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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 ...
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Government Name: Kingdom of Saudi Arabia. Constitution: As Saudi Arabia is an absolute monarchy, the country does not possess a legally-binding written constitution. However, the Basic Law of Saudi Arabia was adopted by royal decree in 1992. The Basic Law overviews the responsibilites and processes of the growing institutions, but is ...
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Saudi Arabia - Saudi Arabia - Government and society: Saudi Arabia is a monarchy ruled by the Saud dynasty (Āl Saʿūd), a family whose status was established by its close ties with and support for the Wahhābī religious establishment. Islamic law, the Sharīʿah, is the primary source of legislation, but the actual promulgation of legislation and implementation of policy is often mitigated ...
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In 1990, Iraq invaded Kuwait, and Saudi Arabia called for the U.S. to respond. The Saudi government allowed U.S. and coalition troops to be based in Saudi Arabia and welcomed the Kuwaiti government in exile during the First Gulf War. These deep ties with the Americans troubled Islamists, including Osama bin Laden, as well as many ordinary Saudis.
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Saudi Arabia is the third leading source of imported oil for the United States, providing about half a million barrels per day of oil to the U.S. market. The United States and Saudi Arabia have signed a Trade Investment Framework Agreement. Saudi Arabia launched its Vision 2030 program in April 2016, laying out plans to diversify the economy ...
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Saudi Arabia and the United States have not agreed on support for Israel or engagement with Saudi Arabia’s regional rival, Iran. Saudi Arabia was a founding member of the Arab League in 1945.
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Saudi Arabia’s economic freedom score is 66.0, making its economy the 63rd freest in the 2021 Index. Its overall score has increased by 3.6 points, primarily because of an improvement in ...
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Saudi Arabia: 10 brutal facts beyond the Raif Badawi case. Tomorrow marks eight weeks since the Saudi Arabian authorities publicly flogged the blogger and activist Raif Badawi, sentenced to 1,000 lashes and 10 years in prison for “insulting Islam” and founding an online forum for political debate. After his first session of 50 lashes in ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia, is a country in Western Asia. It spans the vast majority of the Arabian Peninsula, with a land area of approximately 2,150,000 km². Saudi Arabia is the fourth-largest Asian country by area, the largest in Western Asia, and the second-largest in the Arab world. It is bordered by Jordan, Iraq, and Kuwait to the north, the Persian Gulf, Qatar, and the United Arab Emirates to the east, Oman to the southeast, Yemen to the south, and the Red Sea to west. Bahrain is an island country off the east coast. In the northwest, the Gulf of Aqaba, which measures 24 km at its widest point, separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam.... Read more
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