اتفاقية مناصفة الأرباح في المملكة العربية السعودية : الأسباب و التداعيات

Abstract EN

A 50-50 agreement is one of the most important economic agreements that oil-producing countries have witnessed, as Mexico was the first starting point for this principle, then Venezuela, and then to Saudi Arabia as the first Arab and Gulf country in which this agreement was applied on the thirtieth of December 1950.

The agreement is the rights of the peoples of the oil countries that have been exploited by the international oil companies.

The repercussions of signing these agreements did not stop at the economic aspect, as it included the political, social, military and cultural aspects.

As a number of factors came together to force those companies to submit to demands for better terms and the absence of the loss of previous privileges, all of these factors came together to pour into one pulp, which is to obtain half the profits, and time, because it can be used to increase their financial revenues, as the quantities and issued after signing them are used , The agreement contributed to the great urban and investment development witnessed by the cities of Riyadh and Jeddah, and the construction of hospitals, schools, universities, roads, bridges, railways, airports and hotels, to be reflected in a political and diplomatic development that made it a mainstay for the establishment of (OPEC).