company acknowledge by working in verities countries and cultures that reinforces ability to attract new clients. Forth‚ meet the international growth demand for consulting services (Encyclopedia of Global Industries 2012). The target market is Saudi Arabia‚ it is one of the emerging economies (Alder Audit Bureau 2010). There are several motives to target this market. First‚ the strength of economy‚ it is the largest economy in the Middle East and North Africa‚ and the 19th largest economy around
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Kingdom of Saudi Arabia is a powerful economy. According to the U.S. Energy Information Administration (EIA)‚ “Saudi Arabia was the world ’s largest producer and exporter of total petroleum liquids in 2012‚ the world ’s largest holder of crude oil reserves‚ and the world ’s second largest crude oil producer behind Russia” ("Overview‚" 2013). The economy in the Kingdom of Saudi Arabia is built on several factors that have helped it to grow. It is also noted in the report‚ that Saudi Arabia has practically
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The United States and Saudi Arabia have had a relationship for more than 80 years. This relationship has been established since the discovery of oil in the Islamic nation of Saudi Arabia in year 1931‚ which make Saudi Arabia became the main exporter of oil to the United States. Oil has become the main reason that makes these two nations become allies until today. Even though United States and Saudi Arabia have different background—religious‚ political‚ and economy—both of these nations have their
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Brazilian Embassy in Riyadh‚ the largest and the capital city of Saudi Arabia. It is located slightly east of the center of the country in the heart of the Tuwaig long cliff. If you do not know a lot about Saudi Arabia here is some facts; Saudi Arabia is an exclusively Islamic (Muslim) kingdom and Islam governs nearly every aspect of life. The public practice of any form of religion other than Islam which is prohibited in Saudi Arabia. Mecca and Medina are the two holiest cities of Islam. It is
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Saudi Arabia is the only county in the world where women are not allowed to drive. In this year 2011‚ two ladies have been taken to jail for breaking the law and driving in public. The issue of permitting women to drive has become at most controversial and argued issue in Saudi Arabia. People from all over the world start to judge Saudis as backward people‚ attach the country and criticize the law of Saudi Arabia. Here I would like to get a closer look at the situation and examine the topic in depth
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The Kingdom of Saudi Arabia requires water for sustainable social and economic development. Given that the Kingdom boasts approximately 53 hectares of arable land (Library of Congress‚ 2006)‚ it is important that the agricultural and industrial sectors as well as the rural and metropolitan population are well provided for with a consistent water supply. However‚ Saudi Arabia lies in the tropical and subtropical desert region of Asia. Therefore‚ kingdom is arid‚ thus receives little rainfall and
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Dr. M. Al Amri &Co. Doing Business in Saudi Arabia Dr. M. Al Amri &Co. DOING BUSINESS IN SAUDI ARABIA Contents ________________________________________________ Page Preface General Information Geography and climate Population and language Government Currency and foreign exchange regulations The calendar and international time zone Business hours Public holidays 1 The Economy General Basic resources Principal industries Banks Other financial institutions Stock exchange
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Business Etiquette and Cultural Sensitivity in Saudi Arabia Conducting business in a foreign country can at times present itself as a daunting task. If an individual is not attuned and sensitive to the cultural differences and nuances that exist within a given country‚ they risk complicating their business activities at best and at worst completely offending the parties they intend to conduct business with. Sensitivity to cultural norms and context are critical to understanding the processes and
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(Opinion Editorial) Women Working in Saudi Arabia Women in Saudi Arabia spend plenty of time working as hard as they can to get a well education. The go to school for twelve years‚ then college for four years‚ and after that if they would like they go and study for their Masters degree and PhD. Degrees for a few more years. After all that hard work and staying up all night finishing up reports‚ they go back home doing nothing but wait to get married. When that’s done they still stay home and
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Doing Business in Saudi Arabia | Saudi Arabian Social and Business Culture A Saudi Arabian Culture Overview Official name – Kingdom of Saudi Arabia Population – 28‚ 686‚ 633 note: includes 5‚576‚076 non-nationals* Official Language – Arabic Currency – Saudi riyal (SAR) Capital city – Riyadh GDP – purchasing power parity $582.8 billion* GDP Per Capita - purchasing power parity $20‚700* Overview A kingdom founded upon and unified by Islam‚ Saudi Arabia has fascinated travellers for centuries. From
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