Middle East Economic Survey

VOL. LII

No 50

14-Dec-2009

SAUDI ARABIA

Saudi Economy Not Affected By Dubai Debt Crisis, Says Jadwa

The debt problems in Dubai will have little impact on Saudi Arabia, said Jadwa Investment in a report published on 8 December. Saudi banks have minimal exposure to the affected companies in Dubai and the direct impact on the Saudi economy is expected to be small. The Governor of the Saudi Arabian Monetary Agency (SAMA) Muhammad al-Jasir has put the exposure of Saudi banks...