Middle East Economic Survey

VOL. LIII

No 52

27-Dec-2010

REGIONAL

Crédit Agricole Sees Two-Speed Recovery In 2011, Favoring Oil Producers

Most oil exporters in the MENA region will experience higher GDP growth in 2011, with oil importers likely facing declines as a result of decelerating non-agricultural sectors, Crédit Agricole has said in a new report. In the Gulf region, the non-oil public and private sectors will serve as the main catalysts for growth, while local oil sectors will also...