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التقرير الإقتصادي الشهري
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Saudi Economic Outlook
Latest economic and financial indicators show further improvement in Saudi economic conditions and a rosier outlook for the medium term. There are more signs of improvement (greens and blacks) than deterioration (reds) in all the indicator columns. The most significant turnaround has occurred this month in oil prices, the stock market index and bank loans to the private sector. Global oil prices have risen by close to $10/pb in October compared to the month before. On a monthly basis, it averaged $73.68 in October (till the 20th) over the previous month average of $63.82, and is still rising. The Saudi stock market index, after staying flat for most of the summer has risen to new heights, above the psychologically significant 6500-mark. Most importantly, bank loans to the private sector showed its first increase in fourteen months, as we have been expecting all along, given the low interest rate environment and strong monetary policy easing by SAMA. Given these developments, we upgrade our outlook for the Saudi economy from ‘flat’ to ‘improving’ in the months ahead and stronger growth in the 1st first half of 2010.
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| اسيا |
أوربا |
أمريكا |
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جميع البيانات عند إقفال السوق |
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