Saudi Arabia is worth $5 trillion.

The Minister of Industry and Mineral Resources of Saudi Arabia, Bandar al-Khoraef, said that the Kingdom of Saudi Arabia has a mineral wealth of $5 trillion.

The Saudi minister said in an interview with CNBC that the amount of minerals in Saudi Arabia is estimated at about $5 trillion. He added that investments in the mining sector require long periods.

Al-Khoraef indicated that the SAS initiative was launched to provide $2.7 trillion. He noted that there are new markets that the state strategy is aimed at.

Source: CNBC.