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With a thousand years of trading behind it and home to some of the world most successful merchants and business people, it is natural that Jeddah is the commercial capital of Saudi Arabia.
In addition, the city's geographical location places it at the heart of the region covered by the Middle East and North Africa, with all their capitals within two hours flying distance, defining Jeddah as the commercial center of the Middle East. Also, Jeddah industrial district is the third largest industrial city in Saudi Arabia after Jubail and Yanbu.
King Abdullah Street
King Abdullah Street is an important place for companies' offices and commercial developments. The street hosts some of the most powerful conglomerates in Saudi Arabia such as Emaar Middle East and Al-Farsi.
Due to the economic boom in these region there is a central business district planned in these region which would be one of the biggest CBD in the eastern world.
Tahlia Street
Tahlia Street is an important fashion and shopping street in the mid-town of Jeddah. It contains many upscale department shops, and boutiques, such as Prada, Gucci, and Giorgio Armani.
As the Champs-Élysées in Paris, Tahlia Street is believed to be the heart of Jeddah and Saudi Arabia's wealthiest district. It is also considered as one of the biggest modern shopping district in the middle east.
Major organizations headquartered in Jeddah
Jeddah Chamber of Commerce & Industry
The city has several global major organizations such as:
- Saudi Geological Survey
- Saudi Arabian Airlines
- Organization of the Islamic Conference
- Islamic Development Bank
- Jeddah Economic Forum
- Saudi Arabia's Human Rights Organization
- Jeddah Chamber of Commerce & Industry
- Jeddah Marketing Board
- International Association of Islamic Banks
- Islamic Shipowners Association
- Islamic States Broadcasting Organization
