Saudi economy

Saudi economy to grow by 4.9% in 2022 on higher oil output

CAIRO: The Saudi economy is likely to grow 4.9 per cent in 2022 on the back of a rebound in the oil sector, ARAB News quoted KPMG and Beltone Financial Holding, as saying. KPMG, one of the Big Four accounting organisations, said in its report that oil output is expected to increase at an annual rate of 10 per cent

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