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6 results for "diversification"
Saudi Arabia's GDP has nearly doubled since 2016, growing from $693 billion to $1.3 trillion as the kingdom's ambitious diversification plan transforms its economy beyond oil. Non-oil sectors now contribute more than half of the nation's economic output, while 2.48 million Saudis have joined the private workforce.
India's energy independence just took a major leap forward. The country slashed Russian oil imports to their lowest level in over three years while expanding partnerships with 19 diverse suppliers.
Farmers across India are successfully growing avocados using practical techniques adapted to local conditions, proving the exotic fruit can thrive from Gujarat to Karnataka. Their hard-won wisdom offers a roadmap for anyone dreaming of cultivating this nutrient-rich crop.
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A South African mining company facing extinction transformed itself into a thriving business by diversifying beyond gold. What seemed risky in 2013 turned out to be the move that saved thousands of jobs and delivered 582% returns to investors.
Saudi Arabia is transforming its economy by making tourism a centerpiece of growth, with sustainability and cultural preservation built in from the start. The country welcomed 116 million visitors in 2024 and aims to create 1.5 million jobs while protecting a third of its land by 2030.
Nigeria just shattered its own export record, proving the country's economy is growing stronger beyond oil. The West African nation sold $6.1 billion worth of products from cocoa to cashews across 120 countries last year.