Glossary

April 1, 2011

Afghanistan | Glossary

Afghanistan, officially the Islamic Republic of Afghanistan, is a landlocked and mountainous country in central Asia. It is bordered by Pakistan in the south, Azad Kashmir in the east, Iran in the west, Turkmenistan, Uzbekistan and Tajikistan in the north, and China in the far northeast. The territory now forming Afghanistan has been an ancient focal point of the Silk Road and human migration. Archaeologists have found evidence of human habitation from as far back as 50,000 BC. Urban civilization may have begun in the area as early as 3000 to 2000 BC.
Read more...

Al Qaeda in the Arabian Peninsula | Glossary

Al-Qaeda in the Arabian Peninsula (AQAP; القاعدة في جزيرة العرب‎) is a militant Islamist organization, primarily active in Yemen and Saudi Arabia. It was named for al-Qaeda, and says it is subordinate to that group and its now-deceased leader Osama bin Laden, whose father was born in Yemen.
Read more...

Al-Qaeda | Glossary

Al-Qaeda, Arabic for "the Base," is an international terrorist network founded by Osama bin Laden in the late 1980s. It seeks to rid Muslim countries of what it sees as the profane influence of the West and replace their governments with fundamentalist Islamic regimes. It operates as a network comprising both a multinational, stateless army and a radical Sunni Muslim movement calling for global Jihad.
Read more...

Ali Abdullah Saleh | Glossary

Ali Abdullah Saleh (علي عبدالله صالح‎; born 21 March 1946 or 1942) is the first and current President of the Republic of Yemen. Saleh previously served as President of the Yemen Arab Republic (North Yemen) from 1978 until 1990, at which time he assumed the office of chairman of the Presidential Council of the Republic of Yemen (unified Yemen). He is the longest-serving president of Yemen, ruling since 1978.
Read more...

Arab Spring | Glossary

The “Arab Spring” is a revolutionary movement for democracy that swept across the Middle East after the self-immolation of a Tunisian street vendor on December 17, 2010, sparked protests that brought down an oppressive, incompetent, and corrupt Tunisian government one month later.
Read more...

Ayatollah Ali Khamenei | Glossary

Ayatollah Seyed Ali Hoseyni Khāmene’i (Persian: سید علی حسینی خامنهای; born 17 July 1939), is an Iranian politician as the figurative head of the Muslim conservative establishment in Iran and Twelver Shi'a marja.
Read more...

Bahrain | Glossary

Bahrain, officially the Kingdom of Bahrain, is a small island state near the western shores of the Persian Gulf. It is ruled by the Al Khalifa royal family. The population in 2010 stood at 1,214,705. Formerly an emirate, Bahrain was declared a kingdom in 2002.
Read more...

Banque Saudi Fransi | Glossary

Banque Saudi Fransi (BSF) is a Saudi Arabian Joint Stock Company established by Royal Decree No. M/23 dated June 4, 1977. It is a full service commercial bank serving the local and international banking needs of its clients. It is a leading provider of comprehensive financial services and products in the Kingdom of Saudi Arabia and other markets.
Read more...

Chatham House | Glossary

Chatham House, home of the Royal Institute of International Affairs, is a world-leading institute for the debate and analysis of international issues.
Read more...

China | Glossary

China is seen variously as an ancient civilization extending over a large area in East Asia, a nation and/or a multinational entity. With nearly 4,000 years of continuous history, China is one of the world's oldest civilizations. Prior to the 19th century, it possessed one of the most advanced societies and economies in the world; but through successive dynasties it then missed the Industrial Revolution in Europe and began to decline. In the 19th and 20th century, imperialism, internal weakness and civil wars damaged the country and its economy, and led to the overthrow of imperial rule.
Read more...

Crown Prince Sultan bin Abdul-Aziz Al Saud | Glossary

Prince Sultan bin Abdul-Aziz Al Saud (سلطان بن عبدالعزيز آل سعود‎) (born 1924[1] or 1928) is the Crown Prince of Saudi Arabia. He serves as the First Deputy Prime Minister and Minister of Defense and Aviation. He is one of the Sudairi Seven. Sultan is first in the Saudi line of succession.
Read more...

Dhahran | Glossary

Dhahran (الظهران aẓ-Ẓahrān) is a city located in Saudi Arabia's Eastern Province, and is a major administrative center for the Saudi oil industry. Large oil reserves were first identified in the Dhahran area in 1931, and in 1935 Standard Oil of California (now Chevron Corporation) drilled the first commercially viable oil well. Standard Oil later established a subsidiary in Saudi Arabia called the Arabian American Oil Company (ARAMCO), now fully owned by the Saudi government as Saudi Aramco.
Read more...

Economic Cities | Glossary

Economic Cities are new cities where up to five million residents will live, work and play. Each will be an exciting metropolis, designed to maximise investment potential and deliver huge advantage to businesses located there. The five economic cities are part of an ambitious "10x10" program to place Saudi Arabia among the world’s top ten competitive investment destinations by the year 2010, planned by SAGIA.
Read more...

European Union | Glossary

The European Union (EU) is an economic and political union of 27 member states which are located primarily in Europe. Its aims are peace, prosperity and freedom for its 498 million citizens — in a fairer, safer world.
Read more...

France | Glossary

France, officially the French Republic, is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France extends from the Mediterranean Sea to the English Channel and the North Sea, and from the Rhine to the Atlantic Ocean. It is often referred to as l’Hexagone ("The Hexagon") because of the geometric shape of its territory. It is bordered (clockwise starting from the northeast) by Belgium, Luxembourg, Germany, Switzerland, Italy and Monaco; with Spain and Andorra to the south. France is linked to the United Kingdom by the Channel Tunnel, which passes underneath the English Channel. It is the largest west-European country and it possesses the second-largest Exclusive Economic Zone in the world, covering 11,035,000 km2 (4,260,000 sq mi), just behind that of the United States (11,351,000 km2 / 4,383,000 sq mi).
Read more...

G20 | Glossary

The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. Since its inception, the G20 has held annual Finance Ministers and Central Bank Governors' Meetings and discussed measures to promote the financial stability of the world and to achieve a sustainable economic growth and development. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.
Read more...

GCC | Glossary

The Cooperation Council for the Arab States of the Gulf (CCASG; Arabic: مجلس التعاون لدول الخليج العربية‎), also known as the Gulf Cooperation Council (GCC; مجلس التعاون الخليجي), is a political and economic union of the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait.
Read more...

Germany | Glossary

Germany, officially the Federal Republic of Germany, is a country in Western and Central Europe. Germany is a federal parliamentary republic of sixteen states. The capital and largest city is Berlin. It covers an area of 357,021 km2 and has a largely temperate seasonal climate. With 81.8 million inhabitants, it is the most populous member state and the largest economy of the European Union. It is one of the major political powers of the European continent and a technological leader in many fields.
Read more...

Iran | Glossary

Iran, officially the Islamic Republic of Iran, is a country in Central Eurasia and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia. Both "Persia" and "Iran" are used interchangeably in cultural contexts; however, "Iran" is the name used officially in political contexts. The 18th largest country in the world in terms of area at 1,648,195 km2 (636,372 sq mi), Iran has a population of around 78 million. It is a country of particular geostrategic significance owing to its location in the Middle East and central Eurasia.
Read more...

Iraq | Glossary

Iraq, officially the Republic of Iraq, is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert. Iraq is bordered by Jordan to the west, Syria to the northwest, Turkey to the north, Iran to the east, and Kuwait and Saudi Arabia to the south. Iraq has a narrow section of coastline measuring 58 km (35 miles) on the northern Persian Gulf. The capital city, Baghdad is in the center-east of the country.
Read more...

Israel | Glossary

The State of Israel, is a parliamentary republic in Western Asia, located on the eastern shore of the Mediterranean Sea. It borders Lebanon in the north, Syria in the northeast, Jordan and the West Bank in the east, Egypt and the Gaza Strip on the southwest, and contains geographically diverse features within its relatively small area. Israel is the world's only Jewish-majority state, and is defined as a Jewish and democratic state in its Basic Laws.
Read more...

Jadwa Investment | Glossary

Jadwa Investment is a Saudi Closed Joint Stock company operating under the supervision of the Saudi Arabian Capital Markets Authority (CMA). Jadwa is licensed to offer all types of investment services including: dealing, managing, custody, arranging and advising.
Read more...

Jeddah | Glossary

Jeddah (also spelled Jiddah, Jidda, or Jedda; جدّة‎ Jidda) is a Saudi Arabian city located on the coast of the Red Sea and is the major urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after the capital city, Riyadh. The population of the city currently stands at 3.2 million. It is an important commercial hub in Saudi Arabia.
Read more...

Jordan | Glossary

Jordan, officially the Hashemite Kingdom of Jordan, and also known as JK (short for The Jordanian Kingdom), is a kingdom on the East Bank of the River Jordan. The country borders Saudi Arabia to the east and south-east, Iraq to the north-east, Syria to the north and the West Bank and Israel to the west, sharing control of the Dead Sea. Jordan's only port is at its south-western tip, at the Gulf of Aqaba, which is shared with Israel, Egypt, and Saudi Arabia. Much of Jordan is covered by the Arabian Desert. However, the north-western part of Jordan is part of the Fertile Crescent. The capital city is Amman.
Read more...

Khobar | Glossary

Khobar (الخبر) is a large city located in the Eastern Province of the Kingdom of Saudi Arabia on the Persian Gulf. It has a population of 360,000 (2009 census) and forms part of the greater Dammam metropolitan area along with Dhahran, which together have a combined population of over two million.
Read more...

King Abdulaziz Al-Saud "Ibn Saud" (1932-1953) | Glossary

King Abdul-Aziz of Saudi Arabia ( عبد العزيز آل سعود‎) (15 January 1876 – 9 November 1953) was the first monarch of the Third Saudi State known as Saudi Arabia. He was commonly referred to as Ibn Saud.
Read more...

King Abdullah bin Abdulaziz (2005-present) | Glossary

Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz was proclaimed the sixth King of the Kingdom of Saudi Arabia on August 1, 2005, upon the death of Custodian of the Two Holy Mosques King Fahd bin Abdulaziz. King Abdullah is also Prime Minister of the Council of Ministers and Commander of the National Guard.
Read more...

King Fahd (1982-2005) | Glossary

King Fahd bin Abdul Aziz Al Saud, Custodian of the Two Holy Mosques, (16 March 1921 – 1 August 2005) was the King of the Kingdom of Saudi Arabia, Head of the House of Saud as well as Prime Minister. One of forty-five sons of Saudi founder Ibn Saud, and the fourth of his five sons who have ruled the Kingdom (Saud, Faisal, Khalid, Fahd, and Abdullah), Fahd ascended to the throne on the death of his half-brother, King Khalid, on 13 June 1982.
Read more...

King Faisal (1964-1975) | Glossary

King Faisal bin Abdul-Aziz Al Saud (1906 – March 25, 1975) (فيصل بن عبدالعزيز آل سعود‎) ruled Saudi Arabia from 1964 to 1975. As king, he is credited with rescuing the country's finances and implementing a policy of modernization and reform, while his main foreign policy themes were pan-Islamism, anti-Communism, and pro-Palestinian nationalism.
Read more...

King Khalid (1975-1982) | Glossary

King Khalid bin Abdul Aziz (خالد بن عبد العزيز آل سعود‎) (1912– June 13, 1982) was Crown Prince from 1965–75 and King of Saudi Arabia from 1975-82.
Read more...

King Saud (1953-1964) | Glossary

King Saud bin Abdul-Aziz Al Saud (سعود بن عبد العزيز آل سعود‎) (January 12, 1902 - February 23, 1969) ruled Saudi Arabia from 1953-1964.
Read more...

Kuwait | Glossary

The State of Kuwait is a sovereign Arab nation situated in the north-east of the Arabian Peninsula in Western Asia. It is bordered by Saudi Arabia to the south at Khafji, and Iraq to the north at Basra. It lies on the north-western shore of the Persian Gulf. The name Kuwait is derived from the Arabic "akwat", the plural of "kout", meaning fortress built near water. The Emirate covers an area of 17,820 square kilometres (6,880 sq mi) and has a population of about 3.6 million.
Read more...

Lebanon | Glossary

Lebanon, officially the Republic of Lebanon, is a country in Western Asia, on the eastern shore of the Mediterranean Sea. It is bordered by Syria to the north and east, and Israel to the south. Lebanon's location at the crossroads of the Mediterranean Basin and the Arabian hinterland has dictated its rich history, and shaped a cultural identity of religious and ethnic diversity.
Read more...

Mahmoud Ahmadinejad | Glossary

Mahmoud Ahmadinejad (Persian: محمود احمدینژاد; born 28 October 1956) is the sixth and current President of the Islamic Republic of Iran, and the main political leader of the Alliance of Builders of Islamic Iran, a coalition of conservative political groups in the country.
Read more...

Majlis Ash Shura | Glossary

The Consultative Assembly of Saudi Arabia also known as Majlis as-Shura or Shura Council is the formal advisory body of Saudi Arabia, which is an absolute monarchy. Although it has no legislative powers, it has limited functions in government, but no power to pass or enforce laws. It has 150 members that are appointed by the King, six of them are women, and as of March 2011 is headed by Abdullah ibn Mohammed Al-Shaikh.
Read more...

Mecca | Glossary

Mecca (also spelled Makkah; مكة‎) is a city in the Makkah province of Saudi Arabia. The modern day city is the capital of Saudi Arabia's Makkah Province, in the historic Hejaz region. With a population of 1.7 million (2008), the city is located 73 km (45 mi) inland from Jeddah in a narrow valley at a height of 277 m (909 ft) above sea level. Mecca is regarded as the holiest city in Islam. Every year more than 13 million Muslims visit Mecca annually, including several million who perform the Hajj (pilgrimage).
Read more...

Medina | Glossary

Medina (المدينة المنورة‎, al-Madīnah l-Munawwarah, “the radiant city”) is a city in the Hejaz region of western Saudi Arabia, and serves as the capital of the Al Madinah Province. It is the second holiest city in Islam, and the burial place of the Islamic Prophet Muhammad, and it is historically significant for being his home after the Hijrah.
Read more...

MENA Region | Glossary

The term MENA stands for "Middle East and North Africa.” It is an acronym often used in academic and business writing to cover an extensive region, extending from Morocco to Iran, including the majority of both the Middle Eastern and Maghreb countries.
Read more...

Morocco | Glossary

Morocco, officially the Kingdom of Morocco, is a country located in North Africa. It has a population of nearly 33 million and an area of 710,850 km², and also primarily administers the disputed region of the Western Sahara. It is a part of the Maghreb region, in addition to Tunisia, Algeria, Mauritania, and Libya, with whom it shares cultural, historical, and linguistic ties.
Read more...

NOPEC | Glossary

The No Oil Producing Exporting Cartels (NOPEC) Act seeks to hold OPEC member states liable for violations of U.S. antitrust legislation for what are seen as anticompetitive attempts to limit the world’s supply of petroleum.
Read more...

Oman | Glossary

Oman, officially called the Sultanate of Oman, is an Arab state in southwest Asia on the southeast coast of the Arabian Peninsula. It is bordered by the United Arab Emirates (UAE) to the northwest, Saudi Arabia to the west, and Yemen to the southwest. The coast is formed by the Arabian Sea on the southeast and the Gulf of Oman on the northeast. The Madha and Musandam enclaves are surrounded by the UAE on their land borders, with the Strait of Hormuz and Gulf of Oman forming Musandam's coastal boundaries.
Read more...

OPEC | Glossary

The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. OPEC's objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.
Read more...

Pakistan | Glossary

Pakistan, officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a 1,046-kilometre (650 mi) coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. Tajikistan also lies very close to Pakistan but is separated by the narrow Wakhan Corridor. Strategically, Pakistan is located in a position between the important regions of South Asia, Central Asia and the greater Middle East.
Read more...

Prince Nayef bin Abdul-Aziz Al Saud | Glossary

Prince Nayef bin Abdul-Aziz, also spelled Naif, ( الأمير نايف بن عبد العزيز آل سعود‎) (born 1933) is the Second Deputy Prime Minister and long time Minister of Interior of Saudi Arabia. He is a half-brother of King Abdullah. He is one of the six surviving members of the Sudairi Seven and second in line of succession to the Saudi throne.
Read more...

Prince Saud Al Faisal | Glossary

Saud bin Faisal bin Abdul-Aziz Al Saud (سعود بن فيصل بن عبد العزيز آل سعود‎), also known as Saud Al Faisal, has been the Foreign Minister of Saudi Arabia since 1975. He is the world's longest-serving Foreign Minister. He is the son of the late King Faisal and a brother of the influential Prince Turki and Prince Khalid, Governor of the Makkah Province. He is a nephew of the present King Abdullah.
Read more...

Qatar | Glossary

Qatar, also known as the State of Qatar or locally Dawlat Qaṭar, is an Arab emirate, in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. A strait of the Gulf separates Qatar from the nearby island state of Bahrain.
Read more...

Ras Tanura | Glossary

Ras Tanura (رأس تنورة, meaning "cape oven, cape brazier" presumably due to the unusual heat prevalent at the cape that projects into the sea) is a city in the Eastern Province of Saudi Arabia located on a peninsula extending into the Persian Gulf. The name Ras Tanura applies both to a gated Saudi Aramco employee compound (also referred to as "Najmah") and to an industrial area further out on the peninsula that serves as a major oil port and oil operations center for Saudi Aramco, the largest oil company in the world.
Read more...

Riyadh | Glossary

Riyadh (الرياض‎, The Gardens) is the capital and largest city of Saudi Arabia. It is also the capital of Riyadh Province, and belongs to the historical regions of Nejd and Al-Yamama. It is situated in the center of the Arabian Peninsula on a large plateau, and is home to 4,854,000 people, and the urban center of a region with a population of close to 7 million people.
Read more...

Russia | Glossary

Russia, officially known as both Russia and the Russian Federation, is a state in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects. From northwest to southeast, Russia shares borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland (both via Kaliningrad Oblast), Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, the People's Republic of China, Mongolia, and North Korea. It also has maritime borders with Japan by the Sea of Okhotsk, and the United States by the Bering Strait. At 17,075,400 square kilometres (6,592,800 sq mi), Russia is the largest country in the world, covering more than one eighth of the Earth's inhabited land area. Russia is also the ninth most populous nation with 143 million people.
Read more...

SAGIA | Glossary

SAGIA is the "Saudi Arabian General Investment Authority" and is the government agency responsible as the "gateway to investment in Saudi Arabia." SAGIA seeks to attract ufficient investment to achieve sustainable rapid economic growth while capitalizing on the Kingdom’s competitive strengths as the global capital of energy, and as a major hub between East and West. SAGIA's mission is to support new and growing business in Saudi Arabia.
Read more...

SAMA | Glossary

The Saudi Arabian Monetary Agency (SAMA), established in 1952, is the Central Bank of Saudi Arabia. The functions of the SAMA include issuing the national currency, the Saudi Riyal, supervising commercial banks, managing foreign exchange reserves, promoting price and exchange rate stability, ensuring the growth and soundness of the financial system, and operating a number of cross-bank electronic financial systems such as (SPAN, Tadawul, SARIE, SADAD and MAQASA).
Read more...

Saudi Arabia | Glossary

The Kingdom of Saudi Arabia, commonly known as Saudi Arabia is the third-largest country in the Middle East by land area, constituting the bulk of the Arabian Peninsula, and the third-largest Arab country. It is bordered by Jordan and Iraq on the north and northeast, Kuwait, Qatar and the United Arab Emirates on the east, Oman on the southeast, and Yemen on the south. It is also connected to Bahrain by the King Fahd Causeway. The Persian Gulf lies to the northeast and the Red Sea to its west. Saudi Arabia has an estimated population of 25.7 million of which 5.5 million are non-citizens, and its size is approximately 2,149,690 square kilometres (830,000 sq mi).
Read more...

Saudi Arabian National Guard (SANG) | Glossary

The Saudi Arabian National Guard (SANG; الحرس الوطني, al-Ḥaras al-Waṭanī‎), also known as the White Army, is a separate military force of the Kingdom of Saudi Arabia. It is not part of the Saudi Arabian Defense Forces, due to its specific role as a counterbalance to the regular military. It serves both as defense force against external threats and as a security force against internal threats. Its duties include protecting the royal family, guarding against coups, protecting strategic facilities and resources, and protecting the Holy Places of Mecca and Medina.
Read more...

Saudi Aramco | Glossary

The Saudi Arabian Oil Company, or Saudi Aramco, is the world's largest oil producing company. Set up by Royal Decree in 1988, it assumed the duties of its predecessor, the Arabian American Oil Company. Its headquarters are in Dhahran, on Saudi Arabia's east coast and controls almost all of the Kingdom's vast hydrocarbon enterprises. Saudi Aramco's mission, as an integrated international oil company, is to engage in all activities related to the oil industry on a commercial basis and for profit.
Read more...

Saudi Commission for Tourism and Antiquities (SCTA) | Glossary

The Saudi Commission for Tourism and Antiquities (SCTA), was created to enhance tourism in Saudi Arabia. The Commission stresses that the tourism sector is one of the most productive sectors in Saudi Arabia. I has the ability to contain the Saudi tourists within the country, increase investment opportunities and human resource development, and to create new job opportunities for Saudi nationals.
Read more...

Shia Islam | Glossary

Shia Islam (شيعة‎) is the second largest denomination of Islam, after Sunni Islam. The followers of Shia Islam are called Shi'ites or Shias. "Shia" is the short form of the historic phrase Shīʻatu ʻAlī (شيعة علي), meaning "followers of Ali", "faction of Ali", or "party of Ali".Similar to other schools of thought in Islam, Shia Islam is based on the teachings of the Islamic holy book, the Qurʻān and the message of the final prophet of Islam, Muhammad. In contrast to other schools of thought, Shias believe that only the Almighty has the right to chose his representative to safeguard Islam, Quran and Shariah.
Read more...

Sunni Islam | Glossary

Sunni Islam is the largest branch of Islam; the second largest branch being Shia Islam. Sunni Muslims are referred to in Arabic as (أهل السنة والجماعة‎) "people of the tradition [of Muhammad] and the community"). In English, they are known as Sunnis or Sunnites.
Read more...

Syria | Glossary

Syria, officially the Syrian Arab Republic, is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest. The name Syria formerly comprised the entire region of the Levant, while the modern state encompasses the site of several ancient kingdoms and empires, including the Eblan civilization of the third millennium BC. In the Islamic era, its capital city, Damascus, one of the oldest continuously inhabited cities in the world, was the seat of the Umayyad Caliphate and a provincial capital of the Mamluk Sultanate of Egypt.
Read more...

TASI | Glossary

TASI - The Saudi Arabian stock mart, the Tadawul. [Tadawul All-Share Index - TASI] Saudi Stock Exchange (Arabic: السوق المالية السعودية‎) or Tadawul (Arabic: تداول‎) is the only stock exchange in Saudi Arabia. It is supervised by the Capital Market Authority.
Read more...

United Arab Emirates (UAE) | Glossary

The United Arab Emirates, often abbreviated as UAE or shortened to The Emirates, is a federation situated in the southeast of the Arabian Peninsula in Southwest Asia on the Persian Gulf, bordering Oman and Saudi Arabia and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar and Iran. Termed emirates because they are ruled by emirs, they are Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. The capital is Abu Dhabi, which is also the country's center of political, industrial and cultural activities.
Read more...

United Kingdom | Glossary

The United Kingdom of Great Britain and Northern Ireland is a sovereign state off the north-western coast of continental Europe. The country includes the island of Great Britain, the north-eastern part of the island of Ireland and many smaller islands. Northern Ireland is the only part of the UK that shares a land border with another sovereign state—the Republic of Ireland. Apart from this land border the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel and the Irish Sea.
Read more...

Leave a Comment