Office Space in Saudi Arabia
Situated in the Middle East, the Kingdom of Saudi Arabia is a sovereign nation and neighbours Yemen, Oman, Jordan, Bahrain, Qatar, Kuwait, Iraq and the United Arab Emirates. With some of the world’s largest reserves of oil, the country ranks among the top 20 richest nations in the world in terms of GDP.
Even though Saudi Arabia is a member of the G20, its economy is not very diversified and is heavily reliant on the export of oil. The government is now taking steps to decrease the county’s dependence on this natural resource and is encouraging growth across different sectors. Saudi Arabia holds a strategic position in the region and is also a member of the Gulf Cooperation Council (GCC), the Organisation of Islamic Cooperation and the Organization of the Petroleum Exporting Countries (OPEC).
Riyadh, the capital city, is the commercial centre of the kingdom and many multinational corporations have established their head offices here. The city has an excellent international airport and is well connected by a modern road system. Serviced office space in Riyadh is available in several areas including the well-known Olaya Street and King Fahd Road.