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Saudi Hollandi Bank, which is about 40 percent owned by ABN Amro Holding NV, said it expected to boost hiring in Saudi Arabia as it opens more branches.Saudi Arabia's strong economy, the professionalism of family businesses in the kingdom and the support of the market regulator is a combination that will ensure success of those companies going public, van Linder said.Saudi Arabia's economy, the largest in the Arab world, is forecast to grow 4.2 percent this year, compared with 3.8 percent in 2013, the second fastest pace in the Gulf region after Qatar, according to data compiled by Bloomberg.
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