Saudi Arabia (i/ˌsɔːdiːəˈreɪbiə/, i/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000km2 (830,000sqmi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.
The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.
Established in 1964, the channel produces programmes focusing on cultural, political, and economic issues aimed at expatriates living in Saudi Arabia. Following its conversion to a 24-hour channel it expanded its broadcasting to Europe and North America in the middle of 2007 and now employs a large network of news correspondents based in the Middle East, the United Kingdom and the United States.
SaudiArabia's Ministry of Industry and Mineral Resources said on Sunday that it has increased the term of industrial licences to five years ... Saudi Arabia seeks to boost foreign investment through new mining law ... Saudi Arabia last year approved a mining law to boost foreign direct investment in the sector.
SaudiArabia's benchmark index (.TASI) fell 0.4%, with Al Rajhi Bank (1120.SE) losing 0.9%, while Saudi Arabian Mining Company (1211.SE) retreated 1.2% ... read more. Saudi Arabia's economy, the largest in the Arab world, shrank 3% in the first quarter this year from a year earlier, hit by oil output cuts. read more ... read more ... read more ... ....
The SaudiProject for Landmine Clearance (Masam) dismantled 2,183 mines in Yemen during the second week of June ... Saudi and international experts are removing mines planted by the Houthi militia in Yemeni regions ...
SaudiArabian Mining Company (Ma’aden) has completed utilities commissioning on a US$900 million ammonia plant in Ras Al-Khair industrial City... Ma’aden’s mine-to-market phosphate business consists of three mega projects in Saudi Arabia.
Riyadh-listed SaudiArabian Mining Company (Ma'aden) awarded a mining services contract to Saudi Arabia-based Jac Rijk Al-Rushaid Contracting at its Mansourah-Massarah gold mine as it looks to boost gold production ... Saudi Arabia seeks to boost foreign investment through new mining law.
The SaudiArabian Mining Company (Ma’aden) has awarded a new $880 million contract at its Mansourah-Massarah gold mines, marking the company’s largest-ever investment in the gold sector ... “Saudi Arabia has vast under-explored territories compared with other world-class mining countries.
are in talks to combine their businesses, potentially forming a company with a market value of about $2.4 billion in SaudiArabia's real estate, hospitality and investment industry ... The fund holds stakes worth about $100 billion in listed Saudi companies, including in firms like Saudi Telecom Co., Saudi Arabian Mining Co., and Riyad Bank.
The government is targeting development of infrastructure, energy and mining projects to spur economic growth and create jobs. Finance officials are due in SaudiArabia this month for further talks on a planned $3bn joint investment fund ... Saudi Crown PrinceMohammed bin Salman ...
(Bloomberg) -- It’s kind of weird to say this, but after more than a decade of Bitcoin’s existence, there’s finally some consensus about what it is ... That all may be true, but those are old talking points ... There’s no SaudiArabia of gold (or Bitcoin). Both can be mined basically anywhere in the world ... Both are energy-intensive and difficult to mine ... Or ... .