Saturday 30 August 2014
 
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Gulf growth

Sovereign wealth funds key to deals

Gulf bankers, hit by a dearth of deal flows so far in 2011, are hoping sovereign wealth funds will drive a second-half rebound powered by a buoyant oil price and an easing in political tensions. The state-owned funds, allocators of the sta

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Low oil price risk to Gulf growth, says IMF

Economic growth in the six-nation Gulf Arab region is strengthening but a major risk to the outlook is that oil prices remain low for a protracted period, the International Monetary Fund said on Wednesday. In an updated report on Gulf Coop

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Gulf growth 'will outpace global giants'

The economic growth in the Gulf will outpace the world's industrial giants next year, according to a top financial expert. The balance sheets of the GCC governments are very strong, in contrast to those of the G7, says Bahrai

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