Gulf economies to slow this year on sluggish oil demand

Gulf economies to slow this year on sluggish oil demand

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RIYADH: Economies in the six-member Gulf Cooperation Council will grow this year at half the rate of 2022 as oil revenues take a hit from an expected mild global slowdown, according to the median view from a Reuters poll of economists. Crude oil prices, a major driver for Gulf economies, are down…

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