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Javedan Corporation Limited, doing business as Naya Nazimabad (Urdu: نیا ناظم آباد), is a housing project that is being developed around the Manghopir Lake. [2]In 2020, the heavy rain in Karachi caused some blocks of the housing project to be flooded because of inadequate sewage and water disposal lines, the management was said to have taken measures to avoid such disasters 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]]
Agriculture in Saudi Arabia is focused on the ... the average fallow land plot given to individuals was 5.9 hectares, 118 hectares to projects, and 15,375 hectares to ...
Saudi Arabia commissioned a SAR 700-million (almost US$190-million) concrete multi-plant factory capable of producing up to 20,000 cubic meters (roughly 700,000 cubic ft) of concrete per day. By October 2024 over 100,000 workers were preparing the initial grading, working around the clock. [citation needed]
The Arabian Aquifer System is primarily located in Saudi Arabia but also in Jordan, Syria, Iraq, Kuwait, Bahrain, Qatar, United Arab Emirates, Oman, and Yemen. [1]Starting in the 1980s, Saudi Arabia's rapid agricultural development fueled by government involvement and subsidies resulted in a large increase in water being drawn from the aquifers in the system, many of which are non-renewable. [2]
The creator and leader of the project is Saudi Arabian prince Al-Waleed bin Talal, [14] a grandson of Ibn Saud, and nephew of the Kings of Saudi Arabia after Ibn Saud. Al-Waleed is the chairman of Kingdom Holding Company (KHC), which is a partner in the Jeddah Economic Company (JEC), which was formed in 2009 for the development of Jeddah Tower ...
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]
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]