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Bankers, attended the recently-organized Riyadh Economic Forum, disclosed that projects worth US$ 39 billion in Saudi Arabia were postponed to the end of October next year because of the global economic crisis. These projects were postponed due to a shrink in the foreign finance in the wake of the financial crisis, and due to reviewing the feasibility of some projects. In GCC, the Kingdom comes in the second place after the United Arab Emirates in the volume of postponed projects, where the value of the projects deferred in Dubai reached about US$ 350 billion.
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