Middle East Economic Survey


No 21


Saudi Arabia Maintains Ambitious Economic Plans Despite Slowdown

Saudi Arabia is forging ahead with plans to transform itself into a fully-fledged diversified industrial power, despite the global economic slowdown, Commerce and Industry Minister, 'Abd Allah Alireza announced at the 19-20 May Euromoney Saudi Arabia Conference. Rafiq Latta reports from Riyadh.

The Kingdom is targeting annual industrial growth of 8% right down to 2020. And Saudi...