Profit depends on oil exports of Saudi Arabia's cabinet approved a plan to change the economy.
On Monday, the BBC report, more than 70 percent last year, the country's income from oil exports was. But falling oil prices, the country's income from exports is decreasing.
Aramakora large state-owned oil company to sell shares in a fund sovereign decision.
The Deputy Crown Prince Mohammed bin Salman, who has said the country's economy has become addicted to oil.
Saudi news channel Al-Arabiya said the description of Vision 2030, by ২0২0 will end his country's dependence on oil.
Among the reforms he has announced, the aramakora 5% of the shares will be sold, the price is $ .5 trillion. The size of the fund from the sale of two trillion dollars. The new visa system will be introduced, through which Muslims and Arabs in Saudi Arabia can not work in the long run. Mining and manufacturing sectors will be invested in weapons. Work will be increased participation of women.
Saudi Arabia is the biggest exporter of crude oil in the world market recently, the budget deficit has been falling oil charge.
On Monday, the BBC report, more than 70 percent last year, the country's income from oil exports was. But falling oil prices, the country's income from exports is decreasing.
Aramakora large state-owned oil company to sell shares in a fund sovereign decision.
The Deputy Crown Prince Mohammed bin Salman, who has said the country's economy has become addicted to oil.
Saudi news channel Al-Arabiya said the description of Vision 2030, by ২0২0 will end his country's dependence on oil.
Among the reforms he has announced, the aramakora 5% of the shares will be sold, the price is $ .5 trillion. The size of the fund from the sale of two trillion dollars. The new visa system will be introduced, through which Muslims and Arabs in Saudi Arabia can not work in the long run. Mining and manufacturing sectors will be invested in weapons. Work will be increased participation of women.
Saudi Arabia is the biggest exporter of crude oil in the world market recently, the budget deficit has been falling oil charge.