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Arab Steel Summit

July 30, 2022

Fastest growth of the Gulf economies in a decade .. 6.2% average this year

Gulf economies are expected to grow faster this year than previously thought, thanks to abundant oil production, according to a Reuters poll of economists. The six Gulf Arab states, namely Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Oman, are running budget surpluses. The survey expected overall growth in the six Gulf Cooperation Council economies …

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