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GCC states maintain spending despite low oilGovernments in the Gulf Cooperation Council (GCC) are maintaining capital investment spending to support economic activity, despite rising fiscal pressures from falling oil prices, a Standard & Poor's Ratings Services report said. More… |
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Resource management overhaul urgedThe GCC states need to move fast to improve the management of power, water and food resources in order to forge a more sustainable growth path, says a recent study. Inefficient energy and water consumption has significant economic costs, w More… |
