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.
Spanning over a 50 sq km area, Spark is a sustainable, global energy hub in SaudiArabia’s Eastern Province... "Saudi Arabia is an important market and we are very excited to participate in this ambitious, game-changing mega project.
Investment bankers set aside a couple weeks to drum up interest in SaudiArabia’s first $1 billion initial public offering since Aramco ... While Aramco’s record IPO in 2019 offered investors a slice of Saudi Arabia’s oil riches, ACWA dangles access to the renewable energy and ...
Now beginning with their expansion to Oman, the company is also in the process of foraying into regional and international markets, including SaudiArabia, Bahrain, Qatar, Kuwait, the UK and Europe... As the first technology player to have a presence in this market, we are confident that the future looks promising.”.
RelatedMarketData... It really struck me when there was the attack on that crucial facility in Abqaiq in SaudiArabia in 2019 ... This time, the market just shrugged it off ... How important is the relationship with the Gulf countries? And you’ve seen Saudi Arabia make a turn toward what they call a strategic relationship with Russia.
Tamatem founders see Arabic games market as ripe for expansion ... according to a November report by market research firm Newzoo ... The UAE, the second-biggest Arab economy, was the largest e-gaming market in the region in 2019 but is likely to be surpassed by SaudiArabia this year.
Together with surging market demand from both ... Apart from building 496 cement and glass production lines in overseas markets, including Indonesia, Vietnam, Russia and SaudiArabia, the Chinese company currently is conducting 77 smart industrial projects in other parts of the world.
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DUBAI, Sept 15 (Reuters) - Standard Chartered (STAN.L) is looking to add bankers to focus on sustainable finance, project finance and capital markets in SaudiArabia, a market it sees will become a "front-runner" for its regional business in coming years, a senior executive said.
SaudiArabiaFurnitureMarketOutlookOverview. Saudi Arabia’s furniture market is one of the most vibrant markets in the GCC region ...Contract Furniture in Saudi Arabia- The contract furniture market in Saudi Arabia is estimated to be USD 744 million for the year 2019 ... Saudi Arabia Furniture Market Dynamics. Saudi Arabia Furniture Market.