Saudi Arabia's economy to grow 7.7pc in 2022.

Saudi Arabia's economy is expected to expand 7.7 percent in 2022, after 3.3 percent growth in 2021, as the coronavirus-related uncertainty that marked the last two years recedes, according to private equity and investment group Jadwa Investment.

The oil sector's gross domestic product is projected to expand 15.5 percent a year in 2022 as demand reaches record highs and the kingdom raises output by about 100,000 barrels per day each month under the current Opec+...