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Saudi growth to continue
- Saudi Arabia: Monday, December 31 - 2007 at 07:29
Dr Gassan Al Sulaiman, the former Chairman of the Jeddah Chamber of Commerce and Industry, has said Saudi Arabia's economy is set to continue growing strongly in 2008 on the back of high oil prices, increased liquidity and the government's social and economic reforms, reported Gulf News. But Al Sulaiman warned that rising prices, which could see real estate costs jump by 25% next year, posed a threat to progress.
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Jonathan Sheikh-Miller, Deputy EditorMonday, December 31 - 2007 at 07:29 UAE local time (GMT+4)
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