Middle East Economic Survey
VOL. LIV
No 43
24-Oct-2011
SAUDI ARABIA
Jadwa Raises Saudi GDP Growth Forecast To 7.1% On Higher Oil Production
Riyadh-based Jadwa Investment has raised its projection for 2011 Saudi real GDP growth to 7.1% from 5.6%, as a result of an upward revision to its forecast for Saudi Arabian oil production. In the report Economic Projections 2011 Revised Up, published on 16 October, Jadwa said: Oil production has been raised to long term highs this year to compensate for...
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