Middle East Economic Survey

VOL. XLVII

No 42

18-October-2004

Record Oil Revenue Conducive To Boosting Gulf Economic Reform, Argues Sabban

The current record high price of oil and increased revenue stream have not put a brake on the economic reform process in Gulf states in fact they are conducive to boosting it, according to Mohammad Al Sabban, the economic adviser to the Minister of Petroleum of Saudi Arabia. In two articles published in the daily Eqtisadiya on 10 and 11 October*, Dr Sabban says...