Greater regional economic integration is needed to fill financing gaps.
Gulf businesses see Africa as a key frontier investment destination.
Egypt’s growth rate could more than double thanks to Gulf investments and the launch of serious reforms, according to Renaissance Capital.
Bahrain is emerging from its lethargy, but political issues continue to weigh on economic ambitions.
Saudi Arabia is expected to reduce capital spending as the impact of lower oil prices trickles down to the economy, according to analysts.
Egypt’s central bank will repay Qatar USD 500 million in October and USD 2 billion in November, the governor said.
The Asian giant and the oil-producing region are expanding bilateral business ties beyond energy commodities.