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U.S. dollar (USD) $1 USD = 3.75 SAR. 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.
On September 30, 2016, the law went into effect when the first lawsuit was officially filed against the Kingdom of Saudi Arabia. Stephanie Ross DeSimone alleged the kingdom provided material support to al Qaeda and its leader, Osama bin Laden, in a complaint which was filed at a U.S. court in Washington, D.C. [17] Her suit was also filed on ...
The data are reported to the IMF on a voluntary and confidential basis. As of Q4 2016, there are 146 reporters, consisting of IMF member countries, a number of non-member countries/economies, and other entities holding foreign exchange reserves. From Q4 2016, the data was expanded to include renminbi (RMB). [208]
Al Waleed bin Talal Al Saud ( Arabic: الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist, and a House of Saud royal. In 2008, he was listed on Time magazine's Time 100, an annual list of the hundred most influential people in the world. [ 2] Al Waleed is a grandson ...
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.
— Sheikh Ahmed Zaki Yamani, former oil minister of Saudi Arabia and an active minister in OPEC for 25 years, in 2000 [20] By 2016, many oil exporting countries had been adversely affected by low oil prices including Russia , Saudi Arabia , Azerbaijan , Venezuela and Nigeria .
King Abdullah Economic City 23965 – 7461 Kingdom of Saudi Arabia. Area code. +966-12. Website. www .kaec .net. King Abdullah Economic City ( KAEC, / ˈkeɪk /; Arabic: مدينة الملك عبد الله الاقتصادية) is a planned city in Rabigh Governorate, Makkah Province, Saudi Arabia. It was announced as a megaproject in 2005 by ...
In January 2016, Saudi Arabia executed the prominent Saudi Shia cleric Sheikh Nimr. [67] Iran warned that the House of Saud would pay a high price for the execution of Sheikh Nimr by God's will. [67] Saudi Arabia has emerged as the main group to finance and arm the rebels fighting against the Syrian government. [68]