Saudi consumers appear to be optimistic about avoiding any fallout from current geopolitical conflict, while remaining confident in the Saudi government’s ability to control inflation
Paul Kelly
Latest in Paul Kelly
business activities
Consumer confidence in UAE private sector, Saudi economy hits 12-month high
The uptick was largely propelled by the trickle-down effect of higher oil prices, tourism activity driven by the enthusiasm around Expo 2020, and a series of public IPOs issued for the Saudi Arabia’s key infrastructure projects