Middle East Economic Survey

VOL. LII

No 16

20-Apr-2009

SAUDI ARABIA

Saudi Share Prices Have Picked Up, Says Jadwa

Shares prices on Saudi Arabias Tadawul stock exchange have picked up in recent weeks after hitting a 64-month low in the first half of March, according to Jadwa Investment. Writing in the April Monthly Bulletin, Jadwa Chief Economist Brad Bourland observes that this is largely the result of improvements in global markets and rising oil prices, as investors have responded favorably to...