Middle East economies continue to record a steady growth rate

Published December 23rd, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Emirates Minister of Electricity and Water Hamid Uweis stated that now is an appropriate time to invest in the Middle East, reported Al-Quds Al-Arabi. The minister solicited foreign businesses to invest in he Middle East and to take advantage of the large-scale development projects being executed with governmental support. Uweis noted that Middle East economies continue to record a steady growth rate despite the prevailing global slowdown. — (menareport.com)

© 2001 Mena Report (www.menareport.com)