Sunday 19 February 2012

Kingdom set to emerge as leading frontier economy with 4.6% growth - Yahoo!

Alkhabeer Capital, a leading Saudi investment company, has released its latest global economic outlook for 2012.
According to Alkhabeer Capital, the combined GDP (gross domestic product) of the GCC region is expected to register a growth in excess of 4 percent where Qatar will top the list with (7 percent) followed by Saudi Arabia (4.6 percent), Kuwait (3 percent), Oman (2.7 percent), the UAE (2.4 percent) and Bahrain (1.2 percent).
At the same time, regional inflation is also expected to ease as commodities and global growth flattens during 2012.

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