Middle East Economic Survey
VOL. LIII
No 28
12-Jul-2010
REGIONAL
GCC Economies Return To More Robust Growth, Says Samba
The GCC region is returning to more robust growth, following a year of weak activity in 2009, says Samba in its June Economic Monitor. The pick-up in growth is underpinned by higher oil prices, strong government spending, and a rebound in global trade and capital flows. The problems in Europe are unlikely to alter materially economic growth prospects for the GCC states for the...
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