Middle East Economic Survey

VOL. LIV

No 19

9-May-2011

SAUDI ARABIA

Saudi Hydrocarbon Sector Optimism Strong In 2Q11, NCB Says

After an upbeat start to the year the outlook for global economic growth became clouded during 1Q11 as heightened political tensions in the MENA region, coupled with renewed sovereign debt concerns and rising inflationary pressures for the Eurozone, resulted in an increase in downside risk, Saudi Arabias National Commercial Bank (NCB) said in its latest Business...