Saudi Arabia

Despite 2006 growth coming below expectations, and a further dip in the rate of economic expansion anticipated for this year, we remain confident on the Saudi economic outlook, owing... 2007-04-02

Despite widespread speculation in the market over the possibility of a revaluation of Saudi's dollar peg, fixed at SAR3.745/US$, we have long maintained that this is a highly unlikely... 2007-03-28

Despite 2006 growth coming below expectations, and a further dip in the rate of economic expansion anticipated for this year, we remain confident on the Saudi economic outlook, owing... 2007-03-02

2007 looks set to be another challenging year for Saudi Arabia though we continue to believe that the resilience of the royal family has been tested many times over and risks to stability... 2007-03-02

We maintain our positive outlook for the Saudi economy over the forecast period, despite having revised down our forecasts. Growth came in at 4.2% in 2006, as a result of greater... 2007-02-20

Despite easing oil prices - we forecast the OPEC basket average to come in US$54.5/bbl - we see Saudi Arabia maintaining healthy current account and fiscal surpluses, while the fiscal... 2007-02-07

Despite reports of the existence of a secret Saudi-US compact to push oil prices down to pressure Iran, we generally tend to concur with the view that 'Saudi Arabia does not mix oil... 2007-02-07

Domestic tensions are being exacerbated by regional developments, presenting the Saudi regime with formidable challenges that pose a risk to stability. Divisions within the regime... 2007-02-07

The deteriorating situation in Iraq and the perceived threat emanating from an empowered and nuclear Iran are testing the House of Saud by exacerbating domestic tensions and power... 2007-02-06

BMI View : We believe that a GCC currency union will take place in either 2010, or potentially 2012. However we have reservations about the long-term sustainability of a single... 2007-01-18