Financial Times: New Trade Routes: Arab region expected to bounce back

 

The worldwide slump in oil prices has had an immediate impact on the hydrocarbon-dependent economies of the Gulf, writes Simeon Kerr in the FT. Gulf countries should invest in trade infrastructure, argues Badr Jafar, president of Crescent Petroleum and Chairman of the Alumni Council at Cambridge Judge Business School. “Large scale infrastructure spending will boost productivity and precipitate regional trade as well,” he says.

Read the full article [ft.com]