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Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia.Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia, the largest in the Middle East, and the 12th-largest in the world. [15]
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Saudi Arabia did not follow the devaluation of the USD against gold, causing the exchange rate with respect to the USD to become 4.14475 riyals in December 1971 and 3.73027 riyals in February 1973. Following the 1970s energy crisis , the riyal was revalued to 3.55001 riyals per US dollar in August 1973.
The province is located in the center of Saudi Arabia approximately 400 km (250 mi) northwest of Riyadh, the capital. It is bordered by Riyadh Region to the south and east, by Ha'il Region to the north, and by Al Madinah Region to the west. The region is connected to almost every part of Saudi Arabia by a very complicated network of highways.
Saudi Arabia is among the top five immigrant destination countries around the world, currently hosting 5.3 million international migrants in its borders. In 2017, non-native residents accounted for 38% of the Kingdom's total population, more than twice that of the United States whose immigrants make up 15% of the nation's total population. [ 48 ]
50% of Saudi Arabia's citizens owned their own home in 2017, a rise from 30% in 2011 but below the international average rate of 70%. [149] In 2011, analysts estimated 500,000 new homes per year were needed to match the growth in Saudi population, but as of early 2014 only 300,000 to 400,000 houses per year were being built.
Saudi Arabia then lost 1–0 to a Luis Suárez goal that put Uruguay as the eventual group winners. [20] Although they were already eliminated, [21] Saudi Arabia managed to win their final group stage match against Red Sea neighbours Egypt 2–1, coming back from behind after a Mohamed Salah goal. [22]