Middle East & North Africa Data Response Saudi Arabia HSBC/Markit PMI (Feb.) February’s PMI data show that Saudi Arabia’s non-oil private sector continues growing at a rapid pace. However, production costs are increasing more rapidly than output prices, which suggests that... 7th March 2011 · 1 min read
Middle East & North Africa Economics Update Will Saudi Arabia's latest stimulus be enough? Saudi Arabia’s latest fiscal boost is important but not the only reason why the country is unlikely to face civil unrest soon. In fact, much of the $36 billion announced yesterday was already part of... 24th February 2011 · 1 min read
Middle East & North Africa Economics Update Middle Eastern states still need Western allies At first glance, the West looks set to be amongst the biggest losers from the political turmoil hitting the Arab world. The toppled regimes in Egypt and Tunisia were staunch Western allies. The same... 22nd February 2011 · 1 min read
Middle East & North Africa Data Response Saudi Arabia HSBC/Markit PMI (Jan.) January’s PMI data shows that Saudi Arabia’s non-oil private sector continues its strong growth trend. The index rose from 61.3 in December to 63.8 in January. This puts the index at its highest value... 7th February 2011 · 1 min read
Middle East & North Africa Economics Update Is Saudi Arabia next? Events in Egypt are unfolding quickly and further political change looks inevitable. An orderly transition of power is still possible and would ensure that the current disruption to markets in the... 2nd February 2011 · 1 min read