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Saudi Arabia set to reconsider 15 percent VAT rate ...

Saudi Arabia set to announce budget for 2022, deficit likely to be narrowed down Saudi Arabia is expected to announce its budget for 2022 and the actual budget figures for the current year 2021 on ...

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Saudi Arabia building ballistic missiles with China's help

Saudi Arabia is known to have purchased ballistic missiles from China in the past but has never been able to build its own until now, according to three sources familiar with the latest intelligence.

Saudi Arabia forecasts budget surplus in 2022 as oil ...

Saudi Arabia has said it will decouple government spending next year from a surge in oil revenues in order to shore up the state's coffers, as it forecast a …

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Saudi King Salman said on Wednesday that Saudi Arabia was concerned about Iran's lack of cooperation with the international community …

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Saudi Arabia is building its own ballistic missiles with the help of China, according to United States intelligence assessments and satellite images. The assessment of U.S. intelligence agencies ...

Saudi Arabia - The World Factbook

Saudi Arabia has an oil-based economy with strong government controls over major economic activities. It possesses about 16% of the world's proven petroleum reserves, ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 87% of budget revenues, 42% of GDP, and 90% of export ...

Saudi Arabia expects 2022 budget surplus after years of ...

Saudi Arabia forecast 2.9% GDP growth this year followed by 7.4% growth in 2022, according to the budget document. The kingdom does not disclose the oil price it assumes to calculate its budget. Economists last year said it was likely based on a conservative price of around $46-$48 per barrel. For 2022, it was likely basing its budget on an oil ...

Saudi Arabia's Top 10 Exports in 2020

by Flagpictures.org Situated on the Arabian Peninsula within Western Asia, the Kingdom of Saudi Arabia shipped an estimated US$176.5 billion worth of goods around the globe in 2020. That dollar amount reflects a-1.3% decrease since 2016 and a -29.9% drop from 2019 to 2020. The top 3 product categories for Saudi Arabian exports (mineral fuels including oil, plastics …

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Armored Car Manufacturing and Sale in Saudi Arabia. Middle East world is witnessing a boom in the armored vehicle manufacturing industry, import and export of armored vehicles these years owning to many reasons and one of the prime reason among them is the heavy participation of Saudi Arabia and UAE in the Yemeni war.

Saudi Aramco cuts November crude price to Asia by 40 cents ...

Top oil exporter Saudi Arabia cut the November official selling price (OSP) to Asia for its flagship Arab Light crude to $1.30 a barrel above …