Published: Sep 30, 2014
Source: Emirates 24|7


Email this story Print this page zoomin zoomout

Gulf economic growth to quicken in 2015

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
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 5,739.92 +88.12 1.56%
ADI 4,299.37 +4.91 0.11%
DFMGI 3,355.37 +14.88 0.45%
QE 10,433.95 -4.55 -0.04%
KSE 5,330.49 +9.03 0.17%
MSM30... 5,537.970 -24.340 -0.44%
ASE... 2,112.09 -5.18 -0.24%

Recent Analyst Actions  >>

Company Price Opinion
Abdullah Al Othaim Markets 125.60 Overweight
The Saudi British Bank 27.30 Strong Buy
Saudi Telecom Co. 68.90 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Bupa Arabia for Cooperative 137.60 Overweight

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email