With an estimated real GDP growth of 3.7 per cent in 2013, GCC will continue to drive the Mena economy, mainly through heavy spending on infrastructure, said a report.
In the GCC, investment in major infrastructure programs will c
The outlook for banks across the Mena region signals a diverging trend, with stable prospects for GCC banks contrasting with unsettled conditions in rest of Mena region, a report said.
The outlook is split between the buoyant oper
Qatar's real r gross domestic product (GDP) grew 6.2 per cent year on year in the first quarter on the back of strong non-oil and gas exports, data from the Gulf country's statistics body showed.
The world's top liquef
Qatar's real GDP grew 6.2 per cent from the earlier forecast 5.6 per cent on the back of strong non-oil and gas exports supported by expenditure in public administration, healthcare and education, said a report.
A pick up in p
Qatar's economy expanded 14 per cent in inflation-adjusted terms last year, a slower pace than many analysts had expected, preliminary data from Qatar's Statistics Authority showed on Wednesday.
The Gulf Arab country's real gro