Middle East Economic Survey

VOL. LII

No 51-52

21/28-Dec-2009

SAUDI ARABIA

Saudi Economic Conditions Improving, But Investor Confidence Remains Low

Saudi economic conditions are improving, but without greater investor confidence the market will struggle to make significant gains over the remainder of the year, according to Jadwa Investments November Monthly Bulletin. A tough credit environment, corporate selling, weak dollar, tensions with Yemeni rebels as well as a lack of confidence continue to...