Saturday 5 September 2015
 
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UAE, Saudi record sharp growth in non-oil business

Business activity growth in the UAE’s non-oil private sector accelerated in August to a six-month high, while the same in Saudi Arabia rose to a five-month high during the month, buoyed by the impact of increasing oil production, a survey

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Saudi GDP improves in 2014 over oil sector growth

Saudi Arabia’s real GDP growth improved in 2014 as oil sector growth was higher than expected, while the non-oil sector continued its healthy expansion, a report said. November data showed a rebound in consumer spending comp

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Global factory growth ends 2014 on low note

Global manufacturing activity expanded at its weakest pace in more than a year at the end of 2014, even though factories cut their prices at the steepest rate for nine months, a business survey showed on Friday. JPMorgan's Glo

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Bahrain institute inks training deal with PMI

Bahrain Institute of Banking and Finance (BIBF) said it has signed an MoU with the Project Management Institute (PMI) – Arabian Gulf Chapter, to serve as the training arm for project management related courses. The agreement

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Egypt business activity grows at near-record pace

Business activity in Egypt expanded at a near-record pace in September, a survey showed on Tuesday, with a nascent economic recovery encouraging companies to hire for the first time in nearly 2-1/2 years. Egypt's economy has b

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Egypt business activity grows at near-record pace

Business activity in Egypt expanded at a near-record pace in September, a survey showed on Tuesday, with a nascent economic recovery encouraging companies to hire for the first time in nearly 2-1/2 years. Egypt's economy has b

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Saudi logs big growth in non-oil, UAE slumps

Non-oil private business activity in Saudi Arabia grew at the fastest pace in over three years last month, buoyed by strong expansions in new orders and employment, while the UAE’s business activity growth in the non-oil segment  fell

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Major economies end first quarter on weaker note

Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth. Factories across

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Saudi business growth hits 3-month high

Growth in Saudi Arabia's non-oil business activity accelerated in December to a three-month high, a survey showed on Monday, while output growth rose at the fastest rate since April. The seasonally adjusted SABB HSBC Saudi Ara

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Asia's manufacturers buoyant at end 2013

Asia's manufacturing sector ended 2013 on a strong note, with expansion hitting multi-year highs in export-driven Japan and Taiwan, but signs of moderation in China raises concerns about the outlook for the new year. Both offi

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