From Tradearabia.com: Gulf economies are strong despite anxieties over financial strains in the regions, Saudi Arabian Oil Minister Ali Al-Naimi said on Wednesday.

“I want to emphasise that the overall economy of the region as a whole remains strong,” he told a petrochemicals conference in Dubai, which alarmed markets last month by asking for a standstill on billions of dollars in debt owed to a state-owned congolerate…………………………….Full Article: Source