Output growth in the six GCC countries – Qatar, Saudi Arabia, Kuwait, Oman, Bahrain and the UAE – has on the whole been on an upward trend ever since hitting a low in 2009 at the height of the global financial crisis.
Real GDP growth for the group hit 7.5% in 2011 – the highest since 2003 – as total oil production rose by more than 10%, and non-hydrocarbon growth increased in all member countries bar Bahrain, which was hit by anti-government demonstrations. (CONTINUED - 510 WORDS)
