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.
PIF is the investment engine driving economic growth in SaudiArabia and the world ... 82830) tracks the FTSE Saudi Arabia Index, providing exposure to more than 50 leading large and mid-cap companies listed on Tadawul, Saudi Arabia's stock exchange ... CSOP Saudi Arabia ETF is a ...
A pall of gloom descended upon the Karimnagar NRI community in Saudi capital Riyadh following the death of one of its young compatriots in a fatal road mishap. A software engineer from Karimnagar was killed and three others were injured in a road mishap near to Madinah in Saudi Arabia on Saturday.
War payouts put BAE shares on the up as arms firm withstands Saudi setback ... It comes as Germany has acted as a drag on deals to sell another batch of the jets to Saudi Arabia ... It is not just Turkey facing rejection, Germany has also been a stumbling block for completion of a long-standing order from Saudi Arabia.
SaudiArabia's economy remains weakly diversified, with the oil industry serving as the country's growth engine for over 80 years ... In the short term, Saudi Arabia will not be able to meet all its needs on its own, providing significant opportunities for international businesses, ...
This is all new to SaudiArabia, right? So we have to really be conscious of that ... Laurent Germain, CEO of French construction engineering firm Egis Group, nevertheless told AFP he had no regrets about establishing a regional headquarters in Saudi Arabia last year, and that he advised other French firms to do the same.
Egis, the leading global engineering consultancy, has announced the completion of its strategic acquisition of Omrania, a renowned architectural and engineering consultancy in SaudiArabia. ... engineering practices, in line with Saudi Arabia’s environmental goals.
(MENAFN - Egis group) SaudiArabia. Egis, the leading global engineering consultancy, has announced the completion of its strategic acquisition of Omrania, a renowned architectural and engineering ... .