Saudi Arabia, which is rich by oil, can survive without oil.

When it comes to Saudi Arabia, we will definitely think of oil, Dubai and local tyrants. If Saudi Arabia has no oil, it can survive, and Saudi Arabia can rely on tourism for development. Saudi Arabia is rich because it possesses the most precious resource oil in the world, and all its economic opportunities come from the export of oil. However, the recent oil price cuts and terrorist attacks have directly hit Saudi oil.

The largest oil company in China is Saudi Aramco, which controls the global crude oil market close to 1/8, and the global 1 barrel oil comes from this company. It is conservatively estimated that the market value after listing exceeds 2.5 trillion US dollars! What will this mean? At present, Apple, a top 500 company, is only $660 billion at its peak, which will be equivalent to four Apple companies. The initial public offering of shares of Saudi state-owned oil companies makes it possible to transform "oil sales" into investment and financing for economic reform.

But early Saudi Arabia didn't sell oil. In the early days of Saudi agriculture, dates were mainly planted. The fruit of this plant is similar to jujube, but it can also be used as food. Moreover, date palms are drought-resistant, heat-resistant and alkali-resistant, and are suitable for large-scale planting in the Middle East. Animal husbandry in Saudi Arabia is mainly based on raising camels. Due to the difficult living conditions, many Saudis choose to emigrate to other countries.

But from the outside world, Saudi Arabia is finished without oil, and it is a joke that Saudi Arabia does not rely on oil. However, Dubai's reform also has some lessons. Dubai has got rid of its dependence on the oil economy by building luxury tourism, attracting foreign investment and building an international financial center.