Middle East Economic Survey

VOL. LIII

No 50

13-Dec-2010

SAUDI ARABIA

Saudi Arabian Project Financing Activity To Step Up In 2011

Projects are expected to secure funds, as domestic banks stay liquid.

Project financing activity is expected to step up next year in Saudi Arabia, especially in the petrochemical and refining sectors. This year has been reasonably active with the closing of some multi-billion dollar deals, but some even larger financings are on the horizon. Notable this year were...