| 04.06.2009 - Saudi credit situation 'to stay tight' |
| From Tradearabia.com: Saudi firms' access to credit will not improve during the second half of this year despite a recent surge in the price of oil, the kingdom's economic mainstay, a survey showed. "Businesses know that Saudi Arabia's fiscal position is healthy with oil at $60, so any talk of possible fiscal imbalances is no longer very convincing," SABB said in a quarterly survey of 951 companies.........Full Article: Source |