TAG: Saudi Arabia
In the results of our most recent annual OBG Business Barometer: Gulf CEO Survey, 76% of CEOs identified regional political volatility as the biggest external risk (other than movements in commodity prices) facing the region in the short to medium term. Concerns notwithstanding, however, there is a definite sense that the challenging economic circumstances are being successfully managed. When asked what their expectations of the local business environment were for the coming 12 months, 72% of CEOs responded positive or very positive, slightly up from the 70.3% who responded likewise in 2018.