Middle East Economic Survey

VOL. LIII

No 42

18-Oct-2010

SAUDI ARABIA

Saudi Economy Will Grow At Moderate Pace In 4Q10, Says BSF

Saudi economic growth in the 4Q10 is likely to mirror the first three quarters in its moderate pace, says Banque Saudi Fransi (BSF) in a report published on 10 October. Global energy demand, particularly from Asia, is advancing gradually, although the latest projections are for the rate of oil demand growth to decelerate next year. This will have a direct bearing on...