The global oil market is in a good shape and Saudi Arabia is happy with the current oil price, Saudi Oil Minister Ali al-Naimi said on Sunday, expressing satisfaction over a Gulf Arab effort which kept prices in check. More from Arabian Business The UAE economy is showing impressive resilience with Dubai recording a steady improvement from a negative to two per cent growth in 2011 and a projected 3.4 per cent growth in 2012 and even a higher growth rate in 2013, the International Monetary Fund, or IMF, said on Sunday. More from Khaleej Times Elsewhere, the UAE's Minister of Economy Sultan bin Saeed Al Mansouri expects up to four per cent economic growth in 2012. More from Khaleej Times Kuwait's market is expected to see limited impact from Sunday's demonstrations, which were carried out under tight security, but weakness in global markets is likely to
