Middle East Economic Survey

VOL. LIII

No 43

25-Oct-2010

SAUDI ARABIA

BSF Sees Saudi Business Confidence Recuperating In 4Q10

Strong and stable oil prices in the third quarter and an increase in domestic consumer demand has led to a renewal in positive sentiment among Saudi Arabias business leaders, according to the 18 October Banque Saudi Fransi (BSF) Business Confidence Index report on Saudi Arabia. BSF Chief Economist John Sfakianakis observes that evidence of recuperation can be seen in...