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Saudi riyal. The Saudi riyal (Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas (Arabic: هللة Halalah). The currency is pegged to the US dollar at a constant rate of exchange. [2]
330.8 billion (2023 est.) [ 7 ] Foreign reserves. $451.587 billion (April 2022) [ 12 ] (8th) All values, unless otherwise stated, are in US dollars. The economy of Saudi Arabia is the second-largest in the Middle East and the seventeenth-largest in the world. [ 6 ] The Saudi economy is highly reliant on its petroleum sector.
This list displays both of the two Saudi companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2018. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each ...
Mohammed bin Salman bin Abdulaziz bin Abdul Rahman bin Faisal bin Turki bin Abdullah bin Mohammed bin Saud (Arabic: محمد بن سلمان بن عبد العزيز بن عبد الرحمن بن فيصل بن ترکي بن عبدالله بن محمد بن سعود; born 31 August 1985), popularly known by his initials as MBS or MbS, is the heir apparent to the Saudi Arabian throne.
Saudi Arabia, [e] officially the Kingdom of Saudi Arabia (KSA), [f] is a country in Western Asia.It covers the bulk of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia and the largest in the Middle East.
Saudi Arabia–United States relations. U.S. President Donald Trump with the King of Saudi Arabia Salman bin Abdulaziz Al Saud in Riyadh at a summit in May 2017. Bilateral relations between Saudi Arabia and the United States began in 1933 when full diplomatic relations were established. These relations were formalized under the 1951 Mutual ...
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.
September 4, 2024 at 8:57 AM. ZURICH (Reuters) -Logitech International founder Daniel Borel on Wednesday failed in his attempt to oust Chairperson Wendy Becker, having accused her of failing to ...
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