Saudi-Arabien Wirtschaftshandbuch Saudi Arabia Business ... - Ghorfa

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dAtA Sheet: PolItIcS And the economy
Name of Country
Climate
Area
Capital
Residents
Growth in Population
Business Languages
Religion
National Holiday
Government and State System
Head of State
Head of Government
Administrative Structure
Bilateral Trade Agreement with Germany
Currency
Exchange Rate
The Kingdom of Saudi Arabia
Predominantly arid desert climate, high levels of humidity
close to the coast, a few mountain woods in the most extreme
southwest of the country
2.15 million km 2
Riyadh (population of approx. 5 million)
Population of approx 28,1 million, of this number,
5.6 million foreigners (2007)
3% (one of the highest rates of growth in the world)
Arabic, English
Islam
23rd September (Proclamation of the Kingdom of
Saudi Arabia on 23.09.1932)
Absolute monarchy, religious-based
King Abdullah bin Abdulaziz Al-Saud (Title: „Custodian
of the Two Holy Mosques and King of Saudi Arabia”)
The government comprises the Minister Council chaired
by the King. Key functions such as internal affairs,
defence and foreign affairs are occupied by members
of the royal family
The kingdom is arranged into 13 provinces with
104 governor councils
Investment development and protection agreement (IFV)
came into effect on 09.01.1999
1 Saudi-Riyal (SR) = 100 Hallalas
June 2008: 1 US$ = 3.75 SR (fixed rate);
1 Euro = 5.82 SR;
Annual average 2007: 1 US$ = 3.75 SR (fixed rate);
1 Euro = 5.17 SR
Memberships in International Organizations:
United Nations and special organisations, OPEC (Organisation of Petroleum Exporting Countries), OAPEC
(Organisation of Arab Petroleum Exporting Countries), League of Arab States, Organisation of the Islam Conference
(OIC; HQ in Jeddah), Muslim World League (MWL; HQ in Mecca), Gulf Cooperation Council (GCC;
General Secretariat based in Riyadh), World Trade Organisation (WTO)