Wednesday 05, December 2012 by Robin Amlôt

Middle East must diversify away from oil, says ICAEW

Growth in the Middle East has slowed but the region is still outperforming much of the world, according to ICAEW’s latest quarterly report.  With much of that growth driven by high oil prices and government infrastructure spending, countries will risk seeing their finances stretched unless they continue to diversify their economies.

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