Saudi construction, retail sectors to grow strongly in 2015


(MENAFN) Leading economic indicators in Saudi Arabia point toward a solid performance in 2015 for the construction and retail sectors, Arab News reported.

In real terms, the Saudi economy was 2.4 percent larger in the first quarter of 2015 than in the same quarter of 2014. Annual growth accelerated for the first time in four quarters.

"We expect the economic performance to be on the upside for the reminder of the year," said the research team at Jadwa Investment in a recent report.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.