Mideast GDP to rise 5
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Real gross domestic product (GDP) for the Gulf region will grow by 5% this year, down from 6.8% in 2005 and about 6% last year, according to Al-Rajhi Bank's July newsletter and cited by Arab News. The UAE is expected to record the highest real GDP growth in 2007 at 8.2%, followed by Qatar 8%, Bahrain 6.9%, Oman 6%, Saudi Arabia 4.8%, and Kuwait 3.5%.n
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