Saturday 17, November 2012 by Robin Amlôt

Saudi business optimism levels rise, says NCB

Composite Business Optimism Index for the non-hydrocarbon sector increases by 10 points to 47 in Q4 2012 on the back of strong sales, new orders and profitability outlook; composite Business Optimism Index for the hydrocarbon sector moves up to 25 points as profitability outlook rises; availability of skilled labour is a chief concern for the non-hydrocarbon sector, while the impact of inflationary pressure remains the topmost concern for hydrocarbon companies.