Thursday, May 3, 2012

GCC on growth curve, but still a way to go

Overall the recovery is progressing, but this masks significant divergences between regions and even between countries within regions. Most prominent is that the expansion in the United States is becoming stronger while the euro zone remains mired in recession.

As far as the Gulf is concerned, its performance this year has been encouraging, with the oil and non-oil sectors showing some buoyancy
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Source: http://www.albawaba.com/business/gcc-growth-423330

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