Gulf economies forecast to achieve expansion recovery


(MENAFN) According to analysts Oxford Economics, 2018 is predicted to bring Gulf economies the most rapid growth it had experienced in three years.

It was found that within next year, a 2.7 percent expansion is to be witnessed in the region following a couple of rough years counting the estimation of 2017 regional GDP growth to arrive at only 0.3 percent.

The regional recovery is expected to have Oman at the top of the list with a 5 percent expansion following a predicted 0.2 percent in 2017, based on Oxford Economics.

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