Business Services Industry

MIDDLE EAST: 5.6% PROJECTED REAL GDP GROWTH.

IPR Strategic Business Information Database, January, 2008

According to Al-Ittihad newspaper (January 23, 2008), a recently released report by the Deutsche Bank Group, one of the world's leading financial service providers, forecasts the Middle East economies to maintain their strong performance through 2008, thanks to high oil prices. The region's economies are expected to record an average 5.6% real growth rate in 2008 compared with 5.7% in 2007.

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