In 1938, oil was discovered in Saudi Arabia by the Arabian American Oil Company (Aramco). However, it was only in 1973 that Saudi Arabia obtained twenty percent (20%) stock in the company. Then in 1988, the country purchased the company.
The official name of Switzerland is the Swiss Confederation, and it is a federal republic. Jean-Henri Dunant (Henry Dunant) was born in Geneva, and he is one of the founders of the International Red Cross and Red Crescent Movement.
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