21.05.2009 - Saudi project spending doubles to $10.83bn
From Thepeninsulaqatar.com: Saudi Arabia said yesterday it had more than doubled its capital spending on development projects in the first quarter, awarding contracts worth SR40.6bn ($10.83bn) to spur the non-oil sector. The world's top oil exporter said late last year it would invest $400bn in the coming five years mainly to build infrastructure in the country of 26 million people.......Full Article: Source