Middle East Economic Survey
VOL. LIV
No 18
2-May-2011
SAUDI ARABIA
Tough First Quarter For Saudi Private Sector, Says Jadwa
The first quarter was a tough one for the private sector in Saudi Arabia, according to the April 2011 Monthly Bulletin published by Jadwa Investment. In total, listed company net income was 23% up on 1Q10 and 13% above the final quarter of last year. Petrochemicals was by far the best performing sector, however, this was driven by higher prices and generally greater...
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