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HomeBusinessRiyadh: Saudi Arabia’s Business Hub

Riyadh: Saudi Arabia’s Business Hub

Explore the vibrant economy and infrastructure of Riyadh.

January 19, 2025
in Business
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Riyadh, the capital of Saudi Arabia, serves as a major hub for government activities, manufacturing, finance, and services. The public sector is the city’s largest employer, with Saudis making up the majority of government workers. The private sector sees significant employment in services, construction, trade, and industry.

As a financial and business center, Riyadh hosts the central bank and numerous national banks, alongside private companies. Legislation requires all publicly traded companies to maintain offices in the city. A substantial portion of the nation’s factories are located here, producing a wide array of goods from machinery to textiles.

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Transportation is facilitated by King Khalid International Airport and an extensive network of highways. The city’s layout supports automobile travel, with taxis and buses providing additional transport options. A rail line connects Riyadh to the eastern seaport of Al-Dammām.

Riyadh’s administration is structured under a provincial system, with the mayor appointed by the king. The High Commission for the Development of Riyadh, through the Arriyadh Development Authority, oversees urban growth and infrastructure, operating independently of the national budget.

The city boasts advanced infrastructure, including transportation, communication networks, and power stations. Water is primarily sourced from desalination plants on the Persian Gulf and local wells.

Healthcare in Riyadh is comprehensive, with public centers offering free services and specialized care available. The city is recognized for performing complex medical procedures, attracting patients internationally.

Education is robust, with institutions like King Saud University and Imam Muhammad Ibn Saud Islamic University. Military academies and schools for women ensure educational opportunities for all. The King Abdulaziz City for Science and Technology spearheads technological research and development.

Riyadh’s cultural scene is vibrant, highlighted by the King Abdulaziz Historical Center and the National Museum. The city hosts the annual Al-Jinādiriyyah festival, celebrating heritage with cultural displays and international participation.

Tags: Cultural HeritageFinancial CenterRiyadh economySaudi infrastructureUrban Development
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