Abdul Rauf Siddiqi Saudi Arabia is the only major country in the Middle East where GDP is projected to record strong growth this year despite an expected drop in nominal GDP and an expected fall in oil prices, Jadwa Investment said in a study. The report forecast that the Kingdom's foreign assets would soar to an all time high of around $705 billion at the end 2012 from $634.8 billion at the end of 2011. It forecast another record high of $738 billion by the end of 2013.
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