Saudi Arabia - Essay Example

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The essay "Saudi Arabia" gives detailed information about the economy of Saudi Arabia. Through advancements and modernizations, the fish industry created a significant jump in the country’s economy. Once an almost forgotten industry is now considered nearly as precious as oil production…
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Download file to see previous pages The Ministry of Fish Resources is now in charge of all fishing enterprises in territorial waters. This organization tracks the status of the various fisheries and conducts studies designed to improve the status of all fisheries under their scope of responsibility. With this supervision, several restrictions and controls have been implemented, which have had the effect of developing fishing seasons and identifying the various types of shrimp and other marketable fish such as Alenagel. Thanks to the modern media, the benefits of modern fishing have been demonstrated to traditional fishermen in Saudi Arabia. With the increasing demand, Khalifa Algosaibi helped establish the kingdom’s first modern fishing company in Dammam, Saudi Arabia. The company introduced modern fishing boats and founded a facility for the manufacturing and storage of fish and fish products. With this introduction, the kingdom witnessed a leap in their economy, marking the foundation of this company as a turning point in the country’s efforts to diversify from its main export – oil. This shift caused a change in the pattern of domestic consumption as well as an increased demand for fish from both the local population and those individuals who have been recruited to work in Saudi Arabia. The primary means for catching fish in both the Gulf and the Red Sea are now benthic trawls and Shanchola nets. The primary seafood caught in the Gulf regions are Kofi shrimp, Gulf shrimp, bathroom fish, Alhamur, Alkanad, and others. ...Download file to see next pagesRead More
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