Jobseekers Area
Useful Information
About Saudi Arabia
Huge Economy
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Saudi Arabia is the largest free market economy in the Middle
East and North Africa holding 25% share of the total Arab GDP. The kingdom possesses
25% of the worlds proven petroleum reserves and ranks as the largest exporter of
petroleum
The kingdoms geographic location provides easy access to
export markets in Europe, Asia and Africa. It has a continuously expanding domestic
market (annual population growth of 3%)
The Saudi economy is developing rapidly and its stock market
is the biggest in the Arab world with a market capitalization of 150 billion US
dollars
In Early 2005 the World Bank ranked the Saudi economy as
one of the biggest 20 economies worldwide.
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