Manama: How the “new oil order” across the world will directly impact GCC countries, leading to an anticipated rise of fiscal deficits in the region, will be the theme of the second GCC Financial Markets and Treasury Conference in Dubai, it has emerged.
Held under the patronage of Deputy Ruler of Dubai and UAE’s Finance Minister Shaikh Hamdan bin Rashid Al Maktoum, the conference will bring global economic experts together to discuss how lower oil prices and high government spending may see the development of debt capital markets in the region .
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