HSBC Concerned About ‘Uneasiness’ In Saudi Arabia

HSBC’s forecast for the region’s three largest economies reveals its continued concerns for Saudi Arabia and Egypt, while it believes UAE’s status as a safe haven is revived.

HSBC expects Egypt’s GDP to rise a mere 0.2% in 2011, a far cry from the robust 5.1% growth in 2010. To be fair, a lot has changed in the country since the end of 2010. READ MORE HERE

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