The Kingdom of Saudi Arabia.
- 1. v
- 3. Aqib Farooq Kunal Bhatt Deepanshu Ahuja Jyotika Narula Nitish Sharma
- 4. The Kingdom of Saudi Arabia is the largest Arab country of the Middle East. "The Land of the Two Holy Mosques" in reference to Meccaand Medina, the two holy places in Islam. The two mosques are Masjid al-Haram (in Mecca) and Masjid Al-Nabawi (in Medina). Saudi Arabia has the world's largest oil reserves and is the world's largest oil exporter. Oil accounts for more than 90% of exports and nearly 75% of government revenues…. . Saudi Arabia has been the world's most generous donor nation per capita, donating £49 billion in aid in the past three decades….. Land= 2,149,690 sq km
- 5. Riyadh Jeddah Makkah Taif Madinah
- 6. Introduction Geography Government Economy Development & Foreign Land Time conception Random Facts
- 7. 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%
- 8. 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
- 9. Monarchy - Ruled by sons and grandsons of the first king, Abd Al Aziz Al Saud Quran - 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)
- 10. 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
- 11. 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
- 12. Work days: Saturdays – Wednesdays.. No work during Islamic prayer times; observed five times a day… Polychromic time concept: work from 7:30am to 2:30pm, but very flexible with scheduling…. Lunar Islamic calendar, Hijra, has 354 days in a year. Ex. 2007 = 1428….
- 13. 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
- 14. Culture has been conceptualized as: “ Software of the mind” culture is a guide for humans on how to think and behave; it is a problem-solving tool (Hofstede) An invisible barrier… a completely different way of organizing life, of thinking, and of conceiving the underlying assumptions about the family and the state, the economic system, and even Man himself” (Hall) A “thicket” (U.S. Ambassador Hodgson) Culture is the sum of the “values, rituals, symbols, beliefs, and thought processes that are learned, shared by a group of people, and transmitted from generation to generation”
- 15. Although some cultures embrace change, others are resistant to it Examples of cultures that resist change: Acceptance of genetically modified foods (or “Frankenfood”) in Europe Working women in Masculine societies like Saudi Arabia
- 17. سارعي للمجد و العلياء مجدي لخالق السماء وارفعي الخفاق أخضر يحمل النور المسطر رددي الله أكبر ياموطني موطني عشت فخر المسلمين عاش المليك للعلم والوطن Hasten to glory and supremacy! Glorify the Creator of the heavens And raise the green, fluttering flag, Carrying the emblem of Light! Repeat - God is the greatest! O my country, My country, may you always live, The glory of all Muslims! Long live the King, For the flag and the country ! Arabic Lyrics " Aash Al Maleek " English Translation Long Live Our Beloved King
- 18. Saudi Arabia's command economy is petroleum-based; roughly 75% of budget revenues and 90% of export earnings come from the oil industry. The oil industry comprises about 45% of Saudi Arabia's gross domestic product, compared with 40% from the private sector (see below). Saudi Arabia officially has about 260 billion barrels (4.1×1010 m3) of oil reserves, comprising about one-fifth of the world's proven total petroleum reserves…
- 19. Saudi Arabia United Arab Emirates Iraq Qatar Kuwait
- 20. Rank Country Oil - proved reserves (bbl) Date of Information World 1,331,000,000,000 1 January 2009 est. 1 Saudi Arabia 264,300,000,000 2009 est. 2 Canada 178,800,000,000 1 January 2009 est. 3 Iran 138,400,000,000 2009 est. 4 Iraq 115,000,000,000 1 January 2009 est. 5 Kuwait 101,500,000,000 2009 est. 6 United Arab Emirates 97,800,000,000 2009 est. 7 Venezuela 79,140,000,000 2009 est. 8 Russia 60,000,000,000 1 January 2009 est. 9 Libya 45,000,000,000 2009 est. 10 Nigeria 37,250,000,000 2009 est. 12 United States 21,760,000,000 1 January 2008 est.
- 21. Rank 2006 Rank 2005 Company Country State Ownership % 1 1 Saudi Aramco Saudi Arabia 100 2 3 NIOC Iran 100 3 2 Exxon Mobil US 4 5 BP UK 5 4 PDV Venezuela 100 6 6 Royal Dutch Shell UK/Netherlands 7 7 CNPC China 100 8 11 ConocoPhillips US 9 8 Chevron US 10 8 Total France
- 22. Operations in: Exploration, production, refining, marketing, and international shipping. The company has approximately one fourth of world oil reserves The company is headquartered in Dhahran, Saudi Arabia and employs about 52,100 people. State Owned
- 25. King Fahd International Airport in Damman, Saudi Arabia…. It takesup some 780 square kilometres - an area larger than many cities. By comparison, London Heathrow takes up around 3,000 acres, or just 4.7 square miles.
- 26. Before !! After !! Saudi Arabia is one of only a few fast-growing countries in the world with a high per capita income of $20,700 (2007)
- 27. it was incorporated in January 1978 under the rules and laws of the Kingdom of Saudi Arabia with its headquarters in Riyadh….
Editor's Notes
- #6: jyo
- #20: Approximately 80% of the world's readily accessible reserves are located in the Middle East (Saudi Arabia, United Arab Emirates, Iraq, Qatar and Kuwait).
- #21: As presented by the CIA world factbook. Notable items on this list is that there is an established trillion barrels of oil in the world. Saudi Arabia contains the most, and Canada is second highest. Many of these countries are also unstable or are facing hard times such as iran, Iraq, Venezuala, Russia. The United States is #12 on the list with 21 billion barrels of oil
- #23: is one of the largest integrated oil companies in the world, The company, as a state-owned entity, does not publish its financial statements.