Business in Saudi Arabia

The objectives of the subject “International Trade and Business in the Kingdom of Saudi Arabia” are the following:

1. To analyze the Saudi Arabian Economy and Global Trade
2. To know the trade opportunities in the Kingdom of Saudi Arabia
3. To explore the Saudi Arabian trade relations with the country of the student
4. To know the Saudi Arabian Trade Agreements
5. To examine the profile of Saudi Arabian Businesspeople
6. To develop a business plan for the Saudi Arabian Market

The Subject “Foreign Trade and Business in Saudi Arabia” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: Islamic Business, World Trade.

Languages: or Arabia Saudita Arabie Saoudite.

1. Credits of the subject “Doing Business in Saudi Arabia”: 3
2. Duration: three weeks

Transport and Logistics in Saudi Arabia

1. Access to the Eurasian Corridors:
   1. China-Pakistan Economic Corridor
   2. China-Central-West Asia Economic Corridor
   3. Kyrgyzstan-Iran Corridor
2. Nearest African Ports;
   1. Port of Djibouti
   2. Port Said. Suez Canal
   3. Port Sudan
   4. Port of Dar es-Salaam

Saudi Arabian Preferential Access and Trade Agreements:

1. Saudi Arabia and the Arab Economic Area
2. GCC
   1. EU-GCC Agreement
   2. India-GCC
   3. Australia-GCC Agreement
   4. EFTA-Saudi Arabia
   5. GCC-Singapore Agreement
3. Islamic Trade Preferential System
4. Greater Arab Free-Trade Area (GAFTA)

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. IRU
   1. TIR Convention
   2. Guidelines on Safe Load Securing for Road Transport
4. IMO
   1. Convention for Safe Containers
   2. Istanbul Convention
5. Customs Convention on Containers
6. International Bureau of Containers and Intermodal Transport (BIC)

1. Arab League
2. Summit of South American-Arab Countries
3. Asia-Middle East Dialogue
4. Islamic Development Bank
5. Economic Commission for Western Asia (ESCWA)
6. OIC
   1. Committee for Economic Cooperation
   2. Islamic Chamber of Commerce
   3. Islamic Centre for Development of Trade
   4. Economic Centre for Islamic Countries
7. Afro-Arab Cooperation
8. BADEA
9. Arab Gulf Programme
10. Arab Trade Financing Programme
11. Arab Development Funds

1. Asia Cooperation Dialogue
2. Colombo Plan
3. UN
4. WB
5. WTO
6. African Development Bank
7. IMF

The Kingdom of Saudi Arabia.

1. Saudi Arabia was the birthplace of the Prophet Muhammad
2. Two holiest cities of Islam, Mecca and Madinah are in Saudi Arabia
3. The Kingdom of Saudi Arabia is one of the economic, religious, political, and financial centers of the MENA economies (Middle East and North Africa)
4. Saudi Arabia is a major player on the regional political scene
5. Capital of Saudi Arabia: Riyadh
6. Official language of Saudi Arabia: Arabic
7. Type of Government: Absolute Monarchy
8. Area of Saudi Arabia: 2,149,690 km²
9. Population of Saudi Arabia: 30 million people
10. The Saudi Arabian Currency: Saudi Riyal
11. The headquarters of the Arab Gulf Programme for United Nations Development Organizations
12. Abolition of Slavery in Saudi Arabia: 1962
13. Borders of Saudi Arabia: Bahrain, Iraq, Jordan, Kuwait, Qatar, the Emirates and Yemen
    1. Maritime borders (Gulf of Aqaba): Israel and Egypt

Religion in Saudi Arabia:

1. Sunni Islam is the main religion of the Kingdom of Saudi Arabia
2. Major Fiqh (Islamic Jurisprudence) School is Hambali
3. 20% of the population is Shiite

Saudi Arabia belongs to the Arab Economic Area.

Saudi Arabian Economy.

1. Saudi Arabia represents 25% of the Gross Arab National Product
2. The Kingdom of Saudi Arabia is the largest economy in the Middle East and 24th largest exporter in the World
3. The economy of the Kingdom of Saudi Arabia is based on the Oil sector
4. Saudi Arabia has 25% of the proven petroleum reserve in the World
5. The Saudi Arabian Petroleum Company (Saudi ARAMCO) is the largest petroleum producing company in the World
6. In the last years, the Saudi Government has taken measures to diversify the economy, despite the global rise in energy prices, the non-petroleum sector has been a decisive sector in the economic growth of Saudi Arabia
7. Saudi Arabia is the third economy in the World by Macroeconomics stability
8. The Saudi Riyal is one of the most steady currencies in the World
9. Saudi Arabia is the largest free economic market in the Middle East
10. The Saudi market has a high purchasing power in the region
11. The headquarters of the OIC and the Islamic Development Bank are in Jeddah
12. Public sector plays a major function in industrial activity
13. Saudi Arabia has a robust GDP growth in the last years

Sample:

(c) EENI Global Business School (1995-2024)
We do not use cookies
Top of this page