Saudi Arabia posts 11.8% GDP in second quarter amid record high oil prices

SAUDI Arabia recorded a GDP growth rate of 11.8% for the second quarter, driven by a 23.1% rise in oil income, according to preliminary data cited by Reuters on Monday.

Saudi Arabia posts 11.8% GDP in second quarter amid record high oil prices Saudi Arabia posts 11.8% GDP in second quarter amid record high oil prices Saudi Arabia posts 11.8% GDP in second quarter amid record high oil prices Saudi Arabia posts 11.8% GDP in second quarter amid record high oil prices Saudi Arabia posts 11.8% GDP in second quarter amid record high oil prices