Saif al-Arab
BANNED
- Joined
- Mar 26, 2015
- Messages
- 8,873
- Reaction score
- 5
- Country
- Location
GDP Nominal by 2017
Turkey : $863 billion
S Arabia $ 646 billion
Iran $376 billion
Egypt $332 billion
GDP PPP by 2017
-- Turkey $2.13 trillion
-- S Arabia $1,79 trillion
-- Iran $1.63 trillion
-- Egypt $ 1.2 trillion
TURKEY : $155 billion export
Israel : $68 billion export + Iran : $ 64 billion export + Egypt : $20 billion export = total $152 billion
[
When you make your useless comparisons which you seem to be doing in every thread, at least post the real numbers.
Also KSA is not the only Arab country in the region. There are 21 others.
Real numbers:
GDP (PPP) 2017 estimate
• Total
$1.803 trillion[5] (14th)
• Per capita
$55,229[5] (12th)
The GDP (nominal) in 2018 is almost $750.000 billion.
KSA has the 3rd biggest sovereign wealth fund in the world (over 500 billion USD) and the fourth least indebted country in the world.
The GCC alone has an economy 2 times bigger than Turkey which a 20 million smaller population.
GDP (nominal) of the Arab world is 4 trillion USD.
Nobody in the region will be a match for us Arabs due to population growth and economic growth. Just like we have the by far largest economy (combined) and population size (combined) today.
BTW let us talk again in 2030.
A relevant post to your nonsense in every Arab-related thread;
"1) One of the biggest sovereign wealth funds on the planet (4th place and worth 700 billion USD)
2) 1-2 trillions USD worth of investment abroad
3) Enormous untapped resources (oil, gas, minerals etc., incredible potential for renewable energy (solar and wind etc.) that 95% of all countries worldwide can not compete with.
4) Praised economic reforms in the past 2-3 years by IMF and other organizations and very promising non-oil/gas growth (this year almost 15 USD billion more than expected) and economic growth despite unprecedented economic reforms in the modern era and falling oil prices (although I read that they were back to 70 USD per barrel earlier today)
In fact KSA is so "bankrupt" that;
6) The largest ever state budget for this year was implemented 3 weeks ago.
In fact KSA is so "bankrupt" that
7) 4.700 + infrastructural projects worth almost 1 trillion USD (1) are underway currently.
In fact KSA is so "bankrupt" that
8) KSA is the fourth least indebted country in the world!
In fact KSA is so "bankrupt" that
9) a new technological and strategic city (project) worth 500 billion USD (!) called NEOM was inaugurated this year. A project which will be built in a area the size of middle-sized European country almost!
https://www.youtube.com/watch?v=WhDNainqi1c&sns=tw
https://twitter.com/discoverneom
10)
Did I mention that the unemployment rate fell 5.8% for the 3rd quarter of last year?
So let's stick to facts.
The reason why a tourism sector (real one) is opening up is due to the promising Saudi Arabia Vision 2030 (google that as well)
http://vision2030.gov.sa/en
https://en.wikipedia.org/wiki/Saudi_Vision_2030
and the amazing potential for tourism in KSA which is already one of the top 15 most visited countries on the planet as well as simple logic. The combination of Hajj, Umrah, KSA' geography and all that KSA can offer is a combination that few countries can compete with.
https://en.wikipedia.org/wiki/World_Tourism_rankings
So yeah, we are struggling BIG time. "Bankrupt" very, very soon.
Oh, did I mention uranium exploration (KSA is estimated to have one of the largest uranium reserves in the world and is going to built at least 16 nuclear reactors by 2030). With Chinese cooperation among many others.
https://mobile.sabq.org/nYgFcv
https://www.reuters.com/article/us-...-wine-country-tourism-lifeblood-idUSKBN1CH34U
http://www.world-nuclear.org/information-library/country-profiles/countries-o-s/saudi-arabia.aspx
https://en.wikipedia.org/wiki/Nuclear_energy_in_Saudi_Arabia
https://en.wikipedia.org/wiki/King_Abdullah_City_for_Atomic_and_Renewable_Energy
https://en.wikipedia.org/wiki/Nuclear_program_of_Saudi_Arabia
KSA will master the entire "nuclear energy process" as I mentioned above within less than 2 decades if not sooner. So it is not a question if but when. KSA will be like Japan and South Korea by then by all accounts. Nuclear weapons are old technology anyway. "Even" the likes of NK with outside help (granted) but hardly any economy can accomplish it. So no big deal really. The political aspect is the most challenging one which is why Rick Perry (Minister of Energy in the US) has been pressuring KSA to pick the US option (visited recently) and for KSA to sign the "123 agreement" which most regional countries have signed but KSA refused to do so. Very wisely.
http://middle-east-online.com/?id=263062
No coincidence that China is involved with the uranium drilling and that a deal was just signed with Russia."
Here a little bonus addition;
https://defence.pk/pdf/threads/oiling-the-wheels-on-a-road-to-success-in-saudi-arabia.428713/
News just in;
#BUSINESS NEWS
JANUARY 28, 2018 / 7:46 PM / 6 DAYS AGO
Saudi foreign reserves rise for third straight month
Reuters Staff
DUBAI (Reuters) - The Saudi Arabian central bank’s foreign reserves rose in December for a third consecutive month, a sign that higher oil prices may be easing pressure on the government’s finances, official data showed on Sunday.
The bank’s net foreign assets grew $2.0 billion from November to $488.9 billion last month, after increasing $1.0 billion in November and $8.3 billion in October. It was the first time since mid-2014 that the reserves have risen for three straight months.
Rest of the article;
https://www.reuters.com/article/us-...s-rise-for-third-straight-month-idUSKBN1FH0VE
Detainees held at Saudi Arabia’s Ritz-Carlton released or moved, 56 remain in custody: Attorney General
ARAB NEWS | Published — Tuesday 30 January 2018
The Ritz Carlton in Riyadh (Reuters)
DUBAI: The Saudi Arabian Attorney General, Sheikh Saud Al-Mojeb, said on Tuesday that 56 corruption suspects remained in custody out of the 381 high profile figures detained on graft allegations.
He said he decided to release all those proven not guilty, as well as others who had agreed financial settlements with the government after admitting to corruption allegations.
Mojeb said the total settlements with the suspects had topped $130 billion, which came in various forms of assets.
News broke earlier on Tuesday that Saudi authorities had released all remaining detainees from Riyadh’s Ritz-Carlton Hotel, which had been used as an interrogation center in a crackdown on corruption, according to a Saudi official.
“There are no longer any detainees left at the Ritz-Carlton,” the official told Reuters, speaking on condition of anonymity under briefing rules.
He did not say how many suspects remained in detention at other locations in Saudi Arabia. Some are believed to have been moved from the Ritz to prison after refusing to admit wrongdoing and reach financial settlements with the authorities.
He said those who remained in custody were still under investigation as the legal procedures continued.
Among top businessmen caught up in the purge were Prince Alwaleed, owner of global investor Kingdom Holding, and Waleed Al-Ibrahim, who controls influential regional broadcaster MBC.
MBC said the investigation found Ibrahim completely innocent of wrongdoing and Prince Alwaleed has insisted he is innocent, although Saudi officials said both men agreed to settlements after admitting unspecified “violations.”
In an interview with Reuters at his suite in the Ritz-Carlton hours before he was released on Saturday, Prince Alwaleed said he had been well-treated in custody and described his case as the result of a misunderstanding.
He showed off the comforts of his suite’s gold-accented private office, a dining room and a kitchen which was fully stocked with his preferred vegetarian meals.
The hotel has 492 guest rooms and suites and 52 acres (21 hectares) of landscaped gardens, according to its website. It has said it will reopen to the public in mid-February, with a nightly rate for its cheapest room of $650.
(With AFP and Reuters)
http://www.arabnews.com/node/1235891/saudi-arabia
2) 1-2 trillions USD worth of investment abroad
3) Enormous untapped resources (oil, gas, minerals etc., incredible potential for renewable energy (solar and wind etc.) that 95% of all countries worldwide can not compete with.
4) Praised economic reforms in the past 2-3 years by IMF and other organizations and very promising non-oil/gas growth (this year almost 15 USD billion more than expected) and economic growth despite unprecedented economic reforms in the modern era and falling oil prices (although I read that they were back to 70 USD per barrel earlier today)
In fact KSA is so "bankrupt" that;
6) The largest ever state budget for this year was implemented 3 weeks ago.
In fact KSA is so "bankrupt" that
7) 4.700 + infrastructural projects worth almost 1 trillion USD (1) are underway currently.
In fact KSA is so "bankrupt" that
8) KSA is the fourth least indebted country in the world!
In fact KSA is so "bankrupt" that
9) a new technological and strategic city (project) worth 500 billion USD (!) called NEOM was inaugurated this year. A project which will be built in a area the size of middle-sized European country almost!
https://www.youtube.com/watch?v=WhDNainqi1c&sns=tw
https://twitter.com/discoverneom
10)
Did I mention that the unemployment rate fell 5.8% for the 3rd quarter of last year?
So let's stick to facts.
The reason why a tourism sector (real one) is opening up is due to the promising Saudi Arabia Vision 2030 (google that as well)
http://vision2030.gov.sa/en
https://en.wikipedia.org/wiki/Saudi_Vision_2030
and the amazing potential for tourism in KSA which is already one of the top 15 most visited countries on the planet as well as simple logic. The combination of Hajj, Umrah, KSA' geography and all that KSA can offer is a combination that few countries can compete with.
https://en.wikipedia.org/wiki/World_Tourism_rankings
So yeah, we are struggling BIG time. "Bankrupt" very, very soon.
Oh, did I mention uranium exploration (KSA is estimated to have one of the largest uranium reserves in the world and is going to built at least 16 nuclear reactors by 2030). With Chinese cooperation among many others.
https://mobile.sabq.org/nYgFcv
https://www.reuters.com/article/us-...-wine-country-tourism-lifeblood-idUSKBN1CH34U
http://www.world-nuclear.org/information-library/country-profiles/countries-o-s/saudi-arabia.aspx
https://en.wikipedia.org/wiki/Nuclear_energy_in_Saudi_Arabia
https://en.wikipedia.org/wiki/King_Abdullah_City_for_Atomic_and_Renewable_Energy
https://en.wikipedia.org/wiki/Nuclear_program_of_Saudi_Arabia
KSA will master the entire "nuclear energy process" as I mentioned above within less than 2 decades if not sooner. So it is not a question if but when. KSA will be like Japan and South Korea by then by all accounts. Nuclear weapons are old technology anyway. "Even" the likes of NK with outside help (granted) but hardly any economy can accomplish it. So no big deal really. The political aspect is the most challenging one which is why Rick Perry (Minister of Energy in the US) has been pressuring KSA to pick the US option (visited recently) and for KSA to sign the "123 agreement" which most regional countries have signed but KSA refused to do so. Very wisely.
http://middle-east-online.com/?id=263062
No coincidence that China is involved with the uranium drilling and that a deal was just signed with Russia."
Here a little bonus addition;
https://defence.pk/pdf/threads/oiling-the-wheels-on-a-road-to-success-in-saudi-arabia.428713/
News just in;
#BUSINESS NEWS
JANUARY 28, 2018 / 7:46 PM / 6 DAYS AGO
Saudi foreign reserves rise for third straight month
Reuters Staff
DUBAI (Reuters) - The Saudi Arabian central bank’s foreign reserves rose in December for a third consecutive month, a sign that higher oil prices may be easing pressure on the government’s finances, official data showed on Sunday.
The bank’s net foreign assets grew $2.0 billion from November to $488.9 billion last month, after increasing $1.0 billion in November and $8.3 billion in October. It was the first time since mid-2014 that the reserves have risen for three straight months.
Rest of the article;
https://www.reuters.com/article/us-...s-rise-for-third-straight-month-idUSKBN1FH0VE
Detainees held at Saudi Arabia’s Ritz-Carlton released or moved, 56 remain in custody: Attorney General
ARAB NEWS | Published — Tuesday 30 January 2018
The Ritz Carlton in Riyadh (Reuters)
DUBAI: The Saudi Arabian Attorney General, Sheikh Saud Al-Mojeb, said on Tuesday that 56 corruption suspects remained in custody out of the 381 high profile figures detained on graft allegations.
He said he decided to release all those proven not guilty, as well as others who had agreed financial settlements with the government after admitting to corruption allegations.
Mojeb said the total settlements with the suspects had topped $130 billion, which came in various forms of assets.
News broke earlier on Tuesday that Saudi authorities had released all remaining detainees from Riyadh’s Ritz-Carlton Hotel, which had been used as an interrogation center in a crackdown on corruption, according to a Saudi official.
“There are no longer any detainees left at the Ritz-Carlton,” the official told Reuters, speaking on condition of anonymity under briefing rules.
He did not say how many suspects remained in detention at other locations in Saudi Arabia. Some are believed to have been moved from the Ritz to prison after refusing to admit wrongdoing and reach financial settlements with the authorities.
He said those who remained in custody were still under investigation as the legal procedures continued.
Among top businessmen caught up in the purge were Prince Alwaleed, owner of global investor Kingdom Holding, and Waleed Al-Ibrahim, who controls influential regional broadcaster MBC.
MBC said the investigation found Ibrahim completely innocent of wrongdoing and Prince Alwaleed has insisted he is innocent, although Saudi officials said both men agreed to settlements after admitting unspecified “violations.”
In an interview with Reuters at his suite in the Ritz-Carlton hours before he was released on Saturday, Prince Alwaleed said he had been well-treated in custody and described his case as the result of a misunderstanding.
He showed off the comforts of his suite’s gold-accented private office, a dining room and a kitchen which was fully stocked with his preferred vegetarian meals.
The hotel has 492 guest rooms and suites and 52 acres (21 hectares) of landscaped gardens, according to its website. It has said it will reopen to the public in mid-February, with a nightly rate for its cheapest room of $650.
(With AFP and Reuters)
http://www.arabnews.com/node/1235891/saudi-arabia
BTW when are you going to attack Cairo with missiles? KSA has met with the presidents of Cyprus and Greece too and are doing business with them. So when are you going to attack KSA as well and numerous other Arab countries?
What kind of retard is even writing the nonsense that you are writing? You think that just because you have a problem with Greece and Cyprus others will have it too? You remind me of a few Pakistani users here who expect the world (Muslim world) to ignore 1.3 billion big India just because they have a dispute with Kashmir while their own leadership is talking and meeting with the same Indians and doing trade with them even.
Remember dude its turkey that has American bases and part of nato not Egypt .
Turkey is the one using Israeli weapons and technology not Egypt .
Turkey was the one that supported American agenda in Syria ; Iraq and Libya again not Egypt .
Sorry to say this but turkey is the tool USA used to destroy Arab countries and your government woke up lately after a kurdish corridor was set up under American protection on your border .
You havd always been america's main lap dog in the middle east and they threw you under the bus after you finished your assigned role
Yet that dude is barking about puppetry. Can't make such comedy nonsense up even if you wanted to.
Notice how he did not mention the biggest puppet by far (Qatar) that just allowed the US to expand the already largest US base in the region (Al-Ubeid). Joke.
LOL, at the Fenasi Kawli writing pure historical fantasy and other nonsense. The joke should not even comment about anything remotely related to Arabs as this refugee in the UK is clueless.
Last edited by a moderator: