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Saudi Telecommunication Company (stc Group) was established as a Saudi joint-stock company on 21 April 1998 and began operations of telecommunications services throughout Saudi Arabia on 2 May 1998 as a wholly owned entity of the government of Saudi Arabia. [ 4 ][ 5 ] The group received commercial registration as a Saudi Joint Stock Company on ...
Virgin Mobile KSA (Saudi Arabia) Virgin Mobile KSA is a telecommunication company operating in the Kingdom of Saudi Arabia. It offers both pre-paid and post-paid plans through over 20,000 sale points in the country. Its offering targets mainly younger population, with flexible price plans and bundles.
Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠ ruʾyat al-suʿūdiyah alfayn thalāthūn, sometimes called Project 2030) is a government program launched by the Kingdom of Saudi Arabia which aims to achieve the goal of increased diversification economically, socially and culturally, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman.
Website. pif.gov.sa. The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$ 925 billion (£ 726.3 billion). [2] It was created in 1971 for the purpose of investing funds ...
Yemen. In September 2010 the penetration rate was estimated at 38.4% over a population estimate of 24.1 million. [169] Because of unreliable coverage of mobile services in certain areas, particularly in rural areas, it is common for Yemenis to utilize a phone with Dual SIM capability.
Saudi Arabia–United States relations. U.S. President Donald Trump with the King of Saudi Arabia Salman bin Abdulaziz Al Saud in Riyadh at a summit in May 2017. Bilateral relations between Saudi Arabia and the United States began in 1933 when full diplomatic relations were established. These relations were formalized under the 1951 Mutual ...
50% of Saudi Arabia's citizens owned their own home in 2017, a rise from 30% in 2011 but below the international average rate of 70%. [149] In 2011, analysts estimated 500,000 new homes per year were needed to match the growth in Saudi population, but as of early 2014 only 300,000 to 400,000 houses per year were being built. [150]
The Red Sea. The Red Sea Project (Arabic: مشروع البحر الأحمر), simply referred to as The Red Sea (Arabic: البحر الأحمر), is a tourism megaproject under construction in the Red Sea coast of Saudi Arabia. The project, which is developed by Public Investment Fund -owned Red Sea Global, forms part of the Saudi Vision 2030 ...
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