Cheap oil slows Saudi projects but Qatar on the rise – Daily Sabah

Daily SabahCheap oil slows Saudi projects but Qatar on the riseDaily SabahLow oil prices are slowing new economic projects in Saudi Arabia and the United Arab Emirates, but projects have accelerated in Qatar and Kuwait, Abu Dhabi Commercial Bank (ADCB) said in a report showing the mixed impact of cheap oil on the Gulf.Qatar accounts for more than 11% of joint Gulf industrial projectsZawya (registration)Gulf states feeling the pinch as oil prices remain lowFinancial Timesall 7 news articles »

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