Kingdom’s SMEs hold stronger outlook for Q3

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https://s1.yimg.com/bt/api/res/1.2/O5agJ_y_2EYT4wncH3UtBQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_AE/News/Arab%20News/140921104865.jpg (https://en-maktoob.news.yahoo.com/kingdom-smes-hold-stronger-outlook-q3-073123998--finance.html)*Dun & Bradstreet South Asia Middle East Ltd (D&B) in association with the National Commercial Bank released the D&B Business Optimism Index (BOI) survey for Saudi Arabia for Q3, 2014. The BOI survey highlights the weakening of optimism levels of both the hydrocarbon and **n-hydrocarbon sectors. The eco**mic outlook for Saudi Arabia remains favorable, with GDP growth expectations to stay above 4 percent in 2014 and 2015, according to the IMF (International Monetary Fund). After a modest contraction of 0.6 percent in 2013, growth in the hydrocarbon sector is forecasted to rise modestly in the current year.




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