Saudi Arabia

BMI View: With oil prices set to remain high, thus supporting large current account surpluses and reserve accumulation, we expect the current growth in Gulf Sovereign Wealth Funds... 2008-01-24

We revisit some of our key market views in the light of the renewed turmoil in global markets this

We have raised our inflation forecast for 2008 in light of strong money supply growth data, high global food costs and the tight local housing market. Despite official rhetoric, a... 2008-01-09

Saudi Arabia's budget balance was an estimated 15.6% of GDP in 2007 and is set to remain in the black throughout our forecast period, despite heavy government spending plans.

Despite its stated commitment to improving educational standards and building new specialist technical universities, Saudi Arabia continues to send its most promising students abroad... 2008-01-03

The Annapolis summit presents Saudi Arabia with a real opportunity to re-establish its presence as a heavyweight in the region, even if, as we expect, it does not yield any significant... 2007-11-27

The Saudi economy will continue to be propelled by government and consumer spending, and we see a pick-up in 2008, with real GDP growth expanding by 4.2%, followed by 3.9% in 2009.... 2007-11-27

While the Saudi Arabian Monetary Agency has yet again revised GDP figures (this time upwards) going back to 2004, demonstrating the lack of data transparency and credibility, we... 2007-10-29

Meetings between King Abdullah and British Prime Minister Gordon Brown look set to go ahead smoothly, with the former's comments that the UK was not doing enough to combat global... 2007-10-29

Although there is still heavy upside pressure on the Saudi riyal, we stand by our core view that the SAMA does not need to revalue the currency, at least not yet. We certainly do... 2007-10-09