Middle East Economic Survey
VOL. LIII
No 21
24-May-2010
SAUDI ARABIA
Saudi Business Not Exposed To Greek Crisis, Says BSF
Saudi Arabia is on the whole well-insulated from European contagion and direct exposure to Greece of Saudi businesses is not large, according to Banque Saudi Fransi (BSF). In a report published on 10 May, the bank warns that if the European crisis spreads into Spain, Portugal and Italy, Saudi exposure would widen, although not in a threatening way. It adds that the Gulf will...
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