Weekly Saudi Arabian Trivia

Basic Law: Economic Principles

Article 14:

All God-given resources of the country, both under and above ground, or in territorial waters, or within terrestrial and maritime limits to which the State jurisdiction extends, as well as the revenues accruing therefrom shall be owned by the State as specified by the law. Likewise the law shall specify the means to be employed for the utilization, protection and development of these resources in a manner conducive to the promotion of the State's interest, security and economy.

Saudi Arabian Information Resource: Basic Law: Economic Principles