A cautionary tale
Saudi Arabia's conservative economic and political strategy has protected the country from the brunt of the credit crisis, and as King Abdullah ushers in a period of reform, increased government spending is set to diversify its economy. Writer Stephen Timewell
King Abdullah meets UK prime minister Gordon Brown ahead of the G-20 summit in London. Of all the G-20 countries, Saudi Arabia is considered to have the healthiest economy
Cushioned from the crisis
Conservatism and pro-active regulation has protected Saudi Arabian banks from toxic assets and they are now in a position to fund many of the infrastructure projects which may help keep the Kingdom afloat during the slowdown. Writer Stephen Timewell
Mohammed Al-Jasser, new governor of the Saudi Arabian Monetary Agency (SAMA)
Cautiously optimistic in chaotic times
Saudi Arabia’s strong fundamentals mean that bank exposure to the credit crisis has been limited, and the mood among bankers is bullish. Writer Nadine Marroushi.
