TAG: The Middle East
The results of OBG’s Business Barometer: Oman CEO Survey have largely upended a few long-held beliefs that may come as a surprise, particularly in light of the current economic environment.
It’s not difficult to conclude that for the Gulf region’s largest economy the past two years have been far from easy. What many analysts are now terming the new normal for oil prices – somewhere between $50-60 per barrel – has had a dramatic impact on Saudi Arabia’s fiscal position. But what impact is this having on business sentiment in the Kingdom?