| 30.04.2009 - GCC economies heading towards stability after volatility of Q4 2008 |
| From Business24-7.ae: Volatility that plagued GCC economies in the last quarter of 2008 has subsided and the hydrocarbon rich region is heading towards a economic stability, a key Kuwaiti financial centre said yesterday. "We have a neutral view for the second quarter of 2009. This is because we still expect earnings weakness to continue along with weak liquidity. However, the good point is that volatility has cooled off significantly," Markaz said in its new report.......Full Article: Source |