The Gulf will continue to grow, albeit at a slower rate, indicating that GCC is not in a crisis, said experts.
Dr Muhammad Al Jasser, Vice-Governor, Saudi Arabian Monetary Agency (Sama), said: "Do you even know the real picture? We are receiving winds of contagion from the West but we do not (...) >continue
A high-level Bush administration official says the battered US economy is open to more investment by Middle Eastern government-owned funds and other wealthy investors.
Speaking to officials and reporters at the Dubai International Financial Centre during a five-country Gulf tour, Deputy US (...) >continue
Finance and economy ministers and central bankers from the Arab states in the Gulf met for emergency talks on Saturday to forge a common front to battle the global economic crisis.
The policymakers of the six-nation Gulf Cooperation Council (GCC) met behind closed doors in Saudi Arabia to (...) >continue