leaders:
none
International organization participation:
ABEDA, AfDB, AFESD, AMF, BIS, FAO, G-77, GCC, IAEA, IBRD, ICAO,
ICC, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC,
ISO, ITU, LAS, MIGA, NAM, OAPEC, OAS (observer), OIC, OPCW, OPEC,
PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO,
WToO, WTO (observer)
Diplomatic representation in the US:
chief of mission: Ambassador Turki al-Faysal bin Abd al-Aziz Al Saud
chancery: 601 New Hampshire Avenue NW, Washington, DC 20037
telephone: [1] (202) 342-3800
consulate(s) general: Houston, Los Angeles, and New York
Diplomatic representation from the US:
chief of mission: Ambassador James Curtis OBERWETTER
embassy: Collector Road M, Diplomatic Quarter, Riyadh
mailing address: American Embassy Riyadh, Unit 61307, APO AE
09803-1307; International Mail: P. O. Box 94309, Riyadh 11693
telephone: [966] (1) 488-3800
FAX: [966] (1) 488-3989
consulate(s) general: Dhahran, Jiddah (Jeddah)
Flag description:
green, a traditional color in Islamic flags, with the Shahada or
Muslim creed in large white Arabic script (translated as "There is
no god but God; Muhammad is the Messenger of God") above a white
horizontal saber (the tip points to the hoist side); design dates to
the early twentieth century and is closely associated with the Al
Saud family which established the kingdom in 1932
Economy Saudi Arabia
Economy - overview:
This is an oil-based economy with strong government controls over
major economic activities. Saudi Arabia possesses 25% of the world's
proven petroleum reserves, ranks as the largest exporter of
petroleum, and plays a leading role in OPEC. The petroleum sector
accounts for roughly 75% of budget revenues, 45% of GDP, and 90% of
export earnings. About 40% of GDP comes from the private sector.
Roughly five and a half million foreign workers play an important
role in the Saudi economy, for example, in the oil and service
sectors. The government in 1999 announced plans to begin privatizing
the electricity companies, which follows the ongoing privatization
of the telecommunications company. The government is encouraging
private sector growth to lessen the kingdom's dependence on oil and
increase employment opportunities for the swelling Saudi population.
Priorities for government spending in the short term include
additional funds for education and for
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