FINANCIAL NEWS

GCC to support non-hydrocarbonated resources of income

10 Aug 2014

(MENAFN) According to a report by the QNB, the GCC countries have been supporting more diversified non-hydrocarbonated resources of income despite the increase in prices for hydrocarbon and oil and gas productions, reported Arab News.

This support aims to expand the economy of these countries to include more domains such as infrastructure projects including building new roads, networks, real estate and power and water stations as well as variety of other projects across the GCC countries.

The new plan also aims to enable the private sector to have a more substantial role in the GCC economy and with the growth and development of its countries.

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