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Israel's economy is characterized by advanced technology, innovation, and a high level of research and development, fostering a robust startup culture. In contrast, Saudi Arabia's economy is heavily dependent on oil exports, with efforts ongoing to diversify through initiatives like Vision 2030. While Israel has a more diversified economic base, Saudi Arabia is transitioning from an oil-dependent economy to one that includes sectors like tourism and entertainment. Additionally, Israel has a higher GDP per capita compared to Saudi Arabia, reflecting its advanced economic structure.

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3w ago

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