Middle East Economic Survey

VOL. LIV

No 19

9-May-2011

REGIONAL

Regional Unrest Has Impacted GCC Financial Markets In 1Q11, Says Saudi NCB

Regional unrest has affected the trends of GCC financial markets in 1Q11 and caused recurrent anxiety about the strength of the global recovery, according to Saudi NCB. In its latest GCC Financial Market Quarterly, the bank observed: The expectations of a pick-up in bank lending have failed to materialize in the GCC and the regional political crisis has...