The number of sovereign wealth funds (SWFs) operating in the GCC has grown significantly in the last decade. The value of these SWFs – created to invest and manage the huge sums flowing into the region from hydrocarbons sales – stood at $2.9trn in March 2017, according to the Sovereign Wealth Fund Institute (SWFI), reflecting 38.5% of the...
As a member of the G20 and the world’s 17th-largest exporter, Saudi Arabia is an economic powerhouse. Classified as a high-income nation by the World Bank, its population of over 30m has established a consumer market in which domestic and global businesses have prospered. The exploitation of its hydrocarbons resources has driven growth for...
Civil Service (011) 402 6900 Commerce & Investment (011) 401 2222 Communications & Information Technology (011) 452 2222 Culture & Information (011) 401 4440 Defence (011) 478 9000 Economy & Planning (011) 401 1444 Education (011) 404 6666 Energy, Industry & Mineral Resources (011) 478 7777 Environment, Water &...
FOUR SEASONS HOTEL RIYADH AT KINGDOM CENTRE Kingdom Centre, Olaya, Riyadh 11321 T: (+966) 11 211 5000 F: (+966) 11 211 5001 www.fourseasons.com/riyadh reservations.riy@fourseasons.com concierge.riy@fourseasons.com Rooms: 274 rooms, including 22 executive suites, 9 superior suites, 3 presidential suites, 2 royal suites and 1 kingdom suite....
MANNERS: 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...
Visits to Jeddah are on the rise, and this is expected to continue amid efforts to promote domestic tourism and position the wider industry as a significant contributor to economic development. According to the Tourism Information and Research Centre (MAS), the statistical arm of the Saudi Commission for Tourism and National Heritage, domestic...
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