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The Saudi riyal (Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas (Arabic: هللة Halalah). The currency is pegged to the US dollar at a constant rate of exchange. [2]
The history of Saudi Arabia as a nation state began with the emergence of the Al Saud dynasty in central Arabia in 1727 [1] [2] and the subsequent establishment of the Emirate of Diriyah. Pre-Islamic Arabia , the territory that constitutes modern Saudi Arabia , was the site of several ancient cultures and civilizations; the prehistory of Saudi ...
Saudi Arabia topography Harrat Khaybar seen from the International Space Station. Saudi Arabia is home to more than 2000 dormant volcanoes. [133] Lava fields in Hejaz, known locally by their Arabic name of harrat (the singular is harrah), form one of Earth's largest alkali basalt regions, covering some 180,000 square kilometres (69,000 sq mi ...
Madawi Al-Rasheed, A History of Saudi Arabia, Cambridge University Press, 2002, ISBN 0521644127; David Fromkin, A Peace to End All Peace, Holt, 1989, ISBN 978-0805088090. David Holden and Richard Johns, The House of Saud, Pan, 1982, ISBN 0-330-26834-1 (reprint of the Sidgwick and Jackson edition, 1981, ISBN 0283984368)
After seeking advice and expert help from a number of friendly countries, primarily the US, the Saudi riyal was linked to the United States Dollar and apart from structural, regulatory, and procedural reforms within a revamped Ministry of Finance; a Central Bank under the name of the Saudi Arabian Monetary Agency (SAMA) was established during 1952.
The project cost 2 billion Saudi Arabian Riyals and the contract was undertaken by El-Seif. The Kingdom Centre is the winner of the 2002 Emporis Skyscraper Award , selected as the "best new skyscraper of the year for design and functionality".
The king is the commander-in-chief of the Saudi Arabian Armed Forces and the head of the Saudi national honors system. The king is called the " Custodian of the Two Holy Mosques " ( خادم الحرمين الشريفين ), a title that signifies Saudi Arabia's jurisdiction over the mosques of Masjid al-Haram in Mecca and Al-Masjid an-Nabawi ...
King of Saudi Arabia r. 1932–1953: Saud 1902–1969 King of Saudi Arabia r. 1953–1964: Faisal 1906–1975 King of Saudi Arabia r. 1964–1975: Khalid 1913–1982 King of Saudi Arabia r. 1975–1982: Fahd 1920, 1921, or 1923–2005 King of Saudi Arabia r. 1982–2005: Abdullah 1924–2015 King of Saudi Arabia r. 2005–2015: Salman b. 1935 ...