World Business: As recession rolls out around the world, there are a few countries bearing up well. One example is Saudi Arabia, with a solid banking sector, predicted growth for 2009 of around 3 percent and sitting on vast reserves of cash. The Kingdom is using those reserves to push forward with an aggressive build out strategy, which includes 4 brand new economic cities, with perhaps more in the pipeline. Our executive Editor Alan Friedman sat down with the person overseeing the massive infrastructure development, Amr Al Dabbagh, governor of the Saudi Arabia General Investment Authority or SAGIA.
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