Middle East Economic Survey
VOL. LIV
No 17
25-Apr-2011
SAUDI ARABIA
BSF Business Confidence Index Rises, Oil Price Expected To Remain Above $100/B
Global oil prices are forecast to continue trading above $100/B for the next two quarters, boding well for a potential upturn in the Saudi Arabian economy as a direct consequence of knock-on benefits for sales and profits of businesses currently operating in the kingdom, according to the Banque Saudi Fransi (BSF) 2Q Business Confidence Survey. Of...
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