Saudi Arabia

Running Head : NATURAL RESOURCES OF SAUDI ARABIAThe Role of graphic Resources as the Main Driving factor in ofEconomic Development of [Writer s Name][Name of Institution]ContentsAbstract .3Introduction .4Brief full general Overview of .4Oil Resources and Pet sectionum Industry .6Natural Gas Resources .8Water Resources .9Other Natural Resources .11Current Economic point and the Main Economic Indexes .11Impact of Oil Related Industries on the boorish s Economic Development .13Economic Perspectives of .14Conclusion .15References .16Visuals .17AbstractNatural resources , such as oil , innate(p) waste , gold , silver , iron ore and other motley raw materials , are the principle driving factor of menses frugal education of modern . The country has advanced extracting , nicety and processing facilities , as advantageously as strong external connections for exporting oil , petroleum and various colligate products . possesses active 25 of the being s deposits of oil and produces more than 10 one million million barrels of oil a day Natural gas is currently used for producing electricity and settle withing other domestic needs . The exports of oil , petrochemicals , gold and other products helped to achieve in effect(p) frugal indexes , including 572 .2 billion GDP and 4 .7 real yield . However , high dependence of discipline economy on oil and associated industries is supposed to be dangerous for future exploitation of the countryThe Role of Natural Resources as the Main Driving Factor ofEconomic Development of Modern is among the most influential and developed stinting systems in the Middle East . It is known as the world s principal provider of petroleum and petroleum products , as well as the country which has advanced industrial technologies and offers great perspectives for strange investors . In terms of modern global tendency of economic and business systems toward internationalization , such important elements of economic development as international trade and export-import relationships play major role in national economy .

The government of follows flexible economic policies , directed on stimulating technological innovations and encouraging foreign investmentsIt is impossible to underestimate the role and importance of natural resources and related industries of for the country s economic development . The greatest part of national gross income is received from the exports of oil , petroleum , fuel and the products of associated industries . At the same time , availability of natural gas is a great opportunity to produce own energy and satisfy all domestic needs for this resource . The country overly enjoys good profits coming from the enterprises of mining industry . This search is a study of available natural resources and related industries , their contribution to the country s economic growth , as well as future outlooks of national economyBrief General Overview of The Kingdom of is one of the largest countries in the Middle East . It comprises overwhelming majority of the territories of the Arabian Peninsula and its state shares bs with Jordan , Iraq , Kuwait , Bahrain , Qatar and the United Arab Emirates...If you want to get a full essay, order it on our website: Ordercustompaper.com

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