GCC economy to improve in the medium term


(MENAFN) The global professional services firm, EY, said that economy in the GCC is expected to increase strongly in the medium term, according to Oman Observer. Economic growth in the medium term is expected to rise by 3.9 percent in the UAE, 4.3 percent in Saudi Arabia, and 6.0 percent in Qatar. The MENA region's GDP is forecasted to reach 3.0 percent by the end of the current year compared to 3.7 percent in 2012.


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