12.10.2009 - Gulf states facing capital challenge
From Gulf-daily-news.com: The biggest challenge facing the Gulf is mobilising private sector capital to replace government spending as fiscal programmes are rolled back, according to the International Monetary Fund. Bank lending remains tight in the wake of the crisis, particularly in the region's financial centres of Bahrain and Dubai, the IMF semi-annual Regional Economic Outlook Middle East and Central Asia said yesterday......................Full Article: Source