Saudi Arabia

Paper Summary:

This paper presents a detailed examination of Saudi Arabia and its demographic statistics and interests and compares it to business marketing possibilities. The writer explores several issues including legal, tax, cultural and partnership issues that make doing business in Saudi Arabia a profitable venture. The paper explores how Saudi Arabia is exploding with business opportunities. The paper concludes that, as long as one respects the laws of Islam, the cultural traditions that go with it, and the government laws regarding business within that nation, there is room for significant business success.

Outline:
Introduction
The Nation
Investment Climate
Conclusion

From the Paper:

"The main economic strength within the nation is oil. The nation currently possesses over 260 billion barrels of oil reserves which equals almost one quarter of the world's total petroleum reserves (Saudi Arabiahttp://en.wikipedia.org/wiki/Saudi_Arabia#Politics).
While oil continues to be its largest economic strength the nation is trying to diversify its economy. This means it is an opportune time to go into business in Saudi Arabia. The country invested more than $25 billion to build a city called King Abdullah Economic City"(Saudi Arabiahttp://en.wikipedia.org/wiki/Saudi_Arabia#Politics) . The city is currently under construction which provides many business opportunities both in its completion and in its maintenance once it is completed."

Sample of Sources Used:

• Doing Business in Saudi Arabiahttp://www.mideastlaw.com/middle_eastern_laws_saudi_arabia.html
• Business Information http://www.mofa.gov.sa/Detail.asp?InSectionID=1515&InNewsItemID=28886
• Saudi Arabiahttp://en.wikipedia.org/wiki/Saudi_Arabia#Politics
• Saudi Arabia http://www.imf.org/external/country/SAU/index.htm

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