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Saudi Arabia is the world's leading oil producer and exporter. Saudi Arabia's economy is petroleum-based; oil accounts for 90% of the country's exports and nearly 75% of government revenue. [1] The oil industry produces about 45% of Saudi Arabia's gross domestic product, against 40% from the private sector. [2]
The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an advisory organization specializing in energy economics, climate, and sustainability that seeks to advance Saudi Arabia’s energy sector and inform global policies through evidence-based advice and applied research. [1] It is located in Riyadh, Saudi Arabia. [2]
Saudi Vision 2030 is a Saudi Arabian government program launched by Crown Prince Mohammed bin Salman in January 2016. The program aims to diversify the Saudi economy away from oil, in addition to transforming the country both socially and culturally. [1] This following is a list of all projects that were announced as part of Vision 2030: [2]
A conservation site in Saudi Arabia, located in the Red Sea. It encompasses a group of islands known for their rich biodiversity, including coral reefs, mangroves, and a variety of marine and bird life. The area is particularly known for its nesting populations of birds and its significance as a habitat for endangered species.
LONDON (Reuters) -Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world's oil trade being done in U.S ...
Patrick Mahomes threw a walk-off pass to win the Super Bowl. Freddie Freeman hit a walk-off grand slam to win a World Series game. Stephen Curry said “nuit, nuit” to win an Olympic basketball ...