Low Oil Price Dents Gulf Economies as Riyadh Seeks $8 Billion Loan
 

16-03-16 01:34 AM

Speedboats whisk tourists across the warm waters of the Gulf to former pearl fishing grounds off Bahrain’s coastline. Before the discovery of oil in the 1930s, the economy was based almost entirely on pearl exports. Bahrain’s government is keen to show ...

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