SAMA: GDP up 31% in 2011



JEDDAH: ARAB NEWS

Published — Wednesday 20 February 2013

Last update 20 February 2013 4:53 am

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Saudi Arabia’s gross domestic product at current prices (including import duties) recorded a rise of 31 percent to SR 2.24 trillion in 2011, according to the 48th annual report of Saudi Arabian Monetary Agency, which was released yesterday.
Finance Minister Dr. Ibrahim Al-Assaf presented a copy of the report to Custodian of the Two Holy Mosques King Abdullah. The oil sector GDP rose by 47.7 percent to SR 1.28 trillion in 2011, the report said.

What's happening around Saudi Arabia

JEDDAH: A Saudi citizen was killed in shelling fired across the border from Yemen into the southwest of Saudi Arabia on Sunday, local media reported.A shell fell on a house around dawn in Najran province, civil defense department spokesman Ali bin Om...
JEDDAH: Female voters in Al-Ahsa have urged the authorities handling the municipal elections to drop the condition of presenting the national identity card while enrolling themselves in the voters’ list. Some women in Madinah too have appealed for mo...
JEDDAH: After the recent incident of a rat eating from a bowl at a well-known food outlet in a Jeddah mall came to light, residents have called for food hygiene ratings of restaurants and roadside eateries across the city.Although the municipality wo...
JEDDAH: A muezzin (one who recites the Adhaan) of a Riyadh mosque recently sprung a surprise in the Austrian tourist town of Zell am See by his Adhaan after taking permission from members of a musical band.Social media is abuzz with the news and vide...
RIYADH: A Sri Lankan national, who works as a cleaner in the Kingdom, was commended and rewarded by the Saudi Commission for Tourism and National Heritage (SCTNH) for returning a bag containing gold to its owner.“Prince Sultan bin Salman, president o...
RIYADH: Bangladesh State Minister for Foreign Affairs Mohammed Shahriar Alam arrived in Jeddah on Sunday to meet with his Saudi counterpart Nizar Madani on Monday.On arrival at the royal terminal, the minister was received by Director General of the...
RIYADH: A report of the Saudi Commission for Tourism and National Heritage predicts the rate of growth in job opportunities in the country's tourism sector between 2010 and 2020 will be 10 percent a year as compared to a global growth rate of 2.5 per...
JEDDAH: Two million meningitis vaccines have been distributed among health centers in 20 governorates and provinces across the Kingdom for domestic Haj pilgrims.It is mandatory for all pilgrims to be vaccinated against meningitis and for those coming...
RIYADH: Some 1,500 certified documents with proper identity are issued on average to Yemenis from the Jazan region daily. More than 400,000 Yemenis have corrected their residency status from all parts of the Kingdom.The announcement was made during a...
JEDDAH: The Makkah governorate has announced four new road projects linking Makkah and Jeddah. The new roads will facilitate smoother and faster travel between the cities.An estimated 35 million people will benefit from the projects, which will inclu...
JEDDAH: A major disaster is waiting to happen in the fish market of Madinah because of the callous attitude of traders toward handling of gas cylinders. A visit to the market presents a dreadful picture of cylinders kept on top of each other without...
JEDDAH: Information and Culture Minister Adel Al-Toraifi has approved the appointment of Khalid Bo-Ali as editor in chief of the Eastern Province-based Alsharq Arabic newspaper. He was nominated for the post by the board of directors of the newspaper...
JEDDAH: Jamil Farsi, head of the Gold and Jewelry Committee at the Jeddah Chamber of Commerce and Industry (JCCI), says he expects 3,000 job opportunities to be created for Saudi women in the jewelry design and gold sector across the Kingdom, with ab...
JEDDAH: More than 50 visually challenged people successfully performed Umrah with the help of the Ebsar Foundation for the Visually Impaired and the Ambassadors of Volunteers organization under their program “Umrah for the visually impaired,” which w...
JEDDAH: Although the Ministry of Labor is opening its doors to receive complaints from private sector employees, many Saudi females employed in cosmetic and perfume shops in Madinah are not making complaints about being overworked due to fear of losi...

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