The economy of Saudi Arabia is the second-largest in the Middle East and the nineteenth-largest in the world. The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.
Dammam is the capital of the Eastern Province of Saudi Arabia. With a population of 1,532,300 as of 2022, Dammam is the kingdom's fourth-most populous city after Riyadh, Jeddah, and Mecca. Dammam constitutes the core of the Dammam metropolitan area, also known as the Greater Dammam area, which comprises the 'Triplet Cities' of Dammam, Dhahran, and Khobar. The region is closely linked to the city through social, economic, and cultural ties. As of 2022, the Dammam metropolitan area's population was 2,190,900.
Jubail is a city in the Eastern province on the Persian Gulf coast of, with a total population of 474,679 as of 2022. It is home to the largest industrial city in the world. It is also home to the Middle East's largest and world's fourth largest petrochemical company SABIC. It has the world's largest IWPP producing 2743.6 MW of electricity and 800,000 m3 of water daily. Jubail comprises the Old Town of Al Jubail, which was a small fishing village until 1975, and the Industrial Area. Jubail Industrial City is the largest civil engineering project in the world today.
Khobar is a city and governorate in the Eastern Province of the Kingdom of Saudi Arabia, situated on the coast of the Persian Gulf. With a population of 409,549 as of 2022 in the city core and 658,550 in the governorate, Khobar is part of the 'Triplet Cities' area, or Dammam metropolitan area along with Dammam and Dhahran, forming the residential core of the region.
The Rinker Group was an Australian-headquartered multinational building products company. Before its acquisition by Cemex, it was listed on both the Australian Securities Exchange and the New York Stock Exchange.
Qatif or Al-Qatif is a governorate and urban area located in Eastern Province, Saudi Arabia. It extends from Ras Tanura and Jubail in the north to Dammam in the south, and from the Persian Gulf in the east to King Fahd International Airport in the west. This region has its own municipality and includes the Qatif downtown, Safwa, Saihat, Tarout Island, and many other smaller cities and towns.
Saudi Basic Industries Corporation, known as SABIC, is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers and fertilizers. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul.
Ras al-Khafji or Khafji (الخفجي) is a town on the border between Saudi Arabia and Kuwait. It lies in what was before 1970 the Saudi Arabian–Kuwaiti neutral zone.
AlBaik is a famous Saudi fast food restaurant chain headquartered in Jeddah, Saudi Arabia that primarily sells broasted and fried chicken with a variety of sauces. It is the largest restaurant chain in Saudi Arabia. Albaik currently has a trade name in 80 countries.
Nama Chemicals, also known as NAMA, is a Saudi Arabian joint stock Taduwal listed company established in 1992 with the objective of developing and establishing industrial projects particularly in the area of chemicals and petrochemicals.
The Arab Monetary Fund (AMF) is a regional Arab organization, a working sub-organization of the Arab League. It was founded 1976, and has been operational since 1977.
Water supply and sanitation in Saudi Arabia is characterized by challenges and achievements. One of the main challenges is water scarcity. In order to overcome water scarcity, substantial investments have been undertaken in seawater desalination, water distribution, sewerage and wastewater treatment. Today about 50% of drinking water comes from desalination, 40% from the mining of non-renewable groundwater and only 10% from surface water in the mountainous southwest of the country. The capital Riyadh, located in the heart of the country, is supplied with desalinated water pumped from the Persian Gulf over a distance of 467 km. Water is provided almost for free to residential users. Despite improvements, service quality remains poor, for example in terms of continuity of supply. Another challenge is weak institutional capacity and governance, reflecting general characteristics of the public sector in Saudi Arabia. Among the achievements is a significant increases in desalination, and in access to water, the expansion of wastewater treatment, as well as the use of treated effluent for the irrigation of urban green spaces, and for agriculture.
The Saudi Landbridge is a railway line currently under development by the Saudi Railway Company (SAR).
The Dammam–Riyadh line is a passenger railway line in Saudi Arabia, linking the Eastern Province's capital city of Dammam with the Saudi capital Riyadh. The 449 km (279 mi) line has four stations. It is owned and operated by Saudi Arabia Railways.
Arabtec Holding PJSC, Dubai's most heavily traded and largest construction group in GCC together with its subsidiaries, provided construction services for residential, commercial, oil and gas, infrastructure, power, facilities management, and property development sectors in the United Arab Emirates and internationally. It operated through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company was involved in the construction of high-rise towers, buildings, and residential villas, as well as drainage, electrical, mechanical, and plumbing contracting, and civil and infrastructure construction works. It also engaged in real estate investment, development, leasing, and management activities. In addition, the company manufactured precast panels and steel structures, as well as ready-mixed concrete
Ras Al-Khair is a town and port currently under development in the Eastern Province of Saudi Arabia. It is on the eastern coast, 60 km (37 mi) north of Jubail. It is also known under its project name of "Minerals Industrial City".
The Dammam metropolitan area, or Greater Dammam, is the largest metropolitan area in the Eastern Province of Saudi Arabia. It consists of "The Triplet Cities" of Dammam, Khobar, Dhahran, Qatif and their vicinities. It had a population of 2,742,800 as of the 2022 census. It is known for the arts, pearl culturing, entertainment and popular music and sports legacies. The area includes a variety of natural landscapes, parks, and beaches with a recreational coastline to the Persian Gulf. The Greater Dammam area is also known for being one of the cornerstones of the oil industry with the world's largest oil company and most valuable company, Saudi Aramco, being based in Dhahran, as a result of the first oil well being dug in the area.
ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants with a presence in 13 countries across the Middle East, Africa, Central and South-East Asia. ACWA Power's portfolio of projects in operation and development has an investment value of USD 85.7 billion, and a capacity of 55.1 GW of power and 8 million m3/day of desalinated water.
Dammam Metro is a proposed metro rail system for the Dammam metropolitan area in the Eastern Province of Saudi Arabia. The project is estimated to cost SAR 60 billion, and was originally expected to be completed by 2021.
King Abdul Aziz Port, also known as Dammam Port, is a port in the city of Dammam, Saudi Arabia. It is the largest port in the Persian Gulf, and the third largest and third busiest port in the Middle East and North Africa (MENA) region, after the Jeddah Islamic Port. King Abdul Aziz Port is a major export center for the oil industry, and also a key distribution center for major landlocked cities in the country, particularly the capital cities of provinces, such as Riyadh which is linked to Dammam by a railway line.
SAR 1.4 Billion (2010)
SAR 95 Million (2010)