Dubai: The growing econ-omic ties with emerging economies of Asia will benefit economic stability and growth prospects of Gulf economies, said financial experts speaking at the annual Standard Chartered Forum in Dubai yesterday.
"Emerging economies of the world are going through a super cycle of sustained growth over the next two decades. The Gulf region's proximity to some of these markets like India will certainly benefit the region. With India gradually opening up its economy, the Gulf countries stand to benefit the way East Asia benefited from China's growth," said Dr Gerard Lyons, Chief Economist, Standard Chartered Group.
"Emerging economies of the world are going through a super cycle of sustained growth over the next two decades. The Gulf region's proximity to some of these markets like India will certainly benefit the region. With India gradually opening up its economy, the Gulf countries stand to benefit the way East Asia benefited from China's growth," said Dr Gerard Lyons, Chief Economist, Standard Chartered Group.
