Saudi Arabia Location : Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen
Capital City : Riyadh
Curreny : Saudi riyal (SAR)
Languages Spoken : Arabic
Climate : harsh, dry desert with great temperature extremes
National Holiday : Unification of the Kingdom, 23 September (1932)
Background Information
In 1902 Abd al-Aziz Ibn SAUD captured Riyadh and set out on a 30-year campaign to unify the Arabian Peninsula. In the 1930s, the discovery of oil transformed the country. Following Iraq's invasion of Kuwait in 1990, Saudi Arabia accepted the Kuwaiti royal family and 400,000 refugees while allowing Western and Arab troops to deploy on its soil for the liberation of Kuwait the following year. A burgeoning population, aquifer depletion, and an economy largely dependent on petroleum output and prices are all major governmental concerns.
Geographical Note
extensive coastlines on Persian Gulf and Red Sea provide great leverage on shipping (especially crude oil) through Persian Gulf and Suez Canal
Economy
This is an oil-based economy with strong government controls over major economic activities. Saudi Arabia has the largest reserves of petroleum in the world (26% of the proved reserves), ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 75% of budget revenues, 45% of GDP, and 90% of export earnings. About 25% of GDP comes from the private sector. Roughly 4 million foreign workers play an important role in the Saudi economy, for example, in the oil and service sectors. Riyadh expects to have a budget deficit in 2002, in part because of increased spending for education and other social programs. The government in 1999 announced plans to begin privatizing the electricity companies, which follows the ongoing privatization of the telecommunications company. The government is expected to continue calling for private sector growth to lessen the kingdom's dependence on oil and increase employment opportunities for the swelling Saudi population. Shortages of water and rapid population growth will constrain government efforts to increase self-sufficiency in agricultural products.
Religions
Muslim 100%
Ports : Ad Dammam, Al Jubayl, Duba, Jiddah, Jizan, Rabigh, Ra's al Khafji, Mishab, Ras Tanura, Yanbu' al Bahr, Madinat Yanbu' al Sinaiyah
International Disputes - Risks to travellers
: demarcation of delimited boundary with Yemen involves nomadic tribal affiliations; because details of 1974 and 1977 treaties have not been made public, the exact location of the Saudi Arabia-UAE boundary is unknown and status is considered de facto
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Saudi Arabia
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