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The economy of Saudi Arabia is the second-largest in the Middle East and the nineteenth-largest in the world. [6] The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.
Saudization ( Arabic: السعودة ), [1] officially the Saudi nationalization scheme and also known as Nitaqat ( Arabic: النطاقات ), is a policy that is implemented in the Kingdom of Saudi Arabia by the Ministry of Labor and Social Development, which requires companies and enterprises to fill their workforce with Saudi nationals up ...
According to official figures in 2012, foreign workers filled 66 per cent of jobs in Saudi Arabia, despite an official unemployment rate of 12 per cent amongst Saudis, and expatriates sent, on average, US$18 billion each year, in remittances to their home countries. [8]
OPM-SANG was established in 1973 in an agreement signed by then Saudi Arabian Crown Prince Abdullah bin Abdul Aziz Al-Saud and the U.S. Ambassador to the Kingdom of Saudi Arabia in response to a request from former King Faisal bin Abdul Aziz. The contract to modernize the Saudi Arabian National Guard was awarded in 1975 to Vinnell Corporation.
Riyadh, Saudi Arabia. Agency executive. Ahmed Al-Rajhi, Chairman. Website. www .hrdf .org .sa. The Human Resources Development Fund (HRDF) [1] is a Saudi governmental authority that was established by a royal decree in July 2000. [2] It falls under the Saudi Ministry of Labor and Social Development. [3]
This is a list of salaries of heads of state and government per year, ... Saudi Arabia: 9,600,000,000 USD royal allowance 132,400 USD Senegal: 15,210 ...
Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠ ruʾyat al-suʿūdiyah alfayn thalāthūn, sometimes called Project 2030) is a government program launched by the Kingdom of Saudi Arabia which aims to achieve the goal of increased diversification economically, socially and culturally, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman.
Saudi Arabia has at least 15 active military airfields. As of 2011, Saudi Arabia has around 300 combat aircraft. The kingdom's combat aircraft are newly acquired Typhoons and upgraded Tornado IDS, F-15 Eagle and F-15E Strike Eagle fighter planes. Saudi Arabia has a further 80+ F-15 Eagles on order and an option to buy another 72 Typhoons.
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