Daily Archives: May 20, 2012

  The value of Saudi Arabia’s nonoil exports rose by 31 percent to SR 176.57 billion in 2011 compared to the previous year when the amount was SR 134.61 billion, according to the Statistics Department. It said the total volume of exports reached 48.72 million tons in 2011 against 46.25 million tons in 2010,...
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  DUBAI — The UAE’s current account surplus quadrupled to Dh112.7 billion ($30.7 billion) in 2011 as both crude and non-oil exports soared, the UAE Central Bank’s annual report showed. The surplus surged to 8.5 per cent of gross domestic product last year from 2.4 per cent, or Dh26.6 billion, in 2010, according to...
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