File - A construction worker digs at a building site while in the background numerous cranes are positioned around high-rise apartment buildings under development in the Qatari capital Doha, 01 October 2007. (AFP PHOTO/KARIM JAAFAR)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Gulf Arab economies are likely to keep growing robustly over the next two years as government spending remains high, even though somewhat softer oil prices may cut into government revenues, a Reuters poll showed Monday.Saudi Arabia's gross domestic product is expected to expand 4.2 percent in 2014 and 4.3 percent in 2015, after slowing to a four-year low of 3.8 percent last year, predicted the poll of 17 analysts, conducted this month.In the United Arab Emirates, the second largest Arab economy, GDP growth is seen holding steady at 4.3 percent in 2013-2015, a tad below 4.4 percent in 2012 .However, the increased activity may also propel Qatar to the top of the Gulf inflation rankings, with consumer price growth seen averaging 3.9 percent this year and 4.2 percent in 2015, the highest rates since a record 15 percent in 2008 .
FOLLOW THIS ARTICLE