Saudi Arabia: Just how deep are its troubles?

[Suldaanka]

Just how deep are Saudi Arabia's troubles?

WWW.BBC.COM

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It has been rocked by coronavirus, an oil price collapse and the fallout from a high-profile murder.

 

[Che -Guevara]

This is what happens when you are led by a psychotic toddler who spends millions of on yacht, paintings, and châteaux, and spends the rest of the money on genocidal war. 

[Suldaanka]

Hopefully humpty-dumpty house of Saud will fall and the people of Arabia (As they were known) will see the light of day again.

[thoroughbred]

'Built-in resilience'

First, some perspective. The coronavirus pandemic has wrecked economies all over the world and Saudi Arabia is no exception.

It does have a sovereign wealth fund, the Public Investment Fund, to fall back on, with an estimated value of $320bn (£260bn; 295bn euros).

It also has Saudi Aramco, the majority state-owned oil company, valued last year at $1.7 trillion - equivalent to the combined worth of Google and Amazon at the time.

By selling off just a tiny fraction - 1.5% - Saudi Arabia raised more than $25bn in the biggest share listing in history.

"Saudi Arabia has quite a lot of resilience built in," says Sir William Patey, former British Ambassador to Riyadh between 2007-10. "They have a lot of reserves to keep them going and they could still come out of this oil price slump with their market share intact or even improved." 

from the same article

 

[thoroughbred]

you not gonna see the same turmoil that has been happening in certain muslim countries in recent times such as the fitnah of the so called Arab spring in  Saudi arabia.

All praise is to Allah. Saudi Arabia is prosperous ,secure and peaceful nation that looks after it citizens .The kingdom of Saudi Arabia has lot of haters from the outside its getting attacked from every direction  .may Allah give strength to the land of Tawheed.