Aggregate GCC government

Aggregate GCC government latest

According to NBK, oil prices will average $100 per barrel over the forecast horizon – a level that allows most GCC governments to finance higher spending without draining their financial reserves

January 21st, 2013 - 07:17 GMT

GCC growth to slow in 2013

GCC economic growth is set to slow to 3.6 per cent in 2013 from 5.4 per cent in 2012 as the three-year surge in regional oil production comes to an end, a new report claims.