Middle East Economic Survey
VOL. LIV
No 4
24-Jan-2011
SAUDI ARABIA
BSF Says Oil Prices Boosting Saudi Business Confidence
The oil price climb has boosted business confidence in Saudi Arabia, according to Banque Saudi Fransi (BSF). The bank said that its 1Q11 business confidence index had risen to 101.3 points, its highest level in more than a year. The 4Q10 index was at 100.2 points. The consistent rise highlights the link between oil prices and Saudi Arabias economy, said BSF Chief...
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