Private sector to offset lower oil prices
Gulf Arab economies are likely to grow slightly faster in 2015, propped up by strong private business activity despite further falls in oil prices, a Reuters poll of analysts showed on Monday.
Brent crude oil, now at just above $96 a barrel, is down almost $20 from June's peak. Many economists expect the downtrend to continue in coming years, although at a slower pace, because of ample supply- By Reuters. Read more>>>© Copyright - Emirates 24|7