Saudi Arabia’s industrial and non-oil sectors would continue its growth spurred by mining and ceramics manufacturing industry, Al Rajhi Capital said in a report on Saudi industrial companies released. The report forecast strong prospects for the gold mining company Ma’aden, which is on a three-year expansion plan. It noted that while debt is likely to jump in 2010 as a result, investors should look six months ahead to 2011 with revenues expected to leap fivefold after the launch of the...More
published:05/09/2010 05:51 GMT
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