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Saudi Arabia Built Its Wealth on Oil. Now It Wants to Build Cars.

ABE NEWS1 week ago1 week ago010 mins

ABE NEWS | SEPTEMBER 28, 2026 For generations, Saudi Arabia’s economic power has rested on something buried beneath its desert: oil. Petroleum transformed the kingdom into one of the world’s wealthiest countries, financed enormous infrastructure projects and gave Saudi Arabia influence stretching far beyond the Middle East. Now the kingdom wants to prove it can…

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Saudi Arabia Built Its Wealth on Oil. Now It Wants to Build Cars.