Group Name: MARKETING SOLUTIONERS Group Leader:
Jalal Ud Din
Group Member: Waqas Mehmood Mohammad Rafeh Shahbaz Khan Ahmad Nawaz
Flag of Saudi Arabia
National name Al-Mamlaka al-'Arabiya as-Sa'udiya
History The homeland of Islam, the world's second-largest religion. Muhammad (S.A.W.W) founded Islam there, and it is the location of the two holy pilgrimage cities of Mecca and Medina. Saudi Arabia is the birthplace of Islam. Saudi Arabia is not only the homeland of the Arab peoples—it is thought that the first Arabs originated on the Arabian
Sovereign King Abdullah
Capital Riyadh
Government Saudi Arabia was an absolute monarchy until 1992, at which time the Saud royal family introduced the country's first constitution. The legal system is based on the sharia (Islamic law).
Currency Riyal
Language: Arabic
Religion Muslim 100%
Climate Harsh, dry desert with great extremes of
temperature
Natural resources Petroleum, natural gas, iron and gold
The calendar The Saudi Government operates according to the Hegira calendar. The twelve months of the Hegira calendar have 29 or 30 days totaling 354 days. Because the beginning of each month depends upon the sighting of the moon
Dress Code For Men: The only absolute requirement of dress code in the Kingdom is modesty. For men, this means covering everything from navel to knee.
Dress Code (Cont.) For Women: Women Clothes in Saudi Arabia are the traditional burkhas, and cover everything except the face
Customs and Traditions The Saudi Arabian monarchial government recognizes the Quran as the Constitution of the country. The Customs and Traditions in Saudi Arabia are based on the tenets mentioned in the Quran
Culture Saudi Arabia is a Muslim country in which Islamic laws are strictly implemented. No alcohol, pork products and any other things which are forbidden by Islam are not permitted in the country. There are no bars in Saudi Arabia
Product Saudi Arabia is considered to be the world's leading
petroleum country in terms of reserves, production, exports and refining capacity. The Kingdom owns one quarter of the world reserves, 13 percent of world production, more than 20 percent of petroleum sales in international markets and a refining capacity of more than 3.5 million barrels per day (MMBD). Saudi Arabia has held a monopoly over oil production
Consumer Market The Kingdom ranks the world's first in oil reserves, production and exports. Its proven oil reserves by the end of 2006 amounted to approximately259.9 billion barrels, constituting about 25% of the world's total oil reserves. The Kingdom's oil production averaged 8,9 million barrels per day (bpd) in 2006, or about 11% of world production, and the volume of its oil exports in the same year reached about 7 million barrels per day, or about 11% of world oil exports.
Consumer Market (Cont.) Britain was initially unenthusiastic about the
prospects of oil production in the peninsula as its main interest lay in the Anglo-Persian Oil Company’s. US oil company Standard Oil Company of California (SOCAL) successfully negotiated a very favourably 60 year concession.
View of Saudi Arabia