Saudi Arabia Business Directory & List of Companies
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Saudi Arabia: A Brief Overview
Saudi Arabia, the largest country in the Middle East, is known for its rich history, culture, and significant global influence. Let's explore some key facts about this nation.
Provinces in Saudi Arabia
Saudi Arabia is divided into multiple provinces, each with its own unique characteristics. Here are the provinces, along with their population numbers and provincial capitals:
- Riyadh Province - Population: Over 8.7 million - Provincial Capital: Riyadh
- Makkah Province - Population: Over 7.7 million - Provincial Capital: Mecca
- Eastern Province - Population: Over 4.9 million - Provincial Capital: Dammam
- Asir Province - Population: Over 2.6 million - Provincial Capital: Abha
- Madinah Province - Population: Over 2.1 million - Provincial Capital: Medina
Top Five Cities in Saudi Arabia
Saudi Arabia is home to vibrant cities that play a crucial role in the country's development. Here are the top five cities in Saudi Arabia based on population:
- Riyadh - Population: Over 8.7 million
- Jeddah - Population: Over 4.1 million
- Mecca - Population: Over 1.5 million
- Dammam - Population: Over 1.3 million
- Medina - Population: Over 1.1 million
Economy of Saudi Arabia
Saudi Arabia boasts a robust economy driven by oil production and a diverse set of industries. Here are some key economic figures:
- GDP: Approximately 793 billion USD
- GDP Growth Rate: Varied over the years, influenced by global oil prices and economic policies
- GDP per Capita: Around 23,000 USD, reflecting a high standard of living for the population
- Exports/Imports: Saudi Arabia is a major exporter of oil and imports various goods and services
- Unemployment Rate: Approximately 12%, with ongoing efforts to reduce youth unemployment
- Ease of Doing Business: Saudi Arabia is implementing reforms to enhance its business environment
- Key Sectors: The economy is dominated by the oil and petrochemical industries, but there are also investments in sectors like tourism, entertainment, and technology.
List of Largest Companies in Saudi Arabia
- Saudi Aramco: The state-owned oil company of Saudi Arabia and one of the largest oil companies in the world.
- SABIC (Saudi Basic Industries Corporation): A global leader in diversified chemicals, petrochemicals, and plastics.
- STC (Saudi Telecom Company): The largest telecommunications company in Saudi Arabia, providing a range of communication services.
- Al Rajhi Bank: One of the largest Islamic banks in the world, offering banking and financial services.
- Saudi Electricity Company: Responsible for generating and distributing electricity throughout the Kingdom.
- Almarai: A leading dairy and food products company in Saudi Arabia and the Middle East.
- Saudi Arabian Mining Company (Ma'aden): Engaged in the mining and mineral industry.
- Saudi British Bank (SABB): A subsidiary of HSBC, providing banking services in Saudi Arabia.
- National Commercial Bank (NCB): One of the largest financial institutions in the country, offering banking and financial services.
- Saudi Arabian Fertilizer Company (SAFCO): A major producer of chemical fertilizers.
List of Top Ten Banks in Saudi Arabia
- National Commercial Bank (NCB)
- Al Rajhi Bank
- Riyad Bank
- Samba Financial Group
- Saudi British Bank (SABB)
- Banque Saudi Fransi (BSF)
- Arab National Bank (ANB)
- Alinma Bank
- Saudi Investment Bank
- Bank Albilad