It is the largest nation in the Middle East bordered by Iraq in the northeast, Jordan in the north, United Arab Emirates, Qatar, Bahrain, and Kuwait in the east, Yemen in the south and Oman in the southeast. The Western Asian country is engulfed by the Persian Gulf in the northeast and to its west is the infamous Red Sea. KSA is about 830, 000 square miles and has an approximate population of 30 million people. Saudi Arabia is famous for the two Holy Mosques, Mecca and Medina. The Kingdom of Saudi Arabia was founded by a monarch by the name of Abdul-Aziz bin Saud. Ibn Saud as he is more popularly known by western nations unified the country and became king in the year 1927. His efforts however began as early as 1902.
The Western Asian country is the world’s leader in terms of petroleum export, fueling the country’s economy since 1938 when oil reserves were discovered in its vast deserts. Oil exports contribute about 75% of the country’s revenues. This large contribution facilitated the establishment of a welfare state.

During times of low prices for oil exports, the country suffers but this is a very rare situation because there is always a very high demand for oil and petroleum products. Oil has made the Kingdom of Saudi Arabia very rich. Today, Saudi Arabia is one of the major business hubs in the Middle East.

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