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.
Bitcoin and other cryptocurrencies could cause the next financial crash, according to a top Bank of England official, Daily Mail reported ... But he added. 'The picture is less clear for financial institutions.' ... Also Read. Fact Check. Saudi Aramco isn't going to start Bitcoin mining; rubbishes rumours [details] ... England. Trending now ... Advertisement. .
Listen here ... He tells us about how the growing demand for cobalt to make electric-car batteries has led to increased mining in the DRC, which has such vast reserves of the element it’s known as “the SaudiArabia of cobalt.” Byamungu also tells us about the…This article was originally published on Mongabay .
(Bloomberg) -- An Australian company plans to invest $3 billion in SaudiArabia in a bet on the metals used in batteries for electric vehicles ... It would be one of the first major deals since Saudi Arabia passed a law to attract investments in mining as it looks to diversify its oil-dominated economy ... Promoting Mining.
SaudiArabia's benchmark index (.TASI) finished 0.3% higher, led by a 0.8% gain in Al Rajhi Bank (1120.SE) and a 2.1% rise in Saudi Arabian Mining Company (1211.SE). Among other gainers, oil giant Saudi Aramco (2222.SE) added 0.5% ... read more ... read more ... read more ... However, EmaarMalls (EMAA.DU) retreated 1.5% ... Our Standards ... More from Reuters ....
(MENAFN)Mining and extracting activity carried on to be main factors for the development in the SaudiIndustrial Production Index (IPI) that increased yearly by 5.8 percent in August. Data published by GASTAT reported that the sector's... .
by Kathy Kiely ...Global political threats ... Journalists are the canaries down the noxious mine shaft ... whether it is the grisly dismemberment of Saudi dissident and writer Jamal Khashoggi, the grounding of a commercial airplane to snatch a Belarusian journalist or the infamous graffiti “Murder the Media” scrawled onto a door of the U.S ...Digital menace.
Twenty-one Saudi companies are taking part in Anuga 2021, the leading global trade fair for the food and beverage industry, being held in Cologne, Germany. The companies are participating in the exhibition under the umbrella of the “Made in Saudi” program ... “Made in Saudi” aims to ...
CAIRO/RIYADH. Mining and quarrying activity (which includes oil activity) continued to be a key driver for the growth in the SaudiIndustrial Production Index (IPI), which grew annually by 5.8 percent in August. The sector's growth increased by 6.5 percent YoY in August, according to data published by GASTAT ...Egyptian urban inflation ... Turkish Lira ... ....
Mining companies have staked claims throughout the island in a quest that also includes nickel, cobalt, titanium and, yes, gold ... The lodestone attracted an Australian company backed by Chinese investors that had hoped to blast an open-pit mine — until it ran into Paviasen ... “The mining companies know what we have in Narsaq,” she said with a frown.