The Saudi Economy in Brief

Saudi Arabia is the largest free market economy in the Middle East and North America holding 25% share of the total Arab GDP. During the last three decades Saudi Arabia attracted foreign investments, due to the unique location, the petrol and mineral  fortunes, the open economic policy, the large market, the privatization, and the incentive plans issued by the government.  The Saudi Arabia economy witnessed great improvements in all aspects including the education and training sectors.

The Eastern Province

The Eastern Province serves as the backbone of the Saudi economy, being one of the world’s largest reservoirs of crude oil and gas. It is uniquely fortunate in its geographical gateway location, being on a sea and land route, it serves as an arterial road between the Gulf countries, India, Far East countries and with the Kingdom and other Arab neighboring countries. The Eastern Province has common boarders with Kuwait, Iraq, Qatar, Bahrain, United Arab Emirates and Sultanate of Oman.

The Eastern Province is the largest region in the Kingdom. Its extended flat area is 778,500 square kilometers, and extends for 700 kilometers along the coast of the Arabian Gulf.

The Eastern Province represents 36% of the area of the Kingdom, and is considered to be the Kingdom’s largest industrial and commercial area comprising 86% of the Saudi basic industries.