The Middle East: The rough with the crude
![The Middle East: The rough with the crude](https://www.legalbusiness.co.uk/wp-content/uploads/2019/05/the_rough_with_the_crude_middle_east-150x150.jpg)
The global economy is slowing and so too is the Middle East. In April, the International Monetary Fund (IMF)almost halved this year’s growth forecast for the MENA region to 1.3%, from its previous estimate of 2.5% in October 2018. Dragging everything down is the oil sector – particularly in Saudi Arabia – US sanctions in …
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