{Kantakji Group}. Add '10306' New Jadwa report: Strong economic growth in the first half of 2011

FYI


 Nawaf Y. Husein

 Faculty Member
 Msc, CRP , CLBB
 Saudi Training Society Member

 Institute of Banking
 Saudi Arabian Monetary Agency ( SAMA)
  P.O.Box : 10820   Riyadh 11443 Saudi Arabia
 Tel : + 966 1 463 3000   Ext. 3825
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Dear all,

 

The attached report examines the nominal GDP data for the first half of the year that has just been published. It shows that growth was strong, at 26.1 percent, driven by higher oil prices. Non-oil private sector growth was 8.4 percent.

 

Regards,

 

Paul Gamble

Head of Research

Jadwa Investment