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Kingdom's economy to grow 5.5% in 2027
The International Monetary Fund expects Saudi Arabia's economy to grow by 4.6% in 2025, with the growth increasing to 5.5% in 2027, despite regional challenges and external shocks. This growth reflects stability in fiscal policies and developments in non-oil activities, along with praise for the positive outlook on liquidity management by the Saudi Central Bank. Additionally, Arab Mills Company recorded a 10% increase in profits during the second quarter, reaching 59 million riyals, as part of efforts to boost non-oil economic growth.
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