| 27.02.2009 - Saudi economy seen shrinking 1.8pc in '09 |
| From Tradearabia.com: Saudi Arabia's economy is set to contract 1.8 percent in 2009 on oil output cuts and weak non-oil growth, said Samba Financial Group, the latest bank to forecast a slowdown in the world's top oil exporter. Real gross domestic product (GDP) growth in the largest Arab economy would resume at 4.2 percent in 2010, Samba said in a research note on Wednesday..... Full Article: Source |