Saudi Arabia
March 1, 2000
King Fahd's ailing health has basically reduced him to the country’s leader in title only. Poor health is presumed to have kept him from attending the funeral of his son, Prince Faisal, in August 1999
February 29, 2000
International Saudi football star, Yusuf al Thunian, won't be putting on his cleats again this season. The team's president, Amir Bandar Ben Muhamma
February 21, 2000
Pilgrims from all over the world are pouring into the Kingdom every day to fulfill one of the five pillars of Islam -- the Hajj. The Saudi Airlines,
February 20, 2000
It's the deal many foreign and local investors have been looking for. In a recent interview to al Sharq al Awsat daily, the Saudi electricity and ind
February 14, 2000
Investment Incentives The Foreign Capital Investment Regulations provide for a number of investment incentives to foreign companies and individuals wishing to conduct business in Saudi Arabia. The
Banking and Currency Foreign Currency Control There are virtually no currency exchange restrictions in Saudi Arabia. Exchange for payments abroad may be obtained freely, and there are no taxes or
Legal Analysis The Saudi Arabian legal system is based on Islamic law, the Shari’a, with the Koran providing the most important source of law. Nonetheless, Royal and Ministerial Decrees are periodic
Foreign Investment Foreign direct investment in Saudi Arabia reached an estimated $15 billion in 1997, with $7 billion coming from the U.S. Other countries with FDI in the kingdom are: Japan, Brita
Saudi Arabia boasts the largest economy in the Gulf and is represents the world's largest oil producer and exporter. It has the world's greatest proven oil reserves, 25 percent, equaling some 261.5 bi
General Population 20.2 million (1999) Population Growth Rate/yr. 3.4 percent Religion Islam Government Monarchy and a Council of Ministers Languages Arabic (English is widely spoken)
February 9, 2000
Coca Cola earned serious bragging rights yesterday when it was announced as the official beverage of the Ganadriyah Festival. This two-week annual e
February 8, 2000
The Saudi Commerce Minister Osama Al-Faqih urged the international community to reach consensus on judicial measures and codes to regulate world-wide
February 7, 2000
Two matches will kick off the quarter finals of the Asian Football Champions Cup tomorrow in Riyadh at the King Fahd International Stadium. Al-Sharq
February 3, 2000
The percent of working Saudi women is expected to rise from 0.5 percent a decade ago to 7.4 percent during the next 5 years, according to Nada Al Faye
If you are furniture exporter or supplier, it's time to look at the growing number of opportunities in the Saudi market. According to a recent report