Business Services Industry

LOCAL FINANCE SECTOR REGISTERS 1.2% NEGATIVE GROWTH

Info-Prod Research (Middle East), June, 2009

According to Addustour newspaper (June 22, 2009), a recently released report by the Ministry of Economy and International Cooperation shows that the financial, insurance, real estate and business services sector in the Kingdom had registered a 1.2% negative growth rate in the first quarter of 2009 compared with the same period last year.

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