Middle East Economic Survey

VOL. LIV

No 27

4-Jul-2011

SAUDI ARABIA

Riyad Capital: Saudi Economy Strong, Outlook Bullish

Though two leading indicators show a degree of softness, latest data from the Saudi Arabian Monetary Agency (SAMA) reveals that the Saudi economy remains strong, Riyad Capital (RC) says in its 25 June Monthly Economic Report. Given the recently announced government programs, RC notes that both economic growth and inflation are expected to rise in the coming weeks with...