Gulf braces for austerity as oil income slump bites
 

25-11-15 08:12 AM

In 2014, GCC states -- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates -- posted a small surplus of $24 billion, down from $182 billion the previous year, according to IMF figures. Each of Bahrain, Oman and Saudi Arabia ended 2014 ...

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