Middle East Economic Survey


No 26



Arab Economies To Grow By 4% This Year, AMF Chief Says

Arab economies will grow at an average rate of 4% in 2010 as a result of higher oil prices, Arab Monetary Fund (AMF) Chairman Jasim al-Manna'i said on 17 June. In 2009, Arab countries saw an average growth rate of 3.2%. The economic situation in the Arab world is more stable this year than in 2008 and 2009, and this is a positive indicator for economic growth, Mr Manna'i told...