Middle East
The Kingdom of Saudi Arabia, characterized by its dry climate and relatively low population density, is a sovereign state situated in the Middle East. Governance of the nation is under the auspices of the Saud dynasty. This ruling family established a significant alliance with the conservative Wahhabi movement in the 18th century, a partnership that continues to influence the country’s cultural and political landscape. The current driving force behind the kingdom’s leadership is Crown Prince Mohammed bin Salman. He effectively administers state affairs, representing his father, King Salman, who, due to advanced age, has delegated considerable responsibilities to his son.
The Saudi Arabian flag is a green field with the shahada inscription and a sword . The used colors in the flag are green, white. The proportion of the Saudi Arabian flag is 2:3. The Flag of Saudi Arabia was adopted in 1973. The first use of the current flag design was in 1932. The last change to the current Saudi Arabian flag design was in 1973.
The Chant of the Saudi Nation (Arabic: ٱلنَّشِيْد ٱلْوَطَنِي ٱلسُّعُوْدِي, romanized: an-Našīd al-Waṭanī as-Suʿūdī) was first officially adopted in 1950 without lyrics. The piece was gifted by the King Faruq (r. 1936–1952) when King Abd al-Aziz (r. 1932–1953) made a visit to Egypt. It was then adopted again in 1984 with lyrics written by Ibrahim Khafaji. The original composition was by Abd al-Rahman al-Khatib in 1947.
Facts & Stats
Saudi Arabia is a young country that is heir to a rich history. In its western highlands, along the Red Sea, lies the Hejaz, which is the cradle of Islam and the site of that religion’s holiest cities, Mecca and Medina.
المملكة العربية السعودية (Kingdom of Saudi Arabia)
Arabic
Riyadh
(2024 est.) 33,145,000
Islamic absolute monarchy
King: Salman bin Abdulaziz
Saudi riyal (SR) (SAR)
2,149,690
Information
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International organization participation: ABEDA, AfDB (nonregional member), AFESD, AMF, BIS, CAEU, CP, FAO, G-20, G-77, GCC, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM (observer), IPU, ISO, ITSO, ITU, LAS, MIGA, NAM, OAPEC, OAS (observer), OIC, OPCW, OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UNRWA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
Saudi Arabia, a prominent member of the Group of Twenty (G20), stands out as one of the world’s largest economies and a nation teeming with investment potential. As the behemoth of the Middle East, it is not just rich in oil reserves but is also an epicenter for growth and innovation, underpinned by its ambitious Vision 2030 program. The kingdom is ushering in a new era of diversification, opening its doors to foreign capital, and creating a fertile ground for investment across various sectors including renewable energy, tourism, entertainment, and technology.
INVEST SAUDI is designed to provide a clear, unified, and effective message about the Kingdom’s investment opportunities to both foreign and domestic investors, as well as private sector businesses. It is therefore the primary point of contact for foreign investors seeking assistance before, during, and after their entry into the Kingdom.
Saudi Arabia is home to a robust network of trade and professional associations that function pivotal components of its vibrant commercial landscape. These associations play a key role in fostering industry standards, facilitating dialogue among businesses, and advocating for the interests of their members. They span across diverse sectors such as construction, healthcare, finance, and technology, reflecting the country’s expansive economic portfolio.
These entities hold a pivotal position in advocating for the concerns of enterprises and experts in various industries, ranging from the agricultural field to the technological sphere.