FINANCIAL NEWS

Saudi construction, retail sectors to grow strongly in 2015

11 Jul 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.

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