| 17.01.2012 - Gulf economies grew 7.4pct last year |
| The real gross domestic product (GDP) of the oil-rich six Gulf states registered a year-on-year growth of 7.4 per cent in 2011, up from 4.8 per cent in 2010, according to National Bank of Abu Dhabi report. The GCC's nominal GDP reached a record $1.34 trillion (Dh4.92 trillion) in 2011, a sharp increase from $1.08 trillion in 2010. The GCC economy is estimated to be the 14th largest in the world in 2011 after Australia...............................................Full Article: Source |