Saudi Arabia is a socially conservative country and interaction between unrelated men and women is prohibited. Businessmen should wait for a woman to offer her hand to shake in a meeting. In all other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their hospitality and it is impolite to...
Most expatriate residents of Saudi Arabia will find themselves living in one of the country’s three main cities: Riyadh, Jeddah and Dammam. Those living in Riyadh and Jeddah work in a wide variety of sectors, whereas most expats in Dammam – part of a tri-city area that includes Dhahran and Al Khobar – work in the hydrocarbons industry, often...
FOUR SEASONS HOTEL RIYADH Kingdom Centre PO Box 231000 Riyadh 11321 T: (+966) 11 211 5000 F: (+966) 11 211 5001 reservations.riy@fourseasons.com concierge.riy@fourseasons.com www.fourseasons.com/Riyadh Rooms: 274 rooms, including 22 executive suites, nine superior suites, three presidential suites, two royal suites and one kingdom suite. The...
Production from Saudi Arabia’s oilfields will remain at near-record levels in the short to medium term, with Riyadh looking to maintain above-average output despite low prices. At its June 2015 meeting, OPEC decided to keep the bloc’s production at 30m barrels per day (bpd), the level that had been agreed the previous November. According to...
Although gas production increased by more than 70% between 2003 and 2013 according to BP figures, harnessing its potential presents a number of challenges. Saudi Arabia has no plans to export gas, seeing it as feedstock for local power, desalination and petrochemical plants in order to free up more oil for export.
When OPEC’s member states announced that their crude oil production target would remain at 30m barrels per day (bpd) at a meeting in Vienna on November 28, 2014, Saudi Arabia was accused of waging a price war to preserve market share. The implication was that the country wanted to see the price of Brent crude fall so low that drillers in the...
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