Saudi Arabia celebrates 88th National Day with giant leaps toward robust growth

Today, September 23, marks the 88th anniversary of Saudi Arabia’s unification by its founder King Abdulaziz bin Abdulrahman Al Saud.

The Saudi National Day is celebrated countrywide to recall the heroic sacrifices and the march of achievements made by the Kingdom during the reign of the founder and his sons, who succeeded the throne after him.

This year’s National Day is taking place while Saudi Arabia is proceeding steadily and confidently on the path of construction and robust economic development, under the leadership of Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Salman. This has made the Kingdom hold a prestigious status among the countries of the world and play an influential role in the realization of regional and international security and peace, as well as being home of the Muslims’ Qibla and the heart of the Islamic world.

The Kingdom of Saudi Arabia occupies about four-fifths of the Arabian Peninsula, with a total area of around 2,000,000 square kilometers. It is bordered by the Arabian Gulf, United Arab Emirates and Qatar in the east; the Red Sea in the west; Kuwait, Iraq and Jordan in the north; Yemen and Oman in the south.

According to the mid-2018 estimates of General Authority for Statistics (GASTAT), the Kingdom has a population of approximately 33,413,660 people, of them 20,768,627 Saudis and 12,645,033 expatriates.

The economy of Saudi Arabia is one of the most important economies, characterized by potential wealth that makes it a solid economy with sustainable growth and productivity. The Kingdom has 18 percent of the world’s oil reserves and is rated as the largest crude exporter. It is also rich in gold, phosphates, uranium, and has abundant renewable energy alternatives. Thus becoming a safe haven for investments from around the globe.

Saudi Arabia is an active player in shaping global economic policy as a member of the Group of Twenty (G-20) that includes the world’s 20 most powerful economies.

The climate of Saudi Arabia varies from one region to another because of its diverse topographical features. As a result of a subtropical high-pressure system, the Kingdom is generally hot in summer and cold in winter where rains fall often. Moderate climate is seen in the west and the southwestern part of the Kingdom; dry hot summer and cold winter in the interior parts; and high temperature and humidity in the coastal areas.

Major parts of the Kingdom usually receive scanty amounts of rain in winter and spring. However, in the summer, rainfall is significant in the southwestern mountains. Humidity is high on the western coasts and mountains almost all year and it gets lower as we go inland.

Source: International Islamic News Agency