Middle East Economic Survey
VOL. LIII
No 20
17-May-2010
SAUDI ARABIA
Weak Eurozone Performance Will Not Impact Saudi Economy, Says Jadwa
The direct economic impact on Saudi Arabia of weak economic performances in Eurozone countries will be small, says Jadwa Investment in an 8 May report. The Eurozone as a whole is the Kingdoms largest trading partner supplying around 25% of imports into Saudi Arabia so a sustained weakening of the euro would have a beneficial impact on inflation in Saudi Arabia....
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