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Economy / Saudi Arabia

Saudi Arabia

June 2009 | Risk Summary

The recent turmoil in Iran will have been received with mixed feelings in Saudi Arabia: while the royal family and government are no fans of re-elected President Mahmoud Ahmadinejad, and would benefit from a less provocative leader, the notion of a democratic uprising will always be uncomfortable. Indeed, as economic conditions deteriorate, there could be increased agitation from Saudis, particularly among the Shi'a Muslims who feel unfairly discriminated against by the regime, and if the government ever needed to raise taxes then it could be in political trouble. For now, things seem to have blown over, but the turbulence has

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