The GCC economy is set to grow steadily between now and 2020 but at a faster rate than the global average, according to a new report by the Economist Intelligence Unit.
The Gulf states will achieve average annual growth of 4.5 per cent compared with the aggregate global rate of 3.3 per cent.
And the report – The GCC in 2020: Outlook for the Gulf and the Global Economy – predicted that the region's economy will be worth $2 trillion (Dh7.2trn) in the next 11 years.
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