Saudi Arabia's International Business Law Saudi Arabia and Socio Economics Oil wealth, which led to dramatic standard of living increases in the Gulf for much of the second half of the twentieth century, no longer is enough to ensure the prosperity of several states. Living standards in Saudi Arabia, Bahrain, and Oman have remained at a standstill in recent years. For example, from 1980 to 1998, the Saudi economy grew at an

Saudi Arabia vs. American Business Culture A number of U.S. And Europe-based MNCs have, in the past, suffered huge losses due to the lack of appreciation for the Asian way of conducting business, and their culture in general. This explains why it is necessary for businesses and individuals to understand and manage diversity in culture. There is a huge cultural variation between the western and the Asian worlds. Diversity management goes

Thus, Saudi Arabia is caught between a short-run dependency on oil that has it opposing tight restrictions on oil consumption, but has a long-run interest in moving away from the oil economy, something that will only be forced by decreasing oil revenues. There are indications that Saudi Arabia is willing to be flexible in negotiations. It is unlikely that the country would accept limits on its own consumption of fossil

This also includes the well-known Saudi offshore portion of the Persian Gulf which was the focus of much interest and debate during the first Gulf War in early 1990's as a result of Iraq's invasion of Kuwait. Geologically, these oil fields "are mostly the result of what is known as extensional block faulting" in ancient sedimentary rock layers (i.e., sandstone and shale) "in the crystalline Pre-Cambrian basement (or subfloor)" which

To help limit the potential bias in a study as this, and to help support the validity of the results, the researcher will cross compare the results of the study with information gathered from other recent studies monitoring surveillance programs within the primary regions and throughout other areas of the country. It is important to note that to further validate this study, additional research in the future involving a much

In other words, the Court looked at why Nelson was suing Saudi Arabia, and determined whether those claims were based on Saudi Arabia's actions as a sovereign nation or on its actions as a business. Sovereign immunity should continue, even if it results in the occasional unjust activity. To subject foreign governments to liability for their actions as governments would be allowing other countries to dictate the internal policies of