Search results
Results from the WOW.Com Content Network
Tollycraft was founded in 1936 as a wooden boat builder by Robert Merland Tollefson (better known as Tolly). In 1962 the company switched to building its boats from fiberglass . Tollefson sold the company in 1987, and it was bankrupt by 1993.
The Al-Fahd is an armoured fighting vehicle used by the Armed Forces of Saudi Arabia. It was the first armored fighting vehicle developed and built-in Saudi Arabia. The vehicle is produced by the Abdallah Al Faris Company for Heavy Industries, which is based in Dammam. [1]
Location of Saudi Arabia. Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry.
Fluctuating global oil prices had contributed to the decision. [33] The Line was expected to complete an initial section of 2.4 kilometres (1.5 mi) long by 2030, with a population of 300,000 rather than the intended 1.5 million. [33] The Saudi minister of economy and planning rejected the claims of scaling back.
This is a list of Saudi Arabians by net worth. It was compiled by Forbes magazine and released in the year 2008. [ 1 ] This is a partial list of the richest people in Saudi Arabia.
Saudi Arabian Military Industries (SAMI) is a wholly owned company of the Public Investment Fund (PIF), established in May 2017 as a pivotal entity in advancing Saudi Arabia's defense industrialization strategy.
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]
Highway 40 (Arabic: الطريق السريع ٤٠) is a major east–west six-lane controlled-access highway in Saudi Arabia, spanning 1,395 km (867 mi).The highway connects Jeddah, the second-largest city in the kingdom, on the western coast of Saudi Arabia to Dammam, the sixth-largest city on the eastern coast and the largest in the Eastern Province.