Middle East Economic Survey

VOL. LIII

No 22

31-May-2010

SAUDI ARABIA

Petrochemical Project Financing Activity To Pick Up In 2011

Financing activity in the petrochemical sector in Saudi Arabia is expected to step up in 2011, given that a number of projects are planning to seek funding. While the timing of the financing for the massive Dow-Saudi Aramco petrochemicals/plastics project (advised by Royal Bank of Scotland and Riyadh Bank) is uncertain, especially after it was moved from the originally...