The most important economic decisions taken by Saudi Arabia in 2024:
▪️Suspension of contracting with foreign companies that do not have a regional headquarters in Saudi Arabia comes into effect
▪️The valuation of mineral resources in Saudi Arabia increased from 4.9 trillion riyals in 2016 to 9.4 trillion riyals.
▪️An increase in proven reserves of gas and condensate by 15 trillion cubic feet of gas and two billion barrels of condensate.
▪️The Public Investment Fund launches the Neo Aerospace Group, as well as Al Alat Company, which works in advanced industries and semiconductors.
▪️Saudi Aramco issues 1.5 billion shares in a secondary public offering, representing 0.64% of the company’s capital.
▪️Saudi Arabia rises to fourth place globally in the United Nations e-Government Development Index.
