Saudi Arabia exports rise by 20%
Saudi Finance Minister, Ibrahim Al-Assaf, has announced that the Kingdom's total exports hit SR 652 billion this year, a 20% rise compared with last year. This figure included SR 580 billion oil exports and SR 69 billion non-oil exports.
According to him, Saudi Arabia's current account was projected to record a surplus this year, SR 326.5 billion, compared to SR 194.7 billion last year. This represents an increase of 67.7 per cent.