Group Name: MARKETING SOLUTIONERS

Group Leader: Jalal Ud Din

Group Member:

Waqas MehmoodMohammad RafehShahbaz KhanAhmad 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).

CurrencyRiyal

Language:Arabic

ReligionMuslim 100%

ClimateHarsh, dry desert with great extremes of

temperature

Natural resourcesPetroleum, 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

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

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