Future BIM Implementation KSA
Sunday, November 29, 2015
Directory Directory Subscribe

Saudi Arabia 3rd richest in natural resources in the world


Please, enter data

Please, enter data

Arab News, 16 July 2012

Saudi Arabia ranks third globally among the 10 countries with the most plentiful and valuable natural resources, according to a report recently filed by 24/7 Wall St.

Saudi Arabia's total resource was valued at $ 34.4 trillion to become the third country after Russia and the US to have the most plentiful and valuable natural resources, the report read.

Russia is the world's richest country in terms of natural resources at a value estimated at $ 75.7 trillion, followed by the US at $ 45 trillion.

Six of the 10 countries with the most valuable overall reserves in the 10 categories combined have among the top 10 oil reserves. For some countries, including Saudi Arabia, Iraq and Iran, oil represents more than 85 percent of the nation's natural resource worth, according to the report.

Saudi Arabia has nearly 20 percent of the world's oil the greatest share among all countries. All of the country's resource value is derived from hydrocarbons, either oil or gas. The Kingdom has the world's fifth-largest amount of proven natural gas reserves. As these resources are depleting, Saudi Arabia eventually will run out of them and lose its high standing on this list. However, this will not happen for several decades, the report said.

Arab News
16 July

Login to Add Your Comment  (for subscribers) | Subscribe


Latest News

Re-launching Water Demand Side Management Conference, 7-8 March 2016
ifpinfo, 27 November 2015

Water Demand side Management GCC is a specialized conference addressing the implementation of performance enhancing SMART network solutions to optimize water ...

Read full story
Re-launching Water Demand Side Management Conference, 7-8 March 2016
Why take part in Power Generation Projects Egypt conference?
ifpinfo, 26 November 2015

Egypt has recently announced that it intends to double its current power generation capacity of about 30,000 megawatts by 2020 to address power shortages and ...

Read full story
Why take part in Power Generation Projects Egypt conference?
Iran and Russia sign $1.27 billion train line deal
Press TV, 26 November 2015

Iran and Russia have signed an €1.2 billion ($1.27 billion) to electrify a train line, linking north-central Iran to the northeastern border with ...

Read full story
Iran and Russia sign $1.27 billion train line deal
Back to Home Page 1385 --- 383.9 <><><> 702.73333333333.....exvideo=0....eximage=0
P 0
BR 11

Future BIM Implementation KSA


2nd Annual Future Drainage & Stormwater Networks Qatar
7 - December 2015
LightingTech Egypt
9 - December 2015
Solar & Wind Projects Jordan
25 - January 2016
2nd Annual Future Landscape & Public Realm Abu Dhabi
8 - February 2016
Future Drainage & Stormwater Networks UAE
10 - February 2016
  View more  

Market Indecies
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%

LightingTech Egypt conference 2015

Quick Links
  Brochures & Flyers  

Up-coming events
  Saudi Plastics & Petrochem - Riyadh - 18 January - 21 January 2016  
IFP Group Events Calendar



Magazine sections
  Growth Markets  
  Regional Overview  
  Tips and Tricks  
  Home Finance  
  Our Meetings
  Legal Issues


IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Mena Games Conference
Project Lebanon
Edutec Qatar
Future Drainage Networks Qatar
Heavy Max
Project Qatar
Qatar StoneTech
Energy Iraq - Baghdad
Medicare Iraq - Baghdad
Medicare Iraq Erbil
Project Iraq - Baghdad
Saudi Arabia
Saudi Plastics & Petrochem - Riyadh
Riyadh Motor Show
IFP Group 2015 - © All rights reserved