GCC business outlook: Kingdom of Saudi Arabia
- Saudi Arabia: Wednesday, May 20 - 2009 at 12:45
The Kingdom of Saudi Arabia is weathering the storm of the crisis thanks to gross official reserves of $431.9bn, which Riyadh amassed during the energy price boom. But while traditionally strong sectors such as oil, gas and banking face challenges, the biggest GCC country is injecting life into dormant branches.
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