Thursday 18 April 2024
 
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GCC economies

Lifting Iran’s sanctions ‘will boost GCC economies’

Lifting of Iran sanctions in the future will significantly boost its economy and positively affect the neighbouring GCC economies, especially the UAE, due to its solid trading infrastructure, according to experts. ICAEW members an

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Falling oil prices to slow GCC economies growth

Falling oil prices – driven by weaker demand, increased supply and a more powerful US dollar – will pose significant challenges to GCC markets, which have a substantial dependency on commodity exports, said a new report.

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Falling oil prices to slow GCC economies growth

Falling oil prices – driven by weaker demand, increased supply and a more powerful US dollar – will pose significant challenges to GCC markets, which have a substantial dependency on commodity exports, said a new report.

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GCC banking system 'resilient'

The global financial turmoil is impacting GCC economies on three critical fronts, but the region looks strong enough to ride it out, says a key economic research report. Lower crude oil prices, the drying up of foreign capital flows and de

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