| 04.12.2008 - Gulf oil countries likely to weather downturn |
| From Easybourse.com: The Gulf oil states are becoming increasingly integrated into the global economy, not only through the trade of oil and natural gas around the globe, but also through their sovereign wealth funds that have invested trillions into both mature and emerging economies. George Abed, director of the IIF's Africa and Middle East Department, said plummeting oil prices "will clearly have a very major impact on economic performance.".... Full Article: Source |