Saudi Arabia
The original report was published in the USA Today on Wednesday, December 14, 2011
 Madinah is home to the three oldest mosques in Islam The fusion of age-old values with modern ideas gives the desert kingdom stability - and a competitive edge
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The kingdom remains stable despite the Arab Spring, and death of its heir apparent
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 Both foreign workers and the local population enjoy a modern lifestyle in Jeddah The ancient city of Jeddah is now a successful mix of the old and the new
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The Saudi Arabian General Investment Authority is tasked with attracting and guiding foreign investors
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With an eye to the future, Saudi Arabia is currently spending $600 billion on its roads, railways and airports
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With a steadily increasing population, the kingdom has invested heavily in its health care sector, both quantitatively and qualitatively
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“He who enjoys good health is rich,” says the ancient proverb, and the Kingdom of Saudi Arabia has consistently worked to improve and develop its healthcare sector, to ensure the future health and wealth of the nation
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 Lutfi El-Zein, Chairman of Medgulf Local knowledge gives Medgulf an edge in competitive insurance sector
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Saudi Arabia knows it has to invest in its youth in order to compete in tomorrow’s business world
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With a planned investment of $27 billion funded entirely by private capital, the King Abdullah Economic City (KAEC) is considered SAGIA’s jewel in the crown, envisioned to become the single greatest enabler of social and economical growth in the entire kingdom
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The Knowledge Economic City (KEC) will be a cultural landmark and the focal point of Saudi Arabia’s knowledge-based industries. Situated to the east of Al-Madinah, it will revive the city’s role as a center for Islamic knowledge and culture. The city will create opportunities for young Saudi entrepreneurs and attract talent from different parts of the world
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 King Abdullah Bin Abdulaziz King Abdullah ranks among the most powerful people in the world and is a strong advocate for greater opportunities in the kingdom and more constructive global cooperation
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TCC gives business leaders the facts they need to make decisions
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 Riyadh’s economy generated over 450,000 new jobs between 2007 and 2009 alone Riyadh is seeing its gross domestic product and foreign investment rise – along with interest from the international community – thanks to the federal and local governments’ efforts to facilitate business and raise competitiveness
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With a solid base as the leading provider of civil explosives in the country, Saudi Chemical Company also has increasing interests in pharmaceuticals
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 Capt. Saad Wallan, enthusiastic pilot and savvy businessman, established Wallan Aviation in 1995 Wallan Aviation is synonymous with superior quality and customer care in Saudi Arabia and the whole of the Middle East
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King Abdullah University of Science and Technology targets a knowledgeable society
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 The thriving insurance sector has helped boost the country’s technological expertise The Council of Cooperative Health Insurance (CCHI) is to working to educate the private sector about the benefits of health insurance
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New projects build up the region’s medical, commercial and educational infrastructure
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Saudi Arabia’s four Economic Cities represent a new model for strategic public-private partnerships and a diversification from an oil-based economy
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The Prince Abdulaziz bin Mousaed Economic City (PABMEC), also denominated Skyscraper City, will soon rise in the vast desert in the northern region of Hail. It is set to be MENA’s most modern transportation and logistics hub, strategically located at the crossroads for navigational, trade and transportation routes between East and West
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An industrial city situated just 37 miles northwest of Jazan City, a major port on the Red Sea, Jazan Economic City (JEC) is designed to become an export platform for international consumer markets
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LOCATION:
Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen
AREA:
total: 2,149,690 sq km
CLIMATE:
harsh, dry desert with great temperature extremes
NATURAL RESOURCES:
petroleum, natural gas, iron ore, gold, copper
LANGUAGES:
Arabic (official)
RELIGIONS:
Muslim 100%
POPULATION:
26,131,703 (July 2011 est.)
GOVERNMENT TYPE:
monarchy
CAPITAL:
name: Riyadh
AGRICULTURE - products:
wheat, barley, tomatoes, melons, dates, citrus; mutton, chickens, eggs, milk
INDUSTRIES:
crude oil production, petroleum refining, basic petrochemicals, ammonia, industrial gases, sodium hydroxide (caustic soda), cement, fertilizer, plastics, metals, commercial ship repair, commercial aircraft repair, construction
EXPORTS:
$237.9 billion (2010 est.)
IMPORTS:
$88.35 billion (2010 est.)
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