Post on 16-Nov-2014
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transcript
- Anand Saraff
Calcutta Business SchoolFaculty :Mrs. Devdasan
CONTENTS
Introduction Geography Government Economy Development & Foreign Land Culture Random Facts
INTRODUCTION
Capital: Riyadh
Climate: Harsh, dry desert with great
temperature extremes (-12.0C to 50.0C)
Population: 27.6 million including an estimated
5.5 million resident foreigners (July 2006 est.)
Currency : Riyal
Religions: Muslim 100%
GEOGRAPHY
Arabian Peninsula - Largest Country
Bordered by - Jordan, Iraq, Kuwait, Qatar,
UAE, Oman and Yemen
Landmass – primarily desert and semi-arid regions
Arable land – less than 2 percent
Coastline - along Red Sea extending for 2,640 kms
GOVERNMENT
Monarchy - Ruled by sons and grandsons of the first king,
Abd Al Aziz Al Saud
Qur’an - constitution of the country Governed on basis of Sharia(Islamic Law)
Council of Ministers - appointed by King Consists of a prime minister, the first prime minister and twenty
ministers
Advises on general policy formulation and directing bureaucracy
Elections – No recognized political parties or national
elections(only local elections)
ECONOMY
Primary Source – Oil Industry Accounts for 75% of budget revenues and 90% of export earnings
Comprises 45% of the GDP (private sector – 40%)
Has about 24% of world’s proven petroleum resources
Private Sector – Privatizing industries such as power and
telecom
Diversification – launched a new city “King Abdullah Economic
City” on west coast Total investment exceeding $26.6 billion
Includes petrochemical, pharmaceutical, tourism, finance and education and
research areas
DEVELOPMENT & FOREIGN LABOUR
Growth – one of the few fast growing countries with a high per
capita income of $20,700 (2007)
Economic Cities – plans to launch six cities like “King Abdullah
Economic City” by 2020 Intended to diversify the economy and
Increase the per capita income
Labour Force – significant portion from foreign
countries (primarily South, South-East Asia)
Skilled Force – Banking and service professionals seek work in
the kingdom
CULTURE
Islam – two holiest sites, Mecca and Medina are located here Public practice/possession of non-Islamic religious materials not allowed
Annual cultural festival
Al Ardha – involving swords, it is the country’s national dance
Dress – Strict adherence to hijab(Islamic principle of modesty) Loose and flowing garments well suited to the climate
Women are required to wear an abaya or modest clothing in public
Food – pork and alcohol strictly forbidden Khobz(unleavened bread) eaten with most meals
Arabic tea is a famous custom for formal/informal meetings
Film and Theatre – Public theatres and cinemas banned DVD’s though of Western movies are legal and widely available
RANDOM FACTS
Welfare state – Oil exports have facilitated the
creation of a welfare state
First-ever female minister was appointed in February
2009(department of women’s education)
Women are banned from driving on public roads(may
be lifted soon)
Rub’ al Khali is the largest sand desert in the world
15 of the 19 suicide bombers of 9/11 were Saudis
THANK YOU