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PFAFF was founded in Kaiserslautern, Germany, in 1862 by instrument maker Georg Michael Pfaff (1823–1893). Pfaff's first machine was handmade, and designed to sew leather in the manufacture of shoes. In 1885, Georg Michael Pfaff opened a sewing machine shop in London. The PFAFF factory was expanded and modernized.
This page was last edited on 22 January 2025, at 18:39 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The company is 81.24 percent owned by the government, both directly (74.31%) and through Saudi Aramco (6.93%). [3] A Saudi Electricity Company building in Al-Khobar. In 2015, SEC, Taqnia Energy and King Abdulaziz City for Science and Technology (KACST) agreed to collaborate to build and operate the first standalone solar power station in the ...
As of 2024, Saudi Arabia's GDP per capita has surpassed all other GCC countries except Qatar and the United Arab Emirates. Saudi Arabia's GDP per capita is estimated to be approximately $33,040 in nominal terms, ranking it 35th globally, and $70,333 in purchasing power parity (PPP) terms, ranking it as the 15th highest in the world [[15]]
The Saudi Payments Network (Arabic: الشبكة السعودية للمدفوعات) or mada [1] (Arabic: مدى, lit. 'Extend', formerly SPAN) is the major payment system in Saudi Arabia.
On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, which facilitated a 65% quarterly fall in the price of oil. [1] The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic. [1]
A 1938 stamp of Saudi Arabia. This is a survey of the postage stamps and postal history of Saudi Arabia, formerly known as the Kingdom of Hejaz and Nejd until 22 September 1932. The Kingdom of Hejaz and Nejd had been separate countries until the mid-1920s. Saudi Arabia is the largest Arab country of the Middle East.
A central part of the Al Yamamah deal was the sale of Tornado fighters to the Royal Saudi Air Force.. Al Yamamah (Arabic: اليمامة, lit. 'The Dove') is the name of a series of record arms sales by the United Kingdom to Saudi Arabia, paid for by the delivery of up to 600,000 barrels (95,000 m 3) of crude oil per day to the British government. [1]