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Saudi Arabia’s non-oil GDP defying expectations, finance minister tells World Economic Forum

Saudi Arabia’s non-oil GDP defying expectations, finance minister tells World Economic Forum

  • IMF downgrading of Kingdom’s growth projection for the year ahead did not paint the full picture, says Minister Mohammed Al-Jadaan
  • KSA’s economic diversification was driving steady growth, with the Kingdom prioritizing its non-oil GDP over traditional oil revenues, he said
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Anti-poverty group says billionaires’ wealth soared in 2024 as the elites prepare for another Davos

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