Mon, Sep 15, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Islamic Law / Economics, Market Moves more

Arab economies grow at 1.5pct

Posted on 12 November 2010

From Emirates247.com: The global fiscal distress depressed growth in the combined Arab economies to one of its lowest levels of around 1.5 per cent in 2009 while their current account balance was also jolted by lower oil prices, official data showed.
But the crisis also had its benefits as it pulled regional countries out of the throes of festering inflation that hit record high rates in some nations, mainly in the oil-rich Gulf, the Abu Dhabi Department of Economic Development (ADDED) said……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930