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Saudi economy to grow 6.2pc
- Saudi Arabia: Tuesday, January 11 - 2005 at 14:18
Saudi Arabia's economy will grow 6.2 per cent in 2005 due to continued high oil prices and strong demand, according to the US government's energy forecasting agency as reported in Reuters. The Kingdom's oil export revenues jumped to more than USD100bn in 2004, up from USD77bn in 2003, a growth rate of 6.1 per cent.
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