| Extraordinary efforts are underway in the Gulf region focusing on the financial and banking sectors to resolve the crisis of financing small and medium-sized projects, which has almost stopped as a result of the global credit problems that started in mid-2008.
The credit crisis has led to a drastic decline in the volume of cash inflows to projects — also the emergence of strict banking conditions have paralyzed many projects. The crisis has also resulted in reducing growth rates, highlighting a serious decline in the levels of the GDP...............................................Full Article: Source
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