Saudi Arabia Economy | saudiaarabia

King Khalid International Airport is located 35km away from Riyadh, the capital of the Kingdom of Saudi Arabia. It has four terminals and two runways. It also has a special terminal used by the Saudi royal family and their guests.

When you arrive in King Khalid International Airport on an international flight, you will pass through the passport check first. Then you will be subjected to a security check before you arrive at the baggage reclaim area. When you retrieve your baggage you could pass through the customs check and arrive at the arrival area

Once you are in the arrival area you have access to free Wi-Fi facilities. There is a mosque in the airport for Muslims to engage in prayers. Cafes are there for you to buy snacks and drinks. Money exchange is possible as there are banks opened all 24 hours of the day. There are ATMs as well. Conference facilities are available in the hotel located within the site of the airport. In case you want to visit the city of Riyadh the best thing you could do is to hire a limousine or a taxi. Car hire is also available.

If you need to take a flight in King Khalid International airport in Riyadh, you could reach the terminal using a taxi or a hired car or book on-line for Riyadh airport transfers here. Once you are in the terminal even before you reach the check-in desks you need to go through a security check. Afterwards, you could finish the check in procedure and pass through another security check and the passport control in order to arrive at the departure hall.

In the departure area you have the opportunity to do some duty free shopping. There are restaurants and cafes as well. One specialty with this airport is that you cannot buy alcohol. It is also forbidden to take alcohol to the country. There are display screens and announcements to keep you updated on the status of your flight. You can while away the time by visiting some of the shops. However, make sure that you are at the gate as soon as it opens.

The Enormous and Perfect Saudi Arabia Economy
The Saudi Arabia is greatly known all over the world because of its oil based economy. Many people are already familiar on its very strong government that handles most of the major economic activities that the country does. It is also known that the Saudi Arabia is considered as one of the countries that has the largest reserves of the petroleum all over the world. It is ranked as the largest exporter of the product and currently plays the most important role in the OPEC.

The petroleum sector of the country is accountable for the 75% of the economy while there are also the 45% that goes for the GDP, and the 90% is because of the exports. There is only about 25% of the GDP would be getting from the different private sectors. However, the government is really good in playing the games with their economy as there are over four millions foreign workers coming from different countries all over the world are the one who is working for their economies.

As of this moment, all the transactions and companies in the country are run by the government. But, recently, they have announced the plan to start privatizing the different companies they are handling including the electricity and Telecommunications Company. The main reason behind this is that the government would want to lessen the dependence of the kingdom on the increase employment and other opportunities that the oil could give to their growing population.

Unemployment is one of the biggest problems of the country because more foreigners are getting the positions in various companies and many local people would not be interested in working. But, there are some of them that would be forced to do magnitude of work for cheaper prices in order to cope up with the needs of the government. For business trips, Saudi Arabia is a good place to consider but be reminded about the government rules and their type of religious sensitivity as they never excuse anyone that they believed who is not respecting their policies and awareness is much safer to be.

Unemployment