SAUDI ARABIA UNVEILS PLAN TO END OIL DEPENDENCY

SAUDI ARABIA UNVEILS PLAN TO END OIL DEPENDENCY

April 27, 2016
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Saudi Arabia has unveiled a plan to end its dependency on oil and diversify its economy.

Saudi Arabia is the world’s largest oil producer and owner of an oil company reportedly worth more than $2 trillion. But the recent plunge in oil prices nearly destabilized the country and turned it into another failed state.

Saudi Arabia says the government hopes to be able to derive all its revenues from sources other than oil by 2020.

http://www.huffingtonpost.com/entry/saudi-arabia-oil_us_571f6b2de4b0f309baee7703

https://www.washingtonpost.com/news/worldviews/wp/2016/04/27/holidays-in-saudi-arabia-the-kingdoms-ambitious-post-oil-tourism-plan/

http://www.arabnews.com/columns/news/916051

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