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Profile
Jeddah
is the traditional trading hub of Saudi
Arabia. It has a substantial financial-services
sector and hosts much of the insurance business
as well as one of the largest banks in asset
terms, National Commercial Bank (NCB).
The Jeddah Chamber of Commerce and Industry
is one of the most important regional chambers
overseeing business activities in its vicinity.
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Country
Rankings
Saudi Arabia
|
|
| Ease
of Doing Business World Bank '05 |
38
of 155
|
High*
|
Corruption
Perception
Transparency International '05 |
70
of 159
|
Med
|
Growth
Competitiveness
World Economic Forum '05 |
Not
Covered
|
|
| National
Literacy |
78.7%
|
Med
|
GDP
Growth
(2004 est.) |
5%
|
Low
|
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It
is also home to 2 of a number of industrial zones
created by the Saudi government where land in
the zones is available at nominal rent, and plant
sites are connected to utilities. Jeddah
is also home to the Islamic Development Bank.
Amr
Al-Dabbagh, the governor of the Jeddah-based Saudi
Arabian General Investment Authority, recently
concluded a tour of the United States where he
met with policy and decision makers, high-level
executives and attended economic and investment
related forums. SAGIA's goal is to promote the
inward flow of investments into four sectors:
Energy, transportation, knowledge-based industries
and information and communication technology.
The Jeddah Chamber of Commerce and Industry recently
held a 'Pakistan specific week catalog show' in
which Pakistan was showcased as a country of opportunities
for Saudi investment as it offers a "very
liberal, conducive and profit earning" environment.
Key
Links:
Jeddah
Chamber of Commerce and Industry -
http://www.jcci.org.sa
Jeddah
Industrial City - http://www.jic.gov.sa
Source:
Population:
2004 or latest: http://www.citypopulation.de;
GDP Data: 2004 CIA Fact Book estimate; Literacy:
UN estimate
*
Country Ranking Codes: A relative color coding
of where the country falls compared to the 20
other Muslim countries represented in this list.
Hgh/Green=Top 3rd; Med/Yellow=Mid 3rd; Low/Orange=Bottom
rd
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