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The NCAAA provides services for individuals, government entities, and private entities. [1] The services include programmatic accreditation, i.e., a recognition by the NCAAA that an academic program has met the organization's quality assurance and academic accreditation standards.
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 [[17]]
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]
Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries ...
University/College Foundation City Website: Riyadh Region; King Saud University: 1957: Riyadh: www.ksu.edu.sa: Princess Nora bint Abdul Rahman University: 1970
King Saud University (KSU, Arabic: جامعة الملك سعود, romanized: Jāmiʿa al-Malik Saʿūd) is a public university in Riyadh, Saudi Arabia.Established in 1957 by King Saud bin Abdulalziz to address the country's skilled worker shortage, it is the first university in Saudi Arabia. [3]
The company has close ties to the Mohammed bin Salman government in Saudi Arabia. [6] King Salman's sons have chaired the company. [ 4 ] Its closeness to the government of Saudi Arabia has led it to be considered an outlet for the government in the west, particularly in the United Kingdom .
Public education in Saudi Arabia—from primary education through college—is open to every Saudi citizen. 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 ]