Risk Management Report - Saudi Arabia

Established by King Abdelaziz (Ibn Saud) in 1932, the kingdom is the giant of the Gulf Co-operation Council (GCC) in terms of population, territory, oil wealth and its claim to religious authority. Saudi Arabia is an absolute monarchy, whose rulers have all been sons of Ibn Saud. On 23 January, on the death of his 90-year-old brother King Abdullah, Salman Bin Abdelaziz became Ibn Saud’s sixth son of to assume the throne.