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The Adventures of Saudi Arabia With. Oil. Osman Kaytazoğlu TMATH. introduction. Aim. To discover the Worlds most important petrol Oil ’s development in Saudi Arabia an its consequences. introduction. Outline. 945 8.
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The Adventures of Saudi Arabia With Oil Osman Kaytazoğlu TMATH
introduction Aim To discover the Worlds most important petrol Oil’s development in Saudi Arabia an its consequences
introduction Outline 9458 Agreements, concessions, being kingdom and the differences, decontextualized profit sharings and adventures of oil 9458
Abd ar Rahman Al Saud, granted the first oil concession in 1923.
In 1932, the country was named the Kingdom of Saudi Arabia as an Islamic state
In 1950 fifty-fifty profit-sharing agreement was signed, tax was levied by the government. 50
The original concession agreement was modified many times. The first modification was made in 1939.
In Islamic theory, Islamic law of Qouran precedes the state. The Islamic tradition does not recognise the state as the sole legal authority. court Qouran
confiscated property, especially in accordance with a legal judgment $ court $ G
A grant of a tract of land made by a government or other controlling authority in return for stipulated services.
He belonged to the Saud family (the Al Saud), who had controlled most of Arabia during the nineteenth century.