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The country needs a facilitating economic environment within which to grow unfettered.
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2nd GCC Financial Markets & Treasury Conference opens.
Nimish Makvana, chairman of the Institue of Chartered Accountants of India UAE Chapter, said that the Dubai Chapter had benefitted from a host of professional speakers and top notch experts visiting over the past few months.
The plunge in oil prices has unnerved financial markets in recent weeks as investors worry it means the global economy is weakening and requiring less energy.
Fed also unnerving financial markets by raising rates.
European Economics Commissioner Pierre Moscovici said he did not believe there would be any return to an international financial crisis.
Annual meeting begins amid China slowdown and tumbling commodities.
IMF lowers Middle East growth forecast; advanced nations to see modest recovery.
The findings from the past five years show that apart from 2013, all calendar years under consideration recorded steady job creation across the GCC landscape.
Growth in the fourth quarter came at 6.8 per cent year on year, the lowest quarterly rate since the global financial crisis.
