Middle East Economic Survey

VOL. LIII

No 41

11-Oct-2010

SAUDI ARABIA

NCB Says Saudi Arabia Well Placed For Growth In 2010

At a time when the global economy is showing signs of a recovery, Saudi Arabia is thought to be well placed amidst uncertain global economic outlook to weather any possible negative external demand shocks, according to the National Commercial Bank (NCB) Saudi Economic Perspectives for October. NCB noted that while the kingdom experienced real GDP growth of 0.6% in 2009...