Entrepreneurship in the Kingdom of Saudi Arabia

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Saudi Arabia Names New Economic Team Amid Drive for Growth

December 21, 2011, 8:47 AM EST

By Glen Carey

(Updates with economist’s comment in fourth paragraph, share price in sixth.)

Dec. 14 (Bloomberg) — Saudi Arabia, the world’s largest exporter of oil, replaced its central bank head and economy minister as it presses forward with a record spending plan aimed at reducing unemployment and reliance on crude exports.

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