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Poll shows GCC growth expected to slow in 2012

Poll shows GCC growth expected to slow in 2012

Economic growth in key Gulf Arab states will slow markedly next year because of a sluggish global economy but remain well above recessionary levels.

October 1, 2011 1:26 by



However, the uncertain climate may mean that investors are less willing to invest in long-term debt,” the Economist Intelligence Unit’s Edward Bell said.

“Nevertheless, even if Dubai cannot roll over its debt, we believe Abu Dhabi will step in with financial assistance if necessary.” (Polling by Snehasish Das and Sarmista Sen in Bangalore; Editing by Andrew Torchia)



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