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The UAE & GCC Markets
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Saudi Arabia

Saudi Arabia has the largest reserves of petroleum in the world (26% of the proved total), ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 75% of budget revenues, 40% of GDP, and 90% of export earnings. About 35% of GDP comes from the private sector.

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Capital: Riyadh

Natural Resources: Petroleum, Natural Gas, Iron Ore, Gold, Copper

Languages: Arabic

Area: 1,960,582 sq km

Population: 21,504,613 (July 1999)

GDP: $186 billion (1998)

GDP Per Capita: $9,000 (1998)

Exports: $59.7 billion (fob, 1997)

Imports: $26.2 billion (fob, 1997)

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