Saudi Arabia’s Business Optimism Index in Third Quarter Falls

Saudi Arabia’s Business Optimism Index for the non-hydrocarbon industries fell to 52 points in the third quarter from 68 in the previous quarter, National Commercial Bank and Dun & Bradstreet said in a statement today.

The third-quarter reading signals that Saudi business sentiment is falling amid weakening global recovery, according to the e-mailed statement.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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