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Country Profile – Kingdom of Saudi Arabia
Capital: Riyadh
Government Type: Monarchy
National Day: September 23
Constitution: Governed according to Sharia (Islamic Law) which articulates the government's rights and responsibilities. September 23
Head of State (King): H.M. King Salman Bin Abdul Aziz Al-Saud, the Custodian of the Two Holy Mosques and Prime Minister.
Governor of the Saudi Arabian Monetary Agency (SAMA): H.E. Dr. Fahad A. A. Al-Mubarak
Chairman of Capital Market Authority - CMA: H.E. Mr. Mohammed Bin Abdullah Al Jadaan
Geography
Land Area: 2,331,000 Sq. Km. (900,000 Sq. Miles)
Population: 26.132 million (July 2011 estimate)
Language: Arabic (official); English is also commonly used.
Basic Data
Currency: Saudi Riyal (SR) = 100 Hallalas
Exchange Rate: SR 3.75 = US$ 1
Natural Resources: Petroleum, natural gas, iron, gold and copper (Saudi Arabia has the largest proven oil reserves in the world).
Time: 3 hours ahead of GMT
Country Code: + 966
Official Holidays: Eid Al Fitr & Eid Al Adha (Dates of Islamic holidays, depending upon the sighting of the moon), September 23 (National Day). Weekends: Thursday and Friday for Government and Financial institutions, Friday for private businesses.
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