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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]
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Savvy Games Group is a Saudi multinational video game investment, development, publishing and Esports company based in Riyadh, Saudi Arabia.Established in 2021, the company was founded by the Saudi Arabia's sovereign wealth fund Public Investment Fund to foster the growth of the gaming industry in Saudi Arabia and to invest in foreign video game companies.
The Citizen's Account Program in Saudi Arabia is a cash transfer program that started in December 2017. The program is adopted and implemented by The Ministry of Labor and Social Development. [1] Through the programme, citizens in Saudi Arabia get monthly payments from the state. Saudi Arabia is doing many reforms to reduce the country's ...
Local Banks. There are 11 local licensed banks in Saudi Arabia: [2] Bank name (English) Bank name (Arabic) Headquarters. Founded. Stock code [3] Saudi National Bank (SNB) البنك الأهلي السعودي.
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, the largest in the Middle East, and the 13th-largest in the world.
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.
Designed by. Hafiz Wahba. The national flag of Saudi Arabia [a] is a green background with Arabic inscription and a sword in white. The inscription is the Islamic creed, or shahada: "There is no deity but God; Muhammad is the Messenger of God". The current design has been used by the government of Saudi Arabia since 15 March 1973.
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