Saudi Arabia Economy

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Growth in Saudi Arabia appears to be gathering pace, with a rise in oil production and continued strong consumer demand likely to boost GDP in the second half of the year. While inflationary pressures could arise as a result, analysts expect any price increases to be moderate over 2013.
Sound fiscal management and healthy reserves have set Saudi Arabia on track for an upgrade of its key ratings, improving the Kingdom’s investment and growth prospects.

The past few years have heralded an era of unprecedented economic growth and sophistication in the Kingdom. With God’s guidance and under the wise leadership of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud, Saudi Arabia remains an example of economic and political steadfastness in times of both international and regional uncertainty....

In 2012 Britain welcomed the world. We had the extraordinary success of the Olympics and the pageant and tradition of the Diamond Jubilee. From heads of state and business leaders to athletes and spectators, Britain has shown everyone what we can do best.

How do you assess the bilateral relationship between Pakistan and Saudi Arabia?

As the single largest economy in the Middle East and North Africa, and home to an estimated 16.1% of the world’s proven oil reserves, Saudi Arabia is a key player in the region and around the world. Since it was officially founded in September 1932, the Kingdom has poured its considerable resources into a series of large-scale...

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