Saudi Arabia (i/ˌsɔːdiːəˈreɪbiə/, i/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000km2 (830,000sqmi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.
The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.
SaudiArabia will consider selling more shares in Saudi Aramco, the world's largest exporter of oil, once market conditions improve, according to the chairman of the state-run company ... city Neom as well as the Red SeaDevelopment project on the west coast of Saudi Arabia.
Crude has rallied more than 20% since the start of the year with support from a range of factors, including SaudiArabia's unilateral output cuts ... Saudi Arabia always said that its voluntary supply reduction would only last for two months.
ENGIE’s partnership with SIDF provides practical and vocational training to enable knowledge transfer from international professionals to local staff, ensuring that SaudiArabia’s workforce can meet the long-term demand of the labor market. Turki Al-Shehri, chief executive of ENGIE in Saudi Arabia, said.
The forum is among a number of rooms set up on Clubhouse — that in recent weeks has been among the top three most popular social media apps in SaudiArabia and worldwide — to discuss labor market needs, job interview techniques, freelancing opportunities, and other employment-related issues.
Costco looks to crack tricky Chinese food retail market ... It owns the Vox Cinema chain, and has capitalised on the recent lifting of restrictions on cinemas in SaudiArabia with the launch of 49 new screens in the kingdom, bringing the total to 53. It plans to open 600 screens in Saudi Arabia by 2023.
However, Mr Mackenzie believes traditional roles such as those in finance, marketing and human resources will still be sought after ...Sales and marketing - ... Digital - chief digital officer Dh50,000-Dh90,000, head of marketing Dh35,000-Dh60,000 SaudiArabia's salary guide for 2021.
An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia [File. AhmedJadallah/Reuters]But the market, still wary of last year’s negative prices, is eagerly looking to see OPEC+’s game plan for bringing back Saudi Arabia’s one million barrels ... But Saudi Arabia remains cautious.
BEIRUT — Throughout his campaign, PresidentJoe Biden vowed to take a harder line with SaudiArabia... continues to count on Saudi Arabia as a bulwark against Iran and Islamic extremism in the region, making strong condemnation and punishment of the kingdom's misdeeds a tricky business ... For its part, Saudi Arabia is furious.
Ahead of the gathering, SaudiArabia has urged members to take a cautious approach even as signs of tightening emerge ... thinks the coalition will boost output by about 500,000 barrels a day next month, with Saudi Arabia unlikely to continue its voluntary curbs ... Saudi Arabia and Russia failed to strike an accord, sparking a price war as output surged.
Russia and SaudiArabia, respectively the world's second and third largest producers of oil after the United States, had often been at loggerheads in the past, but when crude oil prices plunged due to the pandemic, they rallied to radically cut production levels and underpin prices.
The alliance, led by SaudiArabia and Russia, has successfully managed to rein in production, supporting a broader recovery in oil markets, which this time last year began to fall rapidly as Covid-19 spread worldwide.
Oil got significant support from SaudiArabia’s decision to cut production by 1 million ... At the same time, it remains to be seen whether the market is strong enough to deal with 1 million bpd of returning supply from Saudi Arabia and additional supply from other OPEC+ members.
Engie’s partnership with SIDF provides practical and vocational training to enable knowledge transfer from international professionals to local staff, ensuring that SaudiArabia’s workforce can meet the long-term demand of the labour market ... Turki Al Shehri, CEO of Engie in Saudi Arabia noted.