The Modern Kingdom of Saudi Arabia

The Saudi economy is regarded as one of the best economies in the region (BTI, 2012). However, the Saudi economy is highly dependent on the oil industry (Peterson, 1984; Pramanik, 2012; M. Ramady, A., 2010; Sohail, 2012). Because of crude oil price instability, strong dependence on oil is causing problems in the Saudi Arabian economy. For example, if crude oil prices fall below $ 50, the kingdom will run out of funds within 10 years (Chatham, 2011). However, Saudi Arabia has tried to participate in the World Trade Organization (WTO) since the early 1990s (M).

Built in 1932, the modern kingdom of Saudi Arabia is a monarchic country. Saudi Arabia is an important part of the Arabian Peninsula, the Aqaba Bay and the Red Sea to the west, and the Persian Gulf to the east. The royal family of Saudi Arabia introduced the first constitution of the country based on the Islamic law. In this article I will discuss the political system of Saudi Arabia, government officials, political and economic circumstances, and diplomatic relations. Saudi Arabia is the monarchic country of the monarchy, the king is the chief of the state and the government. The King served as chairman of the Ministerial Conference (). But the power of the King is restricted by the Islamic law. He did not enact the law; he issued a certain throne () according to Sharia's law. King's most challenging duty is to maintain harmony between the royal family, the horse and the powerful part of society. Because it is forbidden to form parties, no election will be held.

Khashoggi was born into a strong Saudi Arabian family and has a close relationship with the royal family - his grandfather was a private doctor of King Abdulaziz Saudi in Kingdom of Saudi Arabia. However, in recent years, he was a direct critic of the administration and Crown Prince Mohamed Bin Salman. Some journalists, investors, and CEOs withdrew from Riyadh's three-day financial conference known as the "desert Davos". British tycoon, Richard Branson also announced the withdrawal of two tourism projects from the country and suspended discussions on Saudi Arabia's $ 1 billion investment in Virgin Atlantic.

Saudi Arabian donors are the most important funding source for Sunni terrorist organizations around the world. The Kingdom of Saudi Arabia (KSA) takes seriously the threat of terrorism in Saudi Arabia, but it was always difficult to persuade Saudi authorities to regard Saudi Arabia's terrorist financing as a strategic priority ... Misrepresentation Wired believes that Saudi Arabian people "need more work" in order to prevent funds from being provided to jihadists, but the Saudi Arabian government "detained the financial coordinator of active investigation and concern Respond to the funding of terrorism through "through" and "We are working more and more actively to weaken access to al Qaeda funding from Saudi Arabia funding sources."