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Saudi Arabian Riyal

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:"KSA" redirects here. For other uses of the term, please see KSA (disambiguation).

The Kingdom of Saudi Arabia or KSA (, ) is the largest country of the Arabian Peninsula. It is bordered by Jordan on the northwest, Iraq on the north and northeast, Kuwait, Qatar, Bahrain, and the United Arab Emirates on the east, Oman on the southeast, and Yemen on the south. The Persian Gulf lies to the northeast and the Red Sea to its west. It has an estimated population of 27.6 million, and its size is approximately 2,150,000 square km (830,000 square miles).

The Kingdom is sometimes called "The Land of The Two Holy Mosques" in reference to Mecca and Medina, the two holiest places in Islam. In English, it is most commonly referred to as Saudi Arabia (pronounced or ). The Kingdom was founded by Abdul-Aziz bin Saud, whose efforts began in 1902 when he captured the Al-Saud's ancestral home of Riyadh, and culminated in 1932 with the proclamation, and recognition of the Kingdom of Saudi Arabia.

Saudi Arabia is the worlds leading petroleum exporter and petroleum exports fuel the Saudi economy.U.S. Energy Information Administration - Saudi Arabia Country Energy Profile Oil accounts for more than 90 percent of exports and nearly 75 percent of government revenues, facilitating the creation of a welfare state,Social Services 2Royal Embassy of Saudi Arabia-London: The Kingdom Of Saudi Arabia - A Welfare State which the government has found difficult to fund during periods of low oil prices.Gulf Daily News Human rights groups such as Amnesty International and Human Rights Watch have repeatedly expressed concern about the state of human rights in Saudi Arabia, although these concerns have been dismissed by the Saudi government.

Blog Posts from Google 

Deals expose rising cost of local debt in Saudi Arabia
The cost of borrowing in the local currency has been rising over the summer because of steps taken b...
>>Saudi Arabia Introduces Cash, Jewellery Declaration For Visito
... or 60000 Saudi Riyals. It said such visitors would fill declaration forms, stating their names,...
Far East offers fresh finance
Coupled with the measures taken by the Saudi Arabian Monetary Agency (Sama) to reduce inflation by f...
IMF vindicates Saudi dollar peg
Saudi Arabia's economy has almost doubled since 2002 with nominal gross domestic product project...
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