Saudi Arabia’s economy estimated to grow 9.6% in Q1 on oil activities By Reuters

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© Reuters. Buildings are seen in Riyadh, Saudi Arabia February 16, 2021. REUTERS/Ahmed Yosri

(Reuters) – Saudi Arabia’s economy grew 9.6% in the first quarter of 2022, compared to a year earlier, powered by oil activities, according to flash government estimates on Sunday.

That would be the highest growth rate since 2011, according to the Saudi General Authority for Statistics.

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