30.09.2009 - Arab states upbeat on economic revival |
From Tradearabia.com: Gulf powerhouse Saudi Arabia and some other Arab countries voiced cautious optimism that economies were on the mend, with the UAE seeing an improvement in lending conditions and liquidity. Oil producers in the Gulf region have boosted spending with Saudi Arabia, the biggest Arab economy, alone committing more than $400 billion to underpin growth, according to a report in our sister newspaper Gulf Daily News....................Full Article: Source |