SAUDI ARABIA

Saudi Arabia is the largest country on the Arabian Peninsula. It is called "the land of the two holy mosques", a reference to Mecca and Medina, Islam's two holiest places. In English, it is most commonly referred to as Saudi Arabia, often as just Saudi by many English-speaking expatriates in the kingdom, or, less commonly (as in international football events or in its national press - as established by U.S. oil and defense industry interests) as KSA. Arabia is sometimes also used to refer to the nation, but the term can also refer to the entire peninsula and its varied nations, and sometimes the entire Arab world, and is thus ambiguous.
Saudi Arabia is the world's leading petroleum producer and exporter. Oil accounts for more than 90% of exports and nearly 75% of government revenues, facilitating the creation of a welfare state, which the government has found difficult to fund during periods of low oil prices.