Saudi Arabia
Economy
We do not see the current liquidity crunch that is pervading the Gulf at the moment as particularly linked to the global cash crisis. More positively, it is the result of strong demand...
2008-08-19Economy
The weekend has seen some spectacular losses in the Gulf stock markets, in line with our bearish view. There is not much to pick between them: they all look as bad as each other,...
2008-08-11Economy
Last week, we suggested that the inflationary pressures that have been sweeping the Middle East and North Africa region may be abating somewhat, potentially allowing Gulf states to...
2008-08-04Economy
Although we remain very cautious, we note that there may be a ray of light at the end of the inflationary tunnel in the Middle East and North Africa region. We have revised up our...
2008-07-30Economy
Gulf equity markets are all looking weaker this morning, in line with the renewed bearish call we made last week (see GCC Stocks: More Downside Ahead, July 9). In the light of high...
2008-07-16Economy
The technical picture for Saudi Arabia's Tadawul All Share Index (TASI) does not look good following yesterday's penetration of medium term support at 9,000. The TASI has been trading...
2008-07-16Economy
Although debt issuance is not a major concern for Saudi Arabia, Fitch's ratings upgrade is a sign of confidence in the economy. Diversification will only add to the country's long-term...
2008-07-10Economy
Internal disputes, the inflation problem and a continuing dependence on unpredictable oil revenues all suggest further delays for the Gulf Co-operation Council (GCC) currency union
2008-07-09


