Saudipedia - Economy and Business

The Saudi G.A.P. certificate stands for 'Good Agricultural Practices Certificate in the Kingdom.' It is an initiative launched by the Ministry of Environment, Water, and Agriculture in 2018 to enhance the effi...

It is a government center that aims to facilitate the procedures for starting, conducting, and closing economic businesses. The center provides all related services and operations according to the best international pra...

SATORP is a world-class refinery that began operations in 2014. It is environmentally friendly and one of the most advanced refineries in the world. It processes 450,000 barrels per day of Arabian heavy crude oil. The r...

The area of cultivated land in al-Madinah al-Munawwarah, west of the Kingdom of Saudi Arabia, is approximately 1,444.29 ha, according to the Madinah Investments Platform. This platform is an initiative of the al-Madinah...

The highest oil production in the Kingdom of Saudi Arabia reached thirteen million barrels per day during the first quarter of 2022, marking the highest level in its production history since it began commercial oil prod...

According to the statistics from September 2021, the total production volume of sheep (including both lamb and goats) in the Kingdom of Saudi Arabia is estimated to be around 28,463,878 heads. Of this total, lambs accou...

Yes, there is a regulation for freelancing in the Kingdom of Saudi Arabia. The Kingdom has made efforts to organize the labor market in all its forms and sectors, including freelancing. The Ministry of Human Resources a...

The General Authority of Media Regulation (formerly the General Commission for Audiovisual Media) in the Kingdom of Saudi Arabia has established several controls for the clearance of electronic games for commercial esta...

The Saudi Basic Industries Corporation (SABIC) was established by Royal Decree No. M/66 on September 6, 1976, and is owned by the government of the Kingdom of Saudi Arabia. It was registered as a Saudi joint-stock compa...

STC Bank is considered the first digital bank in the Kingdom of Saudi Arabia, established by converting the Saudi Digital Payments Company (STC pay) into a local digital bank to conduct banking operations in the Kingdom...

Yes, Wa'ad al-Shamal is an industrial city and an integrated investment environment located thirty km west of the city of Turayf. On November 22, 2018, the Custodian of the Two Holy Mosques, King Salman Bin Abdulaz...

In the Kingdom of Saudi Arabia, there are numerous gas fields, including al-Wasit gas plant located north of al-Jubayl Industrial City, the Shaybah field situated in the Empty Quarter desert, the Midyan gas plant in Tab...