would take up
arms against the current regime. In addition, Saudi Arabia had no military, while Iran had a huge force. From looking at a map, it is evident that Iran
and Saudi Arabia are only separated by a few miles. This is one of the major reasons that Saudi Arabia bought the access to nuclear weapons from
Pakistan; they would look like more of a threat to Iran. Added U.S. presence brought with it culture that would penetrate the native culture and become
intertwined with it. US intervention in Saudi Arabia is crucial in the rise of fast food and the development of chronic diseases such as diabetes and
obesity there. The fast food culture of United States can be linked to the increasing industrialization of food1. This change

Essay on The Global Economy and the Stages of Recovery
The global economy and the stages of recovery:
As is known, there has been a decline in global GPD growth rates during the last two years due to the global financial crisis which began in August
2007; it is considered one of the most serious crises experienced by the global economy since World War II. According to the latest update to the
World Economic Outlook by the International Monetary Fund (January 26, 2010), global GDP growth fell from 5% p.a. in 2007 to 3.2% in 2008,
dropping to –.08% by 2009.
According to the report, the world economy has begun to expand again, and there have been improvements in financial conditions. It is a significant
improvement, but it will still take time to return to where it was in the past. ... Show more content on Helpwriting.net ...
As can be seen in the capital markets indexes, the indicators fell sharply throughout the world without exception. This decline led to a loss of
confidence among investors.
Currently, the capital markets passed their nadir in the beginning of 2009 and the market has started recovering from all–time lows. In addition,
investor confidence has improved, while economies remain weak, although growth is expected. The majority have in fact returned to growth, albeit
only showing a slight rise.
Experts are split into two camps: the optimistic and the pessimistic, with some experts expecting a return of the recession while others anticipate
recovery.(Revisiting the global crisis,2009)
This table below shows the performance for some capital markets indices over the past three years according to CNBC: 20072008Change
(%)2009Change (%)
DOW JONES INDU AVERAGE NDX13,246.538,776.39
–33.75%10,428.0518.82%
NASDAQ NMS COMPOSITE2,652.281,577.05–40.54%2,269.1543.89%
S&P 500 1,435.65903.25–37.08%1,115.1023.45%
FTSE 1006,456.904,434.17–31.33%5,412.8822.07%
DAX8,067.324,810.20–40.37%5,957.4323.85%
CAC 405,614.083,217.97–42.68%3,936.3322.32%

HANG SENG INDEX27,812.6514,387.48–48.27%21,872.5052.02%
NIKKEI 225 15,307.788,859.56–42.12%10,546.4419.04%
SHANGHAI SE COMPOSITE INDEX5,261.561,820.81–65.39%3,277.1479.98%
Saudi Arabia
The Saudi economy in 2010:
A great number of reports expect an

Market Analysis : Saudi Arabia
Market analysis summary
Among the countries in the Middle East, Saudi Arabia contains some of the largest markets with over 27 million consumers and several global
enterprises. Saudi society is often described as young, dynamic and affluent which often cause rapid growth in several sectors. It has the world 's 19th
largest economy and the region 's highest influx of FDI. Public–private partnerships are not uncommon in the Kingdom which allows many avenues for
venture capital funding. Furthermore, public expenditures on education is around 5.8 percent of the country 's GDP which is the highest among the
Middle Eastern countries. Although the societies in Saudi Arabia have very different cultural and market norms than Western countries like Canada, the
increasingly competitive and deregulated economic environment has proven to be very beneficial for many companies in the private sector.
5.1 Market Segmentation
Our primary objective is to meet the local needs for child care services within the 10–mile radius of Riyadh. Since children will be taken in regardless
of whether they will be involved on full–time or part–time basis, Canada Expert Daycare will aim to accommodate working couples from a variety of
different segments in the market. The Saudi Arabian market for childcare services can be divided into several segments dependent on several factors
including education, age and social class. An important factor in determining the purchase behaviour of working couples in Saudi

Unemployment And Its Effects On Society
Problem Statement Unemployment is a very important problem that it is not only an economic issue, but it is related to the social and political issues.
Increasing the level of unemployment will decrease the level of Keynes' effective demand that is going to increase the investors' uncertainty and less
investments will take place. As a result, the economy as a whole will move from recession to depression and the unemployment is dramatically
increasing. On the other hand, unemployment has a direct impact on society in a variety of negative ways. A lot of studies found that the level of
crimes and drug users is high among unemployment citizens. The unemployed may consider crime as an alternative path to earn money. Finally, the
high level of unemployment, in most cases, could lead to instability in the political system due to protest against the existing political system. In
conclusion, unemployment is a complex issue that needs a lot of work to solve it. The full employment economic society is a precondition behind
economic stabilization and prosperity. This dissertation takes the position that relying on the private sector to solve the problem of unemployment is
historically not possible. Therefore, the government intervention towards solving the problem of unemployment is necessary. The government's
responsibility is filling the gap of unemployment by investing in projects that are usually not handled by the private sector due to small margin of
profit and high level of

Saudi Arabian Economy : An Introduction
Outline
Saudi Arabian Economy – An Introduction.
Initiatives taken by Government of KSA to Promote the Trade and Foreign Investment.
Saudi Arabia and the WTO.
Saudi Arabia and Foreign Direct Investment (FDI).
Appendix
List of References.
______________________________________________________________________________
Saudi Arabian Economy – An Introduction
Strong economic statistics and prosperous strategic financial positioning in the international market is the corner stone of any country's international
strategic positioning. Kingdom of Saudi Arabia, the third largest country of Asia after China and India, with population around 22 million owns a strong
economic prosperity The growth of Saudi Arabian economy has been accelerated manifolds during second part of twentieth century. This nation
building phenomenon is fortified with oil revenues segregated through the modernized institutes of establishment. Demographic studies reveal that with
3% population grown the Saudi folks will be doubled by 2020 and 65% of the total will fall in the ambit of less than twenty–five years. Following
these demographics, stake holders are paying special attention in the education sector, healthcare facilities, infrastructure, and industrial and agricultural
development. They have ample oil revenue that they are investing in these sectors. However, they have also considered domestic price for
telecommunication, electricity and power and petroleum products with the intent of

Relations Between Saudi Arabia And Trade Relations With China
I.EXECUTIVE SUMMARY
This report elaborates the steps and procedures for setting up a business in Kingdom of Saudi Arabia while maintaining the trade relations with China.
Saudi Arabia 's exchange with China could surpass $60 billion by 2015, given that the target of $40 billion by 2010 was reached in 2008. Amid
2003–2008, the China–Saudi Arabia exchange enrolled yearly development rates of 30% to 50%. In 2008, respective exchange surged by 64.7% to
$41.8 billion, well in front of the objective set in 2006. Exchange between the two nations added up to $12.71 billion in 2009, hit generally by the
global economic crisis. (Economywatch ,n.d)
On this note, this report analyzes the international business situation including the economic, ... Show more content on Helpwriting.net ...
Promotional activities, projected income statement and balance sheet for the first year is also shown at the end of the report. Planned growth of the
proposed business, including the financial resources is described at the end of the report.
http://www.economywatch.com/world_economy/saudi_arabia/export–import.html
II.INTRODUCTION
The purpose of the report is to make an International business plan. The type of business discussed through out the report is a medium scale business.
The products include mainly electrical Equipments. The country selected for doing this business is Kingdom Of Saudi Arabia. One of the main reason
to choose Saudi Arabia to start up this business because of the overall ease of doing business including the tax systems and geographic location which
will be later discussed in this report. The city chosen is Dammam, which is the industrial city of Eastern Province, Saudi Arabia. The main idea behind
choosing this division of products is due its increased consumption in the industry. Industrial sector in Saudi Arabia has been tremendously increasing
with growing number of industries. Dammam being a hub of industrial and residential region attracts lots of customers. This business will be done
through partnership with a Saudi National and in contracts with the Saudi government. Though the Saudi National holds

Influence Of Iran Relations On Fdi During Saudi Arabia And...
2.2.2.1 The influence of Iran relations on FDI in Saudi Arabia and Gulf Countries According to economic report of Aleq (2007) "Disagreement between
Iran and the West will not hinder the flow of investment to the Gulf" it has been confirmed that the international high tension between Iran and the
Western countries not affect the ability of the oil–rich countries (GCC) to attract foreign investment. As a result of the stability of their economies and
the high liquidity that they have. It has been stated in this report that, the Gulf region is in high–quality situation and is unlikely to change this
condition. If it is believed that there is any risk because of the war in Iran, the projects will be retreated. Many of the foreign capital aim to enter Gulf
region for investing and financing, especially from international banks, because of the economic and high commercial growth in these countries (Aleqt,
2007). In addition, it has been mentioned by Aleqt report (2207) that the Gulf States are aspirated by many of the foreign capital, many of international
and western banks plan and keen to enter this market in order to finance the growth economic and participate in infrastructure. Gulf states will spend
billions of dollars in the coming years. In contrast, in the case of nuclear programs, the development of nuclear weapons didn't affect the attraction of
investments in South Korea and other countries. Thus, The Iran's nuclear programs will not affect Gulf States in

Tourism Impact On The Economy, Economy And Environment In...
This study addresses the domain of tourism and hospitality practices as well as its positive and negative effects on the economy, culture and traditions,
and the environment globally and in Saudi Arabia. It also focuses on the need for more improvement and diversity on the tourism patterns. In addition,
the study hopes to provide an understanding of residents' attitudes towards tourism impacts on the culture, economy and the environment in Saudi
Arabia.
Today, tourism has become a global phenomenon being widely recognized in both regional and national levels. In fact, tourism is considered as one of
the fastest growing sectors in the world economy, thereby being viewed as a potential sector in raising tax revenues, providing employment
opportunities as well as promoting economic diversity (Khizindar, 2012). Goeldner and Ritchie (2006) indicate that the significance of tourism has
increased considerably through educational institutions such as universities as well as media, which are conduits of spreading the concept of tourism
and hospitality .For instance, Saudi Arabia is one of those countries in the Middle East, which is determined to promote tourism for growth and
sustainability despite belonging to those nations that have historically built their economies on oil and natural gas (Eid, 2012).
However, some studies indicate that tourists might have cultural, social, economic and environmental impacts on the local residents. In fact, these
recent studies have awakened

The Kingdom Of Saudi Arabia
In Saudi Arabia I am sure that there is probably more than one language spoken there but the number one language is Arabic. Did you know that the
Kingdom Of Saudi Arabia has that biggest continuous desert, in the world. Saudi Arabia is a country located in the Middle East surrounded by water,
and desert. Saudi Arabia is also known for being the 15th largest export economy in the world. Saudi Arabia is an amazing country. And I hope you
enjoy these pages filled with more wonderful facts about the Kingdom Of Saudi Arabia. Because Saudi Arabia is such a wonderful place to live it is
well populated with 28,160,273 people living there. Education is important to Saudis that live there. In the education process kids go to 2 years of ...
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Saudi Arabia tends to reach super high temperatures. In the summer more than 100 degrees Fahrenheit each day. In Saudi Arabia sand deserts stretch
for miles upon miles. With the sandy deserts when wind picks up they have some of the worst sandstorms. Bordering countries like Iraq and Oman have
some of the same weather. With the intense heat the people still are not allowed to wear anything that snows any part of the body. Modesty is up
most importance in Saudi Arabia. Clothing is always modest. In Saudi Arabia modesty is of utmost importance. Men usually were is a thobe ( an
ankle length garment that is worn over long pants) and a amamah or ghutra. The amammah is a headdress and a ghutra is a headdress is a headdress
for special occasions.then they were a bisht (cloak). Women were a face covering veil and a abaya or black cloak over a tailored dress or jeans and a
t–shirt. Tight fitting or revealing clothing is not allowed in Saudi Arabia. Saudi Arabia is the 15th largest export economy on the Earth. Saudi
manufacturers Oil, Petroleum, and Natural Gas. Their economic strength is one of the coolest things about Saudi. They export a lot of what they
make and make a lot of money doing it. They also export special and normal Vehicles around the Globe. Saudi Arabian history is pretty cool since one
major event just happened in August of 2015. It was about women

Essay on Comparative and Absolute Advantage
Comparative and Absolute Advantage
ECO 561
Alfred Igbodipe
7/24/16
Introduction
Due to the differences between the countries in its profitable fundamentals; the International Trade occurs. The contracts between the countries
consider as the primary driver of the global exchange. These contracts concluded on the basis of the countries beneficial elements and advantages. Each
international trade between the countries depends on numerous focal points of this exchange process. The economics and producers effectiveness
measured by absolute advantage for these economics/producers. For example; if the producer needs lesser amount of contributions/inputs to provide
specific product, then this producer has an absolute advantage in producing ... Show more content on Helpwriting.net ...
The growth rate of the U.S GDP stands at 3.23 percent from 1947 up to 2016(CuГ±at & Melitz, 2012). In the international trade, the absolute
advantage indicates the ability of the economy to conduct tasks appropriately. The comparative advantage identifies the economy, which produces the
goods with the lowest opportunity cost.
The United States has an absolute advantage over the technological products and services which are critical. Within the global markets, the U.S has
been able to provide tech products and services appropriately. However, it has comparative advantage of offering tech services while the absolute
advantage exists in technology design and providing industrial capacity. The U.S is a major exporter in the international markets of products such as
civilian aircraft, semiconductors, cars, car accessories, fuel oil, and organic chemicals among others. Such exports improve the U.S's comparative and
absolute advantage.
China
The economic growth rate of China rate grew by 1.8 percent following the measure of economic growth which is the GDP growth rate. The GDP
growth rate is one of the adequate economic growth measures. It indicates that the rate expanded 1.8 percent in the second quarter of 2016 increasing
from the previous quarter of 1.2 percent growth. It also surpassed the market projections of 1.6 percent expansion (Levchenko & Zhang, 2016). It
was the strongest economic growth

Saudi Arabia And Iran Relations Essay
Saudi Arabia and Iran are two countries that sit on opposite sides of the Sunni/Shiite divide, which can be argued as being the most prominent issue
the Middle East faces today. Saudi Arabia is predominantly known to be a Sunni state, while Iran is largely inhabited by Shia Muslims. Both countries
aspire to be the hegemonic powers of the region. Ethnically, Iran is known to be a Persian land, unlike Saudi Arabia that is known to be in the heart of
the Arab world. These two countries are separated by the Arabian Gulf and throughout the twentieth century and up until today, the relationship
between the two countries has been notoriously contentious. Within the past few years especially relationships between the two states have been very
fragile with Saudi Arabia ending diplomatic ties early in 2016. The two states are strained over many issues of which are, interpretations of Islam, oil
export policy and hegemonic regional leadership.
The current relationship between Iran and Saudi Arabia is contentious and competitive, however it can be said that it has improved since the twentieth
century when the two countries engaged in direct conflict. The two countries have a very similar political agenda, which they use religion and faith to
fulfill. They use the rally around the flag concept in order to strengthen their political agendas through their religious beliefs. The idea of a Sunni/Shitte
divide is not as immense within the country, but there is one. Saudi Arabia is more of a

Economic Development Case Study
Entrepreneurship assessment strategies for Economic Development: Developing an implementation case for Kingdom of Saudi
1.Introduction
Entrepreneurship is an extremely important aspect of the modern economy. Entrepreneurship entails improving business and the development of areas
that are good for a business, people and the overall economy of a country (Galindo, & MГ©ndez–Picazo, 2013). Since the need for entrepreneurship
has been widely discussed and proven through research (Isenberg, 2010; Khan, 2016; Rahman, 2014), it is important to focus on the frameworks that
can positively influence the structure of the country's economy.
The economy of Saudi Arabia is centered on oil hence entrepreneurship has also tended to be focused on oil and ... Show more content on
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The second set of literature sources was to provide information about Saudi Arabian entrepreneurship status. Gaps in the Saudi Arabian
entrepreneurship ecosystem were identified and proposed improvements were recommended for implementation in Saudi Arabia.
4.Entrepreneurship ecosystem in Saudi Arabia
Development of an entrepreneurship ecosystem is the need of time. The idea is to generate a field where the growth of entrepreneurs and their
respective firms is triggered and positively enhanced by support. Although this is a very complex area and requires support and collaboration of many
business firms and law bodies, but the implementation of such an environment can provide a way to keep the chain of entrepreneurship well sustained
in Saudi Arabia. The term entrepreneurship ecosystem is an innovation in itself. It implies the use of collaborations and business ventures for achieving
long term business success and sustenance of the job market for the locals. Shaping the economy could perhaps not be achieved in a better way than
the development of a sound entrepreneurship network.
The definition of entrepreneurship given by Zimmerman (2007) (cited by Khan 2016 p. 68) is "the recognition or creation of an opportunity, coupled
with action by an individual or group of individuals...". This leads to sustainable business ventures (Ibid.). The six

Relationship Between Entrepreneurship And The Economic...
BUSINESS RESEARCH METHODS
Introduction
This research seeks to establish the relationship between entrepreneurship and the economic development in Saudi Arabia. Entrepreneurship is the
process of managing, organizing and developing a business venture in a competitive environment that is dynamic (Kuratko 2016 pp3). An entrepreneur
is an inventor, leader, innovator, and pioneer and most significantly, a performer. The heart of a national advantage is often pegged on entrepreneurship.
The operation of an enterprise is within the entrepreneurship ecosystems that include governmental services and programs that support startups and
operational activities. Non–governmental organizations (NGOs) are also active in mentoring and advising entrepreneurs to ensure that their efforts and
goals are achievable. Naude (2010, p.108) articulate that the G20 summit held in 2008 highlighted the importance of entrepreneurship in the world
economic development.
Background and Management Problem Entrepreneurship activities support self–employment which in turn has an effect on the growth of productivity
(Audretsch, 2007, p.64). A debate on whether nations should adopt the self–employment policy or strike a balance is always contented. Italy tried the
self–employment model, and it proved to be inefficient for the development of the economy (Santarelli and Vivarelli, 2007, p.460). Entrepreneurship
also plays a role in the early development of industries. It increases productivity through

Impact of OPEC's Oil Pricing on the Petroleum Market
Energy resources are essential for national security, technological development, overall contemporary life style, etc. In this respect, oil is the main
source for worldwide economy. Peak oil would imbalance countries' economical situations and may lead to a chain reaction with negative effects on
multiple layers. Evidently, there is mutual interest to prevent such a thing from happening but the possibility is nevertheless considered. OPEC's initial
goal to ensure stable prices on petroleum markets in order to avoid any negative fluctuations did not always correspond. The organization actually
favored inflation more than in one occasion but its influence in controlling oil prices dropped considerably since 1973. It was proven that, having
quadrupled the price of oil, OPEC had in its hands the power to inflict economic hurt on the rich countries. (Beenstock 2007, p. 134) Although
OPEC does not completely control the oil market today, it nevertheless continues to be influent because its decisions to reduce production may lead
to either a decrease or increase of oil prices. OPEC's existence is dependent on the future of oil. Whether or not oil will dominate as the main
energetic source for worldwide economy will decide its future. Considering that OPEC's oil has been a vital source of energy during the last half of
century, (Khusanjanova 2011, p. 19) and that oil is expected to play a similar role within the next century, we can assume the organization will at least
maintain its

The Crisis Of The Global Oil Crisis
The global oil prices have fallen sharply since the second half of 2014, which has led to a series of economic problems. Oil prices have been stable
from 2010 until mid–2014, remaining at around $110 a barrel (BBC News). However, prices showed a sharp decline since June 2014 and have been
more than halved now (BBC News). Brent Crude oil is priced below $50 a barrel and US crude is dipped down to below $48 a barrel now (BBC
News). Oil prices shock is making the whole oil industry straggling. In particular, oil producing and exporting nations including Russia, OPEC
(especially Venezuela andSaudi Arabia), and United States are the major victims in the oil prices shock. They are suffering from a fallback in their
economy development due to the significant revenue shortfalls. Russia is suffering from a significant economy recession (BBC News). Brad
Plumer points out that economy in Russia is "facing a potential meltdown"; Venezuela is "facing unrest" and "may default on its debt"; and Saudi
Arabia will face heavy pressure if the price remains low even it has prepared for the shock (par. 7). Nonetheless, low oil prices are welcomed by oil
importers like Europe, Asian countries, especially China, Japan, and India because they can pay less for oil. Europe's flagging economies are
characterized by low inflation and slow growth, receiving 0.1% increase in economic output when a 10% fall happened to oil prices (BBC News).
China, the largest net importer of oil is surely benefiting

Protests: The Sunni-Shia Relations In Saudi Arabia
The Arab Spring That Never Was In 2011, parts of the Arab world were overtaken by a wave of protests and demonstrations that occurred as a result of
the anger and resentment that the people had towards the authoritarianism of the government. These people resented the lack of political and social
freedoms and economic opportunities that was being offered. In response to this, the citizens of Egypt, Tunisia, Yemen, and Libya were able to
overthrow their regimes. Syria and Bahrain dealt with civil wars of which Bahrain was able to crack down on, while Syria is still dealing with major
civil unrest six years later. Major protests broke out in other Arab nations, such as Iraq, Jordan, and Sudan. Saudi Arabia, on the other hand, only dealt
with ... Show more content on Helpwriting.net ...
This article focused more on how the survival of a regime relied on the willingness of the military to defect and low levels of social mobilization.
Because the levels of unrest and turnout was too large for the police to handle, the military was sent out in order to control the masses. In general,
the military has three missions; to defend its country, maintain security and order, and to maintain their own institutional interests. Militaries that
were organized along institutionalized lines were less likely to shoot at citizens (such as in Egypt and Tunisia) than militaries organized along
patrimonial lines and therefore are more invested in the survival of the regime (such as Syria, Bahrain, Libya, and Saudi Arabia). (Bellin 2012) As
a result, the military in Egypt and Tunisia are more likely to see their regimes fall which is exactly what happened during the Arab Spring. Also, in
Saudi Arabia levels of social mobilization were extremely low and so was access to social media and more liberal television compared to other
countries, so therefore they were not able to meet the second condition that allowed for the Arab Springs to be more successful in all these other

Environmental Consequences Of Fracking
The various ties between the Organization of Petroleum Exporting Countries and the United States of America has always ebbed and flowed.
American–OPEC relations have been strained by events such as the increase in oil prices in 1973 in retaliation of the American support of Zionist
terrorists that the U.S. would call "Israel", but now, the various economies of OPEC nations themselves could be under threat.
The United States of America has invested more energy and resources into more expensive and more controversial methods of obtaining oil andnatural
gas such as horizontal drilling and hydraulic fracturing– the latter commonly known as fracking. However, the emerging American industry also poses
severe political and environmental consequences.

International Capital Flow Directly Depends On A Country...
2.3.2 Fixed Currency
Albuquerquw, Loayza, and Serven (2005) have determined that international capital flow directly depends on a country's financial situation and level
of development.Abadie and Gardeazabel (2007) agreed that the stock markets are the main source of FDI, it is well known. But foreign firms that have
been purchased through the stock market are in desperate need of financial services. This way, as a prospective investor makes decisions regarding his
investments, he will be able to take into account the country's financial development and banking development, and determine how such factors will
ultimately affect their investmentsAccording to Campa (1993) as with all investments, there is always a potential risk ... Show more content on
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Consequence, it leads to a rise the imports cost for the Kingdom. Saudi economy has suffered from increasing import prices of food commodities,
which constitute about 26 per cent of the index price. It had recorded until 17th March 2008, increasing in food commodities were denominated
by dollars of 62 per cent compared to last year. Which is reflected negatively on the balance of payments, as well to a decrease in the value of
money earned from exports. That means the double of negative impact of exchange rate depreciation of the dollar. According to study prepared by
the Bank (SAMBA), the Kingdom has lost during the period between 2003 and 2004, more than four billion riyals as a result of exchange rate
depreciation of the dollar. Based on the adopted standard of SAMBA's report, is expected to reach the sustained losses of the Saudi economy
nearly 30 billion riyals, because of the low dollar exchange rate, since 2003 until now (The effects of terrorism in the Saudi economy, 2008)."The
level of the dollar is concerned and the decline is impacts the purchasing power of oil producers of OPEC," the Minister of Petroleum and Mineral
Resources was quoted as saying, expressing his concern about the dollar's decline.The depreciation of the dollar has contributed to decline the actual
value of financial assets of Saudi Arabia at home and abroad. SAMA (Saudi Arabian Monetary Agency) has

Youth Unemployment And Its Effects On The Economy
Shaima Saklou Mrs. Lauren Schuberth Mr. Kyle Burkett Level 9 Reading & Writing 22 February 2017 Youth in Unemployment in Saudi Arabia
Unemployment is a phenomenon that occur in any country across globe. It considers as very essential topic because its effects on the country. The
unemployment rate is one of the most prominent issues discussed today by politicians, news commentators, and economists. Therefore, higher
unemployment rate between youth could affect the economy, politics, and other factors. Many countries across the globe spend a lot of time and effort
trying to control the rate of unemployment and its growth within the economy. This is due to the fact that increased youth unemployment affects
negatively the... Show more content on Helpwriting.net ...
The first one is frictional unemployment which is the result of imperfections in the labor market is very common in all societies irrespective of their
stage of development. The second one is the technological unemployment, which is the result of the lack of the skill of labor force and it is
considering in the case of Saudi Arabia. Lastly, seasonal unemployment which takes the form of temporary lay–offs experienced through the labor force
because the seasonal nature of their employment for instance , farmers are the main issue of this kind of unemployment. As well as, the people who
work fundamentally through the Haj pilgrimage season are belonging same type. According to IMF indicates that the unemployment rate among Saudi
nationals has reached 12%. The youth male (30%) and females (35%) are particularly affected by the country's unemployment problem. The increasing
unemployment rate in Saudi Arabia, specifically in youth, has made it important to understand the causes and impact of youth unemployment as well
as investigating solutions. Therefore, this paper is going to investigate the following: –What factors that causes a higher rate of unemployment among
youth in Saudi Arabia? –What the impact of youth unemployment in Saudi Arabia? –Why other countries for instance Qatar country has a lower rate
of youth unemployment than Saudi Arabia? –What types of polices that Saudi government can do to

The Importance Of Marketing In The Saudi Arabia Market
Today we are honored to have you all; members, employees, clients and companies, to launch our product and advertise for it in the Saudi Arabia
market. Just before getting started, I want to welcome special guests from Saudi Arabia; a dear country, who are participating in this gathering. It is
not a surprise from business men who were born in a country that thrives for innovation and advancement, to cross the ocean and bare the fatigue of
this long travel to be with us today. Thanks for your presence. Saudi Arabia is illustrious for its remarkable oil production. "Over the last decade, the
Kingdom witnesses an average annual increase of eight percent in electricity demand, with the number of subscribers significantly rising by an... Show
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The geographic feature of this country gives the solar energy an advantage over other sources like wind and geothermal power especially that the
latter require many wires, cords, and power sources. Solar energy is induced with the help of solar panels. These panels convert the sun's rays into
electricity by exciting electrons in silicone cells using the photons of light from the sun. "In other words, sunlight is composed of miniscule particles
called photons, which radiate from the sun. As these hit the silicone atoms of the solar panels or cells, they transfer their energy to loose electrons.
Then, solar cells need to herd these electrons into an electric current" (Physics. org, n.d.). Consequently, the solar energy needs only sun rays to
become beneficial and practical for everyday use. The solar panels' installation isn't complicated at all since there is no need of wires and power
sources. This makes installing solar panels in areas where there are no power cables tremendously easy. Having three gigantic desserts in the Saudi
Arabia, the government can facilitate the development of these areas through the installation of PV panels. Besides, a very small maintenance is
needed compared to unrenewable energy generators. This aspect elucidates that solar energy equipment lasts for a lifetime. Money invested in this
domain isn't in vain. Moreover, one imperative aspect of the installation of the photovoltaic cells

Saudi Aramco Essays
Saudi Aramco
The largest world supplier oil company is Saudi Aramco. It is the most profitable company on the earth. Since it is the most powerful oil company, it
has a great impact on the world economy. As a result, a strong international relationship was built with the Kingdom of Saudi Arabia. In addition, the
strong developing of international relationship with other industrial countries resulted in massive contributions to the politics, economy, and many
different aspects. In 1933, Saudi government bestowed oil concession to California Arabian Standard Oil Company (Chevron). The main factor for this
grant was to explore the oil in the eastern region of the Kingdom of Saudi Arabia. After discovering a huge amount of oil, part of the ... Show more
content on Helpwriting.net ...
Therefore, the Arab Peninsula was not like other Arab countries which were colonized. Arab Peninsula which eventually became Kingdom of Saudi
Arabia remained relinquished with no boundaries. After King Abdul Aziz who was supported by Great Britain united Arabs and defeated the hostiles
in quarter of century of severe wars began to search for investments in order to reinforce his economy. He was urging British Petroleum to explore the
oil in Saudi Arabia while the British Petroleum company was negotiating with him not for interest but for preventing other companies to enter this
area. However, a former British official who had left his service and converted to Islam became a loyal adviser for King Abdul Aziz, John Philby,
and so he did a great job bringing foreign companies to the Kingdom. In fact, he was the one who suggested opening a competition among the oil
companies. Taking that suggestion, King Abdul Aziz signed a sixty years oil concession agreement with Chevron in 1933 covering the whole eastern
region of Saudi Arabia. Faced with such difficulties exploring job, Chevron had to sell 50% of the concession to Texaco. Surprisingly, that area
became the richest oil area, and it still is even today.
Interconnecting with the USA:
It was vital to nationalize Chevron and Texaco due to many factors. First, the two companies were concerned that the Nazi move might come through
the Persian Gulf. Another factor was the

Saudi Arabia Case Study
The Saudi Arabian marketplace is recovering from a declining price of oil, their number one source of income. Since the price of oil has been
declining over the last few years, the oil market and therefore the county has been functioning in a deficit. Since there no personal income tax, the
government relies heavily on the oil. They have been trying to get more foreign investors by and they have been doing that by selling bonds, $17.5
billion to be exact. (Kim, 2016) "Saudi Arabia has also started a new strategy dubbed Vision 2030 that aims to break the country's "addiction" to
crude." (Egan, 2017) Saudi Arabia is also wanting to invest money in the United States' economy. They did that by recently pledging $ 20 billion for
American ... Show more content on Helpwriting.net ...
For that reason, the country ranked in 28 in that category. Registering property became more efficient because of the new technology making the
process easier for everyone. (The World Bank, 2017)
Getting credit ranked 2 out of 12 on the strength of legal rights index. The government also made make an amendment that made secured lending more
flexible. The government highly recommend that if you go through an established company like a partnership to get into business in Saudi Arabia, you
will have a better chance. When it comes to protecting minority investors the country comes in the middle of the pack. They strengthened the
protections of investors by strengthening ownership and control structures of companies and by increasing corporate transparency requirements. Which
a great benefit for minority investors. (The World Bank, 2017)
Saudi Arabia does not a personal property tax, a benefit to their citizens; because of this, corporations are taxed at a higher rate of 20%. (Trading
Economics, 2017) This can pose a problem as the country is needing outside corporations to do business within Saudi Arabia to generate income. The
government also made enforcing contracts easier with an electronic filing system, which makes things contracts more accessible and they can be
processed faster. When it comes to resolving insolvency, the Saudi Arabia government has made strict deadlines for bankruptcy procedures. (The World
Bank, 2017)
The

Advantages Of Porter's Diamond
In the book "Competitive Advantage of Nations" Wearing traditional economic trade ideas and present them to explain economic phenomena of failure.
Since then he has developed a new paradigm of competitiveness of the country or industry, which used to describe the "model Diamond" The four
determinants of competitiveness of the industry model explains. As labor qualified and infrastructure, such as factors of production, such as the
position of (1) the country factor conditions or industry, (2) country or market such as the sophistication of demand conditions customers, (3) the
organization of these companies and their circumstances as the nature of domestic rivalry and related industries, and (4) business context.
Porter's Diamond
Porter, ... Show more content on Helpwriting.net ...
The role of Saudi Arabia is such that the government, the government of Saudi Arabia, the GCC countries are integrated so that it should reform its
policies against foreign competition is successful and the power of a union. to promote the industry is very effective and excellent in any outside
power can significantly affect its economy. GCC single currency can not be achieved by 2010, though as capital resources and the work of a single
market for the free movement is reached. Such a union is an economic logic, conditioned by foreign policy, foreign policy and domestic policy does
not allow the Union to play an effective

The United States And Saudi Arabia
It's a particularly noteworthy development when oil prices are down by 50%. During the past decade, the price of oil has traveled from $60 per barrel
to its peak of $146 during 2009, then in 2015 it fell into a steep decline again to below $50. Since oil is sold in a global market, the increase or
decrease of its price has a tremendous impact on all economies throughout the world. This research goes in depth on how the shift in oil prices has
affected Saudi Arabia and the US's economies, the world's biggest oil producers. The issue will be broken down to three components; a brief
summary of the laws and regulations that possibly affected the change in oil prices, how it is currently affecting the US and Saudi Arabia's
economies, and their quest for alternative solutions. The purpose of this research is to analyze how both the United States and Saudi Arabia have
been affected and what progressive measures they are willing to take in response to the steep decline of oil prices.
Origin of recent decline in oil prices Aside from the 2008 crisis, prices of oil have never been cut in half in a matter of months since 1900 – until just
recently in 2014. What might've caused this steep decrease in prices? Well, it appears as though the surge in US oil production had a primary role in
breaking the market. Meanwhile, demand had remained fairly stagnant. Extensive federal intervention into the United States' oil and gas markets began
back in 1930s and continued well through the

America's Kingdom And The Narrative Of Empire Analysis
America's Kingdom and the Narrative of Empire The story of Arabian American Oil Company (ARAMCO), the United States, and Saudi Arabia is a
tale that has been told countless times throughout the history of mankind. ARAMCO is another chapter in the endless saga of empire and global
capitalism that has spread around the world with the aid of multinational corporations over a period of several centuries. Many of the techniques used in
Saudi Arabia beginning in the 1930s were similar to practices used throughout history as empires expanded and a global economy was formed. Aside
from the adoption of several "exceptional" policies in their relationship with Saudi Arabia, ARAMCO continued trends of capitalism established long
before the movements towards empire and national economy ... Show more content on Helpwriting.net ...
Lenin as the third stage of capitalism, as capital and money came pouring into the region through the hands of ARAMCO and the United States. This
was a natural phenomenon, which ultimately made ARAMCO into an imperialist corporation based upon the notion that "imperialism is the monopoly
stage of capitalism." ARAMCO's imperialist actions granted the United States access into the Middle East to protect the largest American investment in
the world, and "ARAMCO in turn was the mechanism through which the United States secured what the policy makers liked to imagine was control
over the world's single largest untapped source of a vital resource, oil." Imperialism for governments was the same practice used throughout the world;
the British East India Company gave control over the region to England, and the United Fruit Company gave some control to the United States over
Central and South America. Many of the actions done by ARAMCO were practices that had been employed for centuries by other international
companies, but Saudi Arabia required adaptation of policies specific to its region when dealing in international

Economic Growth And Saudi Arabia
Economic Growth in Saudi Arabia
Saudi Arabia has an economy that is largely dependent on oil, with the government maintaining the biggest control over the country 's significant
economic activities. Saudi Arabia owns about 16% of the global oil reserves and is the number one exporter of oil (Saudi Arabia, 2013). In addition, the
Kingdom of Saudi Arabia was instrumental in the formation of the OPEC (Organization of the Petroleum Exporting Countries) group, which initially
comprised Iraq, Venezuela, Iran, Kuwait and Venezuela (Energy indicators, 2004). Currently, the petroleum industry constitutes about 80% of the
country 's budgetary incomes; about 40% of the country 's GDP and 87% of Saudi 's export earnings. Agriculture, in addition to petroleum products, has
been a major contributor to the kingdom's economy since 1970s (Saudi Arabia, 2013). The country has been able to produce enough agricultural
products for their consumption as well as surplus for exportation to the GCC member countries.
Saudi 's Pattern of Economic Growth
Initially, Saudi Arabia was largely a subsistence economy, gaining its revenues from subsistence agriculture and sale of natural resources. The Saudi
population was highly dependent on subsistence farming and was very poor, given that climatic conditions in Saudi Arabia are not favourable for food
production. However, the situation drastically changed when oil was first discovered in 1930 's. Although a highly sought after commodity, oil prices
were

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