Saudi Arabia

Saudi Arabia

Background: -

1 - Capital: Riyadh

2 - Total area: 2,000,000 square kilometers

3 - land border :

Bounded on the north of Iraq , Jordan and the Red Sea to the west and south Yemen and the Sultanate of Oman and the Middle Kuwait , Qatar and the United Arab Emirates Altdhualbharin associated with the Kingdom through the King Fahd Causeway on the Arabian Gulf .

4 - Population: 28.29 million in 2012

5 - Languages ​​:

Official Language: Arabic

Other languages ​​: English

7 - Currency: Saudi riyal

8 - Major religions : Islamic

9 - The time difference over the timing of the Kingdom ( 3) hours ahead of Greenwich Mean Time

The most important cities: -

Mecca

There Umm Al-Qura University, and the headquarters of the Organization of the Islamic Conference.

Medina

There is the Islamic University, King Fahd Complex for the Printing Mus.

Riyadh

Is the capital of Saudi Arabia, by all ministries and foreign embassies and consulates , Yamamah Palace , the Shura Council, the Conference Palace , King Khalid International Airport , Stadium King Fahd International Complex, television, Diplomatic Quarter , King Saud University, the University of Imam Muhammad bin Saud Islamic University, area government palace , King Fahd Security College , King Abdulaziz military College , King Faisal air College , Specialty Hospital , King Khalid University Hospital , King Khaled Hospital Eye Hospital, King Fahad National Guard .

Jeddah

It seaport head , so he was its fundamental role and historical as port and gateway to the holy land , and transit point for commercial traffic , making it at the present time the most important center for the import and distribution in the Kingdom and are therefore in control of most economic activity to the presence of the sea port and air .

Dammam

Oilfield area is famous for , and the headquarters of Saudi Aramco, and the Jubail Industrial City , and King Abdul Aziz Seaport , PE iron lines of Saudi Arabia, King Fahd Park , King Fahd International Airport .

Economy : -

 Imports details: -

important  Imports

2010

2011

Annual percentage change in 2011

Electrical machinery and equipment

990.27Million Saudi riyals

132.246 Million Saudi riyals

33.5 %

Foodstuffs

632.02 Million Saudi riyals

750.33 Million Saudi riyals

18.7 %

Chemical products

567.48 Million Saudi riyals

697.95 Million Saudi riyals

23.0 %

Textiles

133.87 Million Saudi riyals

169.38 Million Saudi riyals

26.5 %

Metals

495.24 Million Saudi riyals

662.25 Million Saudi riyals

33.7 %

Wood

936.3 Million Saudi riyals

143.31 Million Saudi riyals

53.1 %

Transportation Equipment

736.28 Million Saudi riyals

771.41 Million Saudi riyals

4.8 %

 

 

 

The value of imports : -

119.1 billion dollars in 2011  

136.8 billion dollars in 2012

Key partners:

China: 13.5% United States: 13.2%

  South Korea: 6.7% Germany: 6.2%

India: 6.3% Japan: 6%

The most important exports

important exports

2010

2011

Annual percentage change in 2011

Crude Oil

710.375 Million Saudi riyals

1.68659 Million Saudi riyals

50.4 %

Refined products

968.01 Million Saudi riyals

122.393 Million Saudi riyals

26.4 %

Petrochemicals

821.00 Million Saudi riyals

114.680 Million Saudi riyals

39.7 %

Building materials

905.8 Million Saudi riyals

103.32 Million Saudi riyals

14.1 %

Agricultural and food products

110.74 Million Saudi riyals

126.05 Million Saudi riyals

13.8 %

other products

323.77 Million Saudi riyals

389.51 Million Saudi riyals

20.3 %

 

The value of exports :

$ 364.6 billion in 2011

395.0 billion dollars in 2012

Key partners :

 U.S. 14.3 %

China : 13.7 %

Japan : 13.7 % , Singapore 4.3%    Korea : 9.9 % India : 8.2 %

  

The relative contribution to the GDP by sector in 2011:

61% of the oil sector

39% of non-oil sector

GDP by major economic activities at constant prices for 2011:

24% mining and quarrying

Manufacturing 12.5%

13% Finance, insurance and real estate

9% Wholesale and retail trade , restaurants and hotels

7 % Construction & Construction

4.7% agriculture and fishing

7 % Transport , storage and communications

2% of public utilities ( electricity . Gas , water ) .

The rest of the activities20.8%

Economic indicators : -

1 - GDP U.S. $ 576.8 billion (2011)

                  

2 - per capita share of the total national income : U.S. $ 20.388

 

3 - Mmadl of economic growth:

7.4% in 2010

8.0% 2011

4 - forecast gross domestic product growth ( GDP ) , according to the International Monetary Fund ( IMF ) : 2013

5.3% 2013

5 - inflation rates :

5.3% 2010

5.0 % 2011

6 - Manpower: 8.6 million workers

7 - The average per capita income : $ 25,000

8 - Exchange Rates

In relation to the U.S. dollar : 3.75 (2011)

3.75 ( 2012 )

9 - Taxes :

Personal income tax : salaries Almazvin not subject to tax

Corporate income tax : 20% with the exception of entities operating in oil ranging from 30 % to 85 %

10 - budget surplus : $ 3.2 billion

 

Investor confidence :

A Saudi heart of the Middle East and North Africa for about 400 million consumers in countries with rapidly growing economies.

Accelerated growth rate enjoyed by the Kingdom's economy, with 28 million consumers and a balanced economy rate contributed significantly to raising the gross domestic product (GDP), making it the largest economy According to a report issued by the indicator of liquidity of the "Foundation for the Milken " the World (2010) that Saudi Arabia topped the countries of the world and ranked 20 in the classification in terms of the macroeconomic environment , which means the viability of such an environment for the management and financing of projects, including by agency low and stable interest rates and inflation levels in addition to low taxes compared with international levels

 

Volume of trade exchange between Egypt and Saudi Arabia:

Imports from Egypt : SAR 702.1 million

Exports to Egypt : SR 592 million

 

Agreements that have been signed between Egypt and Saudi Arabia

 

1: a cooperation agreement in the field of trade and investment and the transfer of passengers and signed in 1990

 

Infrastructure: -

Total paved airports : 82

Airports unpaved : Total: 132

 

Ports :

Ports in the Kingdom is divided into a number of species perhaps the most important :

• commercial ports : King Abdul Aziz Port in Dammam - Jeddah Islamic Port - King Fahd Port in Jubail - King Fahd Port in Yanbu - Port of Jazan .

• industrial ports : King Fahd Industrial Port in Jubail - King Fahd Industrial Port in Yanbu.

• Almaani oil : the port of Ras Tanura - Port Ju'aymah - Ras Al Khafji port - the port of Rabigh , King Fahd Industrial Port in Yanbu ..

 

About the road network and condition : -

221.372 include kilometer ( 3.891 mile highway )

Paved , including : 47 529 km

Non- smoothed including : 173 843 km

 

 

 

Natural Resources: -

The oil and natural gas of the most important natural resources in the country , with a reserves hard of crude oil, 260.5 billion barrels and daily production of more than 11 million barrels and is being raised to 12 million barrels during the next few years and total exports of crude oil more than 8 millions barrels per day. And natural gas 180.5 trillion standard cubic feet . Besides that there is mineral wealth variety has been detected 4,200 reservoir metal included gold ( reserves of 9.5 million tons between the ratio of the pillars of gold from 2.5 to 27 g / t) , silver, copper , zinc, lead, iron , aluminum and rare metals , uranium and industrial minerals , phosphate, coal and raw materials for construction.

 

The most important banks: -

 The National Commercial Bank

 The Saudi British Bank

 BSF

 SHB

 The Saudi Investment Bank

 Arab National Bank

 Bank Al Bilad

 Bank Al Jazira

 Riyad Bank

 Samba Financial Group (SAMBA)

 Al Rajhi Bank

 Development Bank

 

Universities : -

• Umm Al - Qura University

• Islamic University

• University of Imam Muhammad bin Saud Islamic University

• King Saud University

• King Abdulaziz University

• King Fahd University of Petroleum and Minerals

• King Faisal University

• King Khalid University

• Qassim University

• Taibah University

• University of Taif

• University of Hail

• University of Jazan

• Jouf University

• University of Baha

• University of Tabuk

• University of Najran

• University of Northern

• University of Princess Nora Bint Abdul Rahman

• University of King Saud bin Abdulaziz University for Health Sciences

• University of Dammam

• Prince Salman University in Al - Kharj

• University of blonde

• Consolidated University

• University e - Arabia

 

 

Holidays in the Kingdom as follows

 

• Weekend : Friday and Saturday

• Eid al-Fitr holiday :

• start of the twenty - fifth of the month of Ramadan to the fifth of the month of Shawwal and duration of ten days and even weeks by compatibility with the weekend

• Eid al-Adha holiday :

• start of the fifth month of the argument to the XV thereof

• The failure of government departments and institutions during these holidays .