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The economy of Saudi Arabia is the second-largest in the Middle East and the nineteenth-largest in the world. [6] The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.
Saudization ( Arabic: السعودة ), [1] officially the Saudi nationalization scheme and also known as Nitaqat ( Arabic: النطاقات ), is a policy that is implemented in the Kingdom of Saudi Arabia by the Ministry of Labor and Social Development, which requires companies and enterprises to fill their workforce with Saudi nationals up ...
Education is the second-largest sector of government spending in Saudi Arabia. [7] Saudi Arabia spends 8.8% of its gross domestic product on education, which is nearly double the global average of 4.6%. [8] Saudi Arabia is an Islamic country and therefore Islam is interwoven in every part of society, also in education. [9]
السعودية. Saudi Arabia, [e] officially the Kingdom of Saudi Arabia ( KSA ), [f] is a country in West Asia and the Middle East. 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.
The Ministry of Investment (MISA) ( Arabic: وزارة الاستثمار ), till 2020 as the Saudi Arabian General Investment Authority (SAGIA) ( Arabic: الهيئة العامة للإستثمار ), is a government ministry in Saudi Arabia that oversees foreign investment in the country besides issuing licenses to foreign investors.
The politics of Saudi Arabia takes place in the context of a unitary absolute monarchy, [1] along traditional Islamist lines, where the King is both the head of state and government. Decisions are, to a large extent, made on the basis of consultation among the King, the Council of Ministers, Islamic scholars (until the mid-2010s), tribal ...
The Government of Jharkhand also known as the State Government of Jharkhand, or locally as State Government, is the supreme governing authority of the Indian state of Jharkhand and its 24 districts. It consists of an executive, led by the Governor of Jharkhand, a judiciary and a legislative branch. Like other states of India, the head of state ...
The Ministry of Human Resources and Social Development ( HRSD; Arabic: وزارة الموارد البشرية والتنمية الاجتماعية) is a government ministry in Saudi Arabia. It was established in 2019 after merging Ministry of Labour and Social Development with Ministry of Civil Service. [1] It is responsible for community ...