The Saudi chamber of commerce was established in Jeddah in the year 1946 for organizing economic activity and encouraging commercial activity. There are a total of 28 chambers in the Kingdom and several changes were made to keep up with the economic development of the Kingdom of Saudi Arabia.

The website gives you brief information about the Kingdom of Saudi Arabia, an overall economy overview, Saudi Arabian economy in the global economy, economic indicators and information about the economic systems. It provides all the information needed about various investment opportunities, tips and information on how to obtain a license for business collaborations in Saudi Arabia. The website gives you information about the political system and links to information about the World Bank, the International Monetary Fund, the OPEC and the SAGIA.

The website offers different information and news about the various committees for agriculture, car dealership, cement companies, commerce and information about business councils; The Saudi-Italian business council, the Economic Forum, the Business Council of Saudi Arabia etc. The Mission of a committee or a business council would be working towards developing the sector they represent, studying obstacles and limitations, and then proposing appropriate means to overcome these in a way that is found to be the best. The service of the website includes information on seminars and conferences, family facilitations for members, bar coding information from Saudi Arabia, help in export developments and resettlement support information.

The site offers membership options for companies in the US and companies in Saudi Arabia, with added member benefits such as real time market intelligence information and access to industry specific opportunities. The industry specific opportunities include trade missions, business facilitation services and networking events. The member programs and services are specifically designed to provide the members with the resources and contacts required to make crucial business decisions. Any assistance required or any questions that require answering, the website has the solution for you.

The site offers different business development programs and services. The business council staffs are experts in providing solutions for your company’s market needs. The applicability of the US – Saudi Arabian Council includes strategy market entry, scrutiny and market observation, support shows for trade shows, competition inquiry, introduction of partners, different profiles and contact information, partnership screening country-wise and other logistical support.

The site offers facts and figures about doing business in Saudi Arabia, which includes the basic economic facts of the business trends in Saudi Arabia. The other information included would be travel information about Saudi Arabia, information of about obtaining a visa and the various details and legal requirements to keep in mind when exporting to Saudi Arabia. The other material facts which are included are information about the different ministries, government agencies and organizations of Saudi Arabia, their work areas.

Similarly, the site contains the facts needed for doing business in the US, how to obtain a visa, export to US and the various details about government trade contacts.

The website provides information about the latest market news around the globe. It also provides radio news coverage on current financial developments, latest business stories and business events from the Middle East. The website provides latest Middle East news from the fields of finance, business and capital markets in the Middle East. It also offers video coverage of these events.

The Middle East business news updates provided by the website offer a collection of business intelligence and news sources, as well as the latest news and analysis regarding economics, events and trends. The community buzz table on the website lists the most read news stories, the most viewed companies, the most viewed projects and the most viewed blogs by the professional community in the last 24 hours.

The market section of the website offers latest and updated news, share information and stock market movements, current market share prices at different stock exchanges of different countries in the Middle East. The website has a research monitor which lists the latest research news about the industry sector, the different stock markets, the different equity, stock market commentaries, technical analysis and the premium research topic listing.

The website also provides much needed information on the different companies and projects, information on investments and other resources such as Middle East jobs, events, press releases etc.

The website provides an immense amount of information on the latest updated news in the industry sector of the Middle East. The industry sectors include finance and economy, media and marketing, IT and telecom, real estate and construction, energy and renewable sources of energy, transport and tourism, and updated news on other sectors like healthcare, education, retail etc. The site also provides various news and recent events and developments in countries of the Middle East.

The website also has an enhanced search option to search for companies and also to search for company events, news etc. It has also been successful in maintaining a company directory listing, with all the information anyone would want to know. The website has been broadened with an events link, showing off all the biggest and massive events taking place in the Middle East. The latest events for 2012 are none other than the Qatar Project 2012 and the Dubai Air show.

The video and audio stories on the website are the summaries of various events, topics, news and happenings that have occurred in the Middle East. The job listings on the website lists jobs from all the companies in the Middle East. Here the refined search options to search for the jobs according to company, profiles etc. are also available. The website has country guides, which give you much needed information on each country, like the location, demography, geography, weather, temperature, humidity etc.

An estimated figure of five million or more foreign workers plays a very significant role in Saudi Arabia’s economy. The contributions of the foreign workers have to do with oil and private and public sectors of the country. The total population of Saudi Arabia is 26.2 million. The gross domestic product is estimated to be at 623 billion dollars, with a staggering growth of 3.7%. The per capita income of Saudi Arabia is 23825 dollars, with unemployment remaining at 10.7% and the consumer price index inflation rate at 5.5%.

The present decade witnessed the rise of the private sectors to reduce the Kingdom’s hold upon oil. It’s also important for increasing employment opportunities for the Saudi population. The government has also started attracting foreign investments in power generation and the telecom sectors. The signing of the World Trade Organization agreement has made Saudi Arabia a land of opportunities. Despite this, the investment has been controlled by the government in certain market sectors. Investing in Saudi Arabian markets has also demanded minimum capital requirements. The financial markets have however undergone gradual transformation with some of these restrictions eased.