The changing political situation in the Middle East poses challenges for the economies of the region, and some see none more vulnerable to collapse than Saudi Arabia's. Yet as this study demonstrates, the fundamentals of the Kingdom's economy are relatively robust, as over three quarters of GDP...

Outlines the role of the Saudi Arabian Basic Industries Corporation (SABIC) in Saudi economy policy: chiefly industralisation through joint ventures with foreign multinationals. Reports a 1993 survey of 312 SABIC employees divided into Saudi nationals, expatriates from developed countries and...

In the literature on development finance, there is a growing interest in the subject of equity participation as a means of promoting development. The limitations of debt finance are increasingly evident at both the micro and macro level, especially given the growth of bad debt as far as business...