Middle East Economic Survey

VOL. LII

No 18

04-May-2009

SAUDI ARABIA

Saudi Mecca Real Estate, Ras Al-Zour IWPP Project Snags Not Endemic

While the financial crisis has reduced or slowed access to funding and increased the cost of debt for project financing in Saudi Arabia, as well as in the rest of the world, recent road blocks faced by a couple of projects in the Kingdom that were seeking financing are specific to those ventures, rather than signs that conditions are worsening in the country,...