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Saudi Export Development Authority (SEDA) ( Arabic: هيئة تنمية الصادرات السعودية ), simply shortened to Saudi Exports, [1] is an organ of the Ministry of Industry and Mineral Resources in Saudi Arabia that is responsible for developing the country's export industry in the non-oil sector. [2] [3] It was established in ...
The Saudi Fund for Development (SFD) is a Saudi Arabian government agency that provides development assistance to developing countries by financing social and infrastructure projects. The fund seeks to support the economies of recipient countries by enhancing economic growth and promoting job opportunities. SFD was established in 1974 and began ...
The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014. Though, United Arab Emirates has been successfully diversifying its economy, the country remains extremely reliant on oil. With the exception of Dubai, most of the UAE is dependent on oil ...
Website. Official website. Advanced Electronics Company ( AEC) is a company in Saudi Arabia that was established in 1988 under the Economic Offset Program as per the directives of the government of Saudi Arabia. AEC is a state owned organization specializing in the field of defense, energy, Digital & security services, and modern electronics.
Pouyan Salehi, CEO and co-founder, Scratchpad; Rami Essaid, CEO and founder, Finmark; Melonee Wise, CEO and co-founder, Fetch Robotics; Find out what your customers want — and build it. First ...
The Saudi Central Bank ( Arabic: البنك المركزي السعودي ), previously known as the Saudi Arabian Monetary Authority ( SAMA; Arabic: مؤسسة النقد العربي السعودي ), [2] established in 1952, is the central bank of the Kingdom of Saudi Arabia. After the name change in 2020, the Saudi Central Bank continued to ...
The Saudi Council of Economic and Development Affairs is one of two subcabinets of the Kingdom of Saudi Arabia. It was established by King Salman to replace the Supreme Economic Council, and is led by the King Salman’s son and Crown Prince Mohammad bin Salman, who holds additional roles such as Defense minister. [1] [2]
In November 1988, a royal decree created a new Saudi Arab company, the Saudi Arabian Oil Company, to take control of the former Aramco assets (or Saudi Aramco) and took the management and operations control of Saudi Arabia's oil and gas fields from Aramco and its partners. In 1989–90, high-quality oil and gas were discovered in three areas ...