Economy
Dhahran is headquarters of Saudi Aramco, the national oil company, which is considered by many measures to be the largest oil company in the world. It has the largest oil reserves in the world, the largest oil production per day of any country or company in the world and is also the largest oil exporter in the world.
Established in 1937, Dhahran is still Saudi Aramco's worldwide headquarters and the center of the company's finance, exploration, engineering, drilling services, medical services, materials supply and other company organisations. Saudi Aramco is the only oil company with operations in Dhahran, and everyone who lives in the compound is either employed by the company or the dependent of an employee.
Read more about this topic: Saudi Aramco Residential Camp In Dhahran
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)