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Saudi Arabia's role in the global economy.

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Hello, everyone.

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Did you know that one discovery changed Saudi Arabia forever?

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Before the 1930s, it was a quiet desert economy.

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But after oil was found, it transformed into a global energy leader.

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Let's learn how this happened and what the country is doing to plan for the future.

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Back in the early 20th century, Saudi Arabia's economy

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relied on farming and welcoming pilgrims to holy sites.

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Then, in 1938, something incredible happened.

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Oil was discovered.

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The first major oil well, called Damom number 7,

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produced over 1,500 barrels of oil a day.

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That's like finding a huge treasure chest underground.

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This oil wealth allowed Saudi Arabia to build modern cities,

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improve health care, and expand education.

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Places like Riyadh grew into bustling hubs of activity.

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In 1960, Saudi Arabia joined an important group called OPEC,

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helping to shape global oil markets.

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This gave the country a strong voice in energy discussions worldwide.

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Oil has been great for Saudi Arabia, but it's not endless.

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And using too much can harm the environment.

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That's why the country is working hard to manage its resources wisely.

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Saudi Arabia is using carbon capture to reduce pollution,

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investing in clean energy projects like solar power,

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participating in global efforts like the Paris Accord

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to address climate change.

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These steps help balance economic growth with caring for the planet.

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Saudi Arabia, recognizing it can't rely on oil forever,

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has launched Vision 2030 to create opportunities in jobs,

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tourism, and technology.

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Key initiatives include building tourist destinations,

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like the Red Sea Project and cultural sites like Durya Gate,

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investing in renewable energy with projects like the King of Dola Solar Park,

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and launching the Saudi Green Initiative,

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which aims to plant 10 billion trees and combat desertification.

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This ambitious plan follows the country's remarkable journey

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from a farming economy to a global energy leader,

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paving the way for a sustainable future.