Good times continue for the GCC
July 31st, 2008 Posted in Oil, Regional News2008 GDP for the GCC is set to surpass $1T (+36% yoy) along with an impressive doubling of cement capacity by 2010, not to mention similar increases expected in petrochemicals, natural gas and other industries. Economic and investment boom time indeed. Although on the flip side, inflationary pressures will continue to persist. Dollar depeg doldrums…
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