Middle East Economic Survey

VOL. LII

No 2

12-Jan-2009

SAUDI ARABIA

Questions Surround Implementation Of Saudi Arabia’s Economic Cities

Building four cities from scratch in the desert would be a mammoth task at any time, even for Saudi Arabia, the world’s biggest oil exporter, and with the banking crisis, economic recession and crude price slide, it is starting to look even tougher. Furthermore, the threats to foreign investment and financing that are posed by the current...