*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.
08-28-2014, 12:46 PM
Kingdom’s SMEs hold stronger outlook for Q3
*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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