Middle East Economic Survey
Samba Forecasts 6% GDP Growth For GCC Economies In 2011
Although the global economy enters 2011 in a state of some uncertainty, the outlook for the GCC economies remains positive, with regional real GDP growth expected to accelerate to 6% from an estimated 4.8% in 2010, according to Samba Financial Groups GCC Outlook 2011. Performances across the GCC, however, will vary (see table). Absent another credit crunch precipitated...