ASSESSMENTS

How the Gulf Built Its Wealth

MIN READJul 13, 2015 | 09:19 GMT

The Gulf Cooperation Council states of Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, Qatar and Oman face daunting economic challenges.

The Gulf Cooperation Council states of Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, Qatar and Oman face a potential extended downturn in global oil prices coupled with the effects of years of high state spending. This will require changes to domestic policy and budgets to match evolving economic realities....

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