Saudi approved loans worth USD1.51 b


(MENAFN) Saudi Arabia ranked first among GCC countries as the biggest investor of industrial projects in terms of the number and values of loans, according to Arab News



Loans approved by Saudi governmental financial institutions were estimated at USD1.51 billion



The number of government-supported loans in the GCC countries reached 133 valued USD1.64 billion by the end of 2012



The UAE ranked second to have the biggest loans provided to citizens as their value reached more than USD61 million


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