15Nov2008 Saudi king: $400 billion investment in oil sector (WP)

Washington Post

Speaking at the emergency economic summit in Washington on Saturday, Saudi King Abdullah has said that he expects a government investment program in oil and other sectors, which is aimed at helping support the region's economy in the light of the global financial crisis, to cost over $400 billion over the course of the next five years.

• Click here to read article.

•  Home
•  Country Profile
•  Directory
•  Current News
•  Notice Board
•  Contact
•  To Advertise

Profile of Saudi Arabia

Latest News Saudi Press Agency Fact File Cities Islam History Kings Judicial System Government Economy Agriculture Communications Electricity Industry Oil Transport Social Development Art and Culture Aid Foreign Relations General Information Addresses Bibliography Statistics Books Links

The Country Profile contains thousands of pages of information on every aspect of the Kingdom of Saudi Arabia, including its geography, history and development (political, economic and social).