LYCOS RETRIEVER
Saudi Arabia: Persian Gulf
built 655 days ago
Political situation: No Arab country is governed more strictly by the strictures of Islam than Saudi Arabia. The Islamic opposition in the country has challenged the legitimacy of the House of Saud and has posed a serious to U.S. forces that provide a security umbrella to the Gulf.
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Other factors encouraging to investors are Saudi Arabia's refusal to impose currency controls—many nations have heavy restrictions on the movement of capital—its firm commitment to free enterprise and its record of political stability. And if the local market is small, the prosperity of neighboring Arabian Gulf countries tends to expand it significantly.
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