What is the nickname of Saudi Arabia? Introduction to Saudi Arabia

1. Saudi Arabia is known as the Kingdom of Oil.

2. Saudi Arabia ranks first in the world in terms of oil reserves and production, making it one of the richest countries in the world.

3. The Kingdom of Saudi Arabia is commonly known as Saudi Arabia (Taiwanese translation of Saudi Arabia), or Saudi Arabia for short. The Arabian Peninsula, located in southwest Asia, borders the Persian Gulf to the east, the Red Sea to the west, and borders Jordan, Iraq, Kuwait, the United Arab Emirates, Oman, Yemen, Bahrain, Qatar and other countries.

4. Saudi Arabia’s financial system is complete and developed, and Saudi Arabia’s tourism industry is also relatively developed. The Saudi government encourages the development of the private economy to reduce the country's economic dependence on oil exports while providing more employment opportunities for its rapidly growing population. Saudi Arabia also uses large numbers of foreign workers. Economic development focuses on industry. The petroleum and petrochemical industry is the lifeblood of the national economy and the main source of income.