Saudi Arabia remains committed on developing other local industries for revenue to ease out dependence on oil & gas segment
June 22, 2014 - The Kingdom of Saudi Arabia (KSA) is viewed by the rest of the world as an oil-driven economy—heavily dependent on revenue generated from the oil & gas segment and its related sectors. However, the Saudi government has exerted key efforts in developing its other industries, especially those coming from the non-oil segment, in order to decrease the heavy dependence on oil.
