![Society Value - Parents
• The Saudis Inspired the relation with their
parents, from this quote "Your Lord has
decreed that you worship none but Him and
that you be kind to parents. Whether one or
both of them attain old age in your life, say
not to them a word of contempt, nor repel
them, but address them in terms of honor.
And out of kindness, lower to them the wing
of humility and say, "My Lord! Bestow on
them Your Mercy even as they cherished
me in childhood." [Noble Quran 17:23-24]
• Parents has a great status and that derived from both Arabic and Islamic culture,
that commands kindness, respect and obedience to parents and specifically
emphasizes and gives preference to the mother as said in a famous narration
'Paradise lies at the feet of your mother'](https://image.slidesharecdn.com/finalpresentation-150321062219-conversion-gate01/85/Saudi-Arabia-Presentation-Saudi-Culture-Saudi-Women-rights-Saudi-Food-Saudi-Economy-Saudi-Socity-what-is-the-real-Saudi-Arabia-Video-18-320.jpg)
![Banking System
• Saudi Arabia has a modern banking industry with 13 commercial banks. Saudi
banks provide retail and corporate banking, investment services, brokerage
facilities, and derivative transactions in addition to credit cards, ATMs and point-
of-sale transactions.
• There are also banks in the Kingdom that provide Islamic banking services.
Islamic banking is a system of banking that is consistent with the principles of
Islamic law (Shari’ah). It prohibits usury, the collection and payment of interest.
• Saudi Arabia also has a thriving stock market. The total value of shares traded
annually is some SR 60 billion [US $16 billion].
• The Tadawul All-Share Index (TASI) of the Saudi
stock market is one of the most highly capitalized
stock exchanges in the Arab world. TASI was also
one of the first exchanges globally to set up a full
electronic clearing and settlement system with
immediate transfer of ownership.](https://image.slidesharecdn.com/finalpresentation-150321062219-conversion-gate01/85/Saudi-Arabia-Presentation-Saudi-Culture-Saudi-Women-rights-Saudi-Food-Saudi-Economy-Saudi-Socity-what-is-the-real-Saudi-Arabia-Video-21-320.jpg)
Saudi Arabia Presentation, Saudi Culture, Saudi Women rights, Saudi Food, Saudi Economy, Saudi Socity, what is the real Saudi Arabia Video
- 1. Prepared by: Anastasia Mavrina Yiran He Mauro Carcasole Carlos Íñigo de Castro Viktoria Yatskovskaya Saad AlShabib
- 3. Introduction
- 4. General Information • Saudi Arabia officially known as the Kingdom of Saudi Arabia “KSA”. • Located at the in the Middle East as a crossroads of Europe, Asia and Africa. It is surrounded by the Arabian Gulf on the East and the Red Sea on the West. It borders Jordan, Iraq and Kuwait to the north, Yemen to the south, and Oman, United Arab Emirates and Qatar to the East. • Population: 29.2 million inhabitants • Government: Monarchy since 23,Sep 1932
- 5. Geography Land area: • With a land area of about 2.25 million square kilometers, Saudi Arabia is about one-fourth the size of the United States. • The size of Saudi Arabia in compare to Europe is about the size of Portugal, Spain, France, Italy, Germany and United Kingdom together. • The mountains in the west of the Kingdom are very rich in minerals with large deposits of limestone, gypsum, iron ore, gold and copper. The eastern region has the richest reservoirs of oil in the world.
- 6. Main Cites Makah Riyadh Jeddah Khobar
- 7. Political System • The political system abides by Arabic and Islamic laws as a basic legislative branch. • The King appoints a Crown Prince to help him with his duties. • There are 22 ministries that are part of the Cabinet. Each ministry specializes in a different part of the government. • The Cabinet is advised by a legislative body called the Consultative Council (Majlis Al-Shura), The Council proposes new laws and amends existing ones. It consists of 150 members that must be of Saudi nationality and highly-skilled to be able to handle their responsibilities.
- 8. Education • The education system in Saudi Arabia is free and mandatory for males and females until the high school level. • Undergraduate level is also free for citizens, in addition the government provide the student with monthly salary during their study at the university. • The government allocates over 25% of the total budget to education including vocational training, and spends around 14 billion U.S. dollars on primary education and research • The government offer a scholarship program to send young Saudi nationals to the most prestigious universities around the world for undergraduate and postgraduate studies. The program offers funds for tuition and living expenses. • An estimated 150,000 Saudi students received government scholarships to study abroad.
- 10. Culture Value • Saudi traditions are rooted in Islamic teachings and Arab customs, which Saudis learn about at an early age from their families and in schools. • Generosity and hospitality, is an age-old traditions have evolved over the millennia and are highly regarded. • The simplest expression of hospitality is coffee its preparation alone is an intricate cultural tradition, and it is often served in small cups along with dates and sweets. Another gesture of hospitality is the burning of incense (oud) to welcome guests.
- 11. Culture Value - Clothes • On top of it, (doubled black rope-like cord) called "Igal". Then, a full-length, loose garment with long sleeves called "Thawb“ • As for the women, there is no specific clothes since women like to follow fashion. However in public places she put over her clothes black cloak called "Abaya“ that prescribe modesty to reflect the Saudi woman’s identity. • The types and shapes of clothes and accessories differ from one province to another. The Saudi official clothing for men consists of (triangle cloth from linen worn over the head) called "Shimaq"
- 12. Culture Value - The Folklore • The folklore in Saudi Arabia is based on the theme of unity and groups. It is comprised of enthusiastic songs and games that express Arab customs and traditions. • The national dance, “Ardha”, is an ancient tradition with its roots in the country’s central area. The Ardha used to be performed before a battle by soldiers and involves singing, dancing with swords and poetry. This dance is one of the key performances in Saudi Arabia’s most famous cultural event, the “Jenadriyah” Heritage and Cultural Festival.
- 13. Economic Value • Taxation: in Saudi Arabia the government do not apply income tax since it is not permitted, As in view of Islam instructions “what you work hard to earned it, is yours without deduction”, rather than that people pay what is called the “Zakat” (Charity) in annual basis 2.5% assessment of a person's net personal wealth given for poor people, it is not obligated by the government, it is between each person and god. • The Saudi Riyal “SR” is one of the most stable currencies in the world pegged to the US Dollar at a rate of 1 USD = 3.75 SR. There was no significant change in its exchange value during the last 3 decades. • There are no restrictions on foreign currency exchange and outgoing money transfers.
- 15. Gastronomic Value • Some types of Saudi foods became dominant all over the provinces despite the different social and economic segments of the Saudi community. • Most of the cuisines have many nutritional benefits and high calories that give the body the power to work. • Their ingredients are brought from the materials available in the local environment. The arrival of a guest at one's home is an event that leads to a special meal in honor of the visitor.
- 16. Gastronomic Value - Dishes • Most of Saudi cuisines contain rice, wheat, meat, vegetables and spices that give them special flavor. The most famous dish is “Kabsa” it is prepare from rice and meat or chicken with special spices. • Another popular dish is “Jarish” which prepared by cooking wheat and “Laban”(kind of sour milk) and adding spices to it and served with chopped hot pepper, onion and pour over with the ghee Bean with bread Chicken Kabsa Jarish Dates covered with nuts
- 17. Society Value • Saudis take their responsibilities to their family quite seriously. • Families tend to be large, although nowadays families became smaller, however the extended family is quite close. • Alcoholic beverages and Pork are not allowed. • Being generous with the guest and helping the poor are the most prominent traditions of Saudi people since they organize big feasts during occasions and invite everyone. • Show respect for the elders by greeting them first. • Husbands' and wives' duties are mutual responsibilities. They might not be identical duties, but the totality of rights and responsibilities are balanced.
- 18. Society Value - Parents • The Saudis Inspired the relation with their parents, from this quote "Your Lord has decreed that you worship none but Him and that you be kind to parents. Whether one or both of them attain old age in your life, say not to them a word of contempt, nor repel them, but address them in terms of honor. And out of kindness, lower to them the wing of humility and say, "My Lord! Bestow on them Your Mercy even as they cherished me in childhood." [Noble Quran 17:23-24] • Parents has a great status and that derived from both Arabic and Islamic culture, that commands kindness, respect and obedience to parents and specifically emphasizes and gives preference to the mother as said in a famous narration 'Paradise lies at the feet of your mother'
- 19. Society Value - Marriage • The full maintenance and support of the marriage are the entire responsibility of the husband, even though the wife might be richer than he is. She doesn't have to spend a penny. • During marital life if the wife has any earnings, by way of investments of property or as a result of work, she doesn't have to spend one penny of that income on • At the time of marriage, it is the duty of the husband, not the bride's family. He is supposed to pay for a marital gift. It is exclusively the right of the wife. • Wife do not take her husband's name after marriage and keep the name of her father and family. the household, it is entirely hers and the husband responsible to cover all family expenses alone, if she decide to contribute it is her choice but she is not obligated.
- 20. Banking System
- 21. Banking System • Saudi Arabia has a modern banking industry with 13 commercial banks. Saudi banks provide retail and corporate banking, investment services, brokerage facilities, and derivative transactions in addition to credit cards, ATMs and point- of-sale transactions. • There are also banks in the Kingdom that provide Islamic banking services. Islamic banking is a system of banking that is consistent with the principles of Islamic law (Shari’ah). It prohibits usury, the collection and payment of interest. • Saudi Arabia also has a thriving stock market. The total value of shares traded annually is some SR 60 billion [US $16 billion]. • The Tadawul All-Share Index (TASI) of the Saudi stock market is one of the most highly capitalized stock exchanges in the Arab world. TASI was also one of the first exchanges globally to set up a full electronic clearing and settlement system with immediate transfer of ownership.
- 22. Finance System • The banking and finance sector is overseen by several government agencies. The Ministry of Finance supervises economic policies. The Saudi Arabian Monetary Association (SAMA) manages fiscal policy, issues the country’s currency, the Saudi Riyal and oversees the nation’s commercial banks • The government has also established five specialized credit institutions to provide loans to citizens for development projects in agriculture, industry and construction – the Saudi Industrial Development Fund (SIDF), the Saudi Arabian Agricultural Bank (SAAB), the Real Estate Development Fund, the Public Investment Fund and the Saudi Credit Bank.
- 24. Data 2007 2008 2009 2010 2011 2012 2013 2014 GDP Growth 5.99% 8.43% 1.83% 7.43% 8.57% 5.81% 3.95% - Unemployment 5.70% 5.10% 5.40% 5.40% 5.80% 5.60% 5.70% - Inflation 4.19% 15.33% -18.93% 14.28% 17.06% 3.60% -1.90% - Fiscal deficit 62509 164012 -17567 27349 80416 108153 65074 - Balance of payments 93379 132322 20954 66750 158545 164764 132640 - GDP current prices 415909 519796 429097 526811 669506 733955 748449 - Public Debt 71140 62628 60113 44467 36149 26331 20026 - GDP per capita current prices 16048 19714 16013 19326 24116 25945 25961 - Trade (% GDP) 94.86% 96.10% 84.86% 82.77% 85.76% 83.74% 82.42% - Public Debt (% GDP) 17.10% 12.05% 14.01% 8.44% 5.40% 3.59% 2.68% - Fiscal Deficit (% GDP) 15.03% 31.55% -4.09% 5.19% 12.01% 14.74% 8.69% - Macro analysis 1
- 25. Corruption Index Year Position Index 2014 55º 49 2013 63º 46 2012 66º 44 2011 57º 44 2010 50º 47 2009 63º 43 2008 80º 30 2007 79º 34 Competitiveness index Year Position Index 2014 20º 5.1 2013 18º 5.19 2012 17º 5.17 2011 21º 4.95 2010 28º 4.75 2009 27º 4.72 2008 35º 4.55 Macro analysis 2
- 26. Major Imports & Exports Partners Major Exports partners Rank Country 2012 1 U.S.A. 208339 2 Japan 192201 3 China Mainland 188229 4 South Korea 133585 5 India 120841 Major Imports partners Rank Country 2012 1 U.S.A. 78770 2 China Mainland 74195 3 Germany 41367 4 Japan 38989 5 South Korea 35467
- 27. Major Exports items Section Title 2012 1 Mineral Products 1266389 2 Chemical Products 68342 3 Plastics & Rubber 58492 4 Transportation Equipment 13884 5 Machinery & Electrical Equipment 10743 Major Imports & Exports Items Major Imports items Section Title 2012 1 Machinery & Electrical Equipment 154096 2 Transportation Equipment 103544 3 Base Metals 80376 4 Chemical Products 48209 5 Vegetables & Vegetable Products 31324
- 28. Country Saudi Arabia Iran National Accounts GDP 2013 748.450 M.$ 368.904 M.$ 2013 GDP per Capita 2013 25.962$ 4.763$ 2013 Debt 2013 20.026 M.$ 41.300 M.$ 2013 Debt (% GDP) 2013 2.68% 11.25% 2013 Debt (per capita) 2013 695$ 536$ 2013 Deficit 2013 65.074 M.$ -3.567 M.$ 2013 Deficit (% GDP) 2013 8.70% -0.97% 2013 Public Expenditure 2013 282,593.30 57,128.70 2013 Education Expenditure 2008 26,691.30 9,785.80 2012 Education Expenditure (%) 2008 17.74% 16.08% 2012 Healthcare Expenditure 2012 15,480.50 10,769.70 2012 Economic Comparison 1
- 29. Country Saudi Arabia Iran National Accounts Military Expenditure 2013 67,277.00 8,409.10 2012 Military Expenditure (% Public Expenditure) 2013 23.81% 13.82% 2012 Public Expenditure (% GDP) 2013 37.76% 15.56% 2013 Public Expenditure Per Capita 2013 9.802$ 738$ 2013 Education Expenditure Per Capita 2008 1.012$ 128$ 2012 Healthcare Expenditure Per Capita 2012 547$ 141$ 2012 Military Expenditure Per Capita 2013 2.334$ 110$ 2012 Rating Moody's 2010 Aa3 - - Rating S&P 2007 AA- - - Rating Fitch 2014 AA B+ 2006 Economic Comparison 2
- 30. Country Saudi Arabia Iran National Accounts Corruption Index 2014 49 27 2014 Competitiveness Ranking 2014 20º 82º 2014 Fragility Index 2014 73.1 87.2 2014 Negocios Doing Business 2015 49º 130º 2015 Comercio Exports 2013 376.000,0 M.$ 82.000,0 M.$ 2013 Exports % GDP 2013 50.45% 26.14% 2012 Imports 2013 163.892,0 M.$ 49.000,0 M.$ 2013 Imports % GDP 2013 21.99% 14.35% 2012 Commercial Balance 2013 212.108,0 M.$ 33.000,0 M.$ 2013 Commercial Balance (% GDP) 2013 28.46% 11.79% 2012 Economic Comparison 3
- 31. Country Saudi Arabia Iran Socio-Demographic Population 2013 28,828,870 77,447,168 2013 Population Density 2013 13 44 2013 Ranking Global Peace 2014 80º 131º 2014 Birth Rate 2012 19,86‰ 19,00‰ 2012 Fertility Index 2012 2.7 1.92 2012 Mortality Rate 2012 3,25‰ 5,22‰ 2012 Lifespan 2012 75.5 73.76 2012 Nº of homicides 2012 234 3,126 2012 Homicides per 100.000 2012 0.8 4.1 2012 Economic Comparison 4
Editor's Notes
- #13: Organized every year and last over 2 weeks, This festival highlights the Kingdom’s commitment to preserve and display the rich, traditional culture and crafts of Saudi Arabia.