... problems were facing the government made the developing of the country running slowly. So, in spite of the fact that Saudi Arabia has the largest oil reserves in the world, the country didn't get the expectant revenue. However, in 1980 the Saudi's government considered some rules after the decreasing of revenue which had caused by the fall of oil prices (www.saudinf.com 29/8/2006). One of these rules is to be more flexible dealing with the developed countries particularly the USA and the UK. Furthermore, the government invited many oil companies such as Exxon Mobil and Shell to invest in oil field. These steps which are made by the government to open their economy help the country's economy to rise after a period of stagnation. In addition, ' in 1997 Saudi Arabia established the Supreme Economic Council to formulate and better coordinate economic development policies in order to accelerate institutional and industrial ...

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