Thursday 14 December 2017
 
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Economic Growth

Brightening outlook for GCC countries: UBS

The economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee

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Brightening outlook for GCC countries: UBS

The economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee

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Outlook for global sovereigns stable: Moody’s

The outlook for sovereign creditworthiness in 2018 is stable overall, with the healthy growth and synchronized global economic expansion of 2017 likely to continue into 2018, said Moody's Investors Service in a new report. &qu

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Private sector 'to spearhead Bahrain's economic growth'

Bahrain's government must build on its significant achievements and ensure sustainable economic growth and the delivery of opportunities for all under its Economic Vision 2030, said Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Su

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Egypt economy ‘could expand at 6pc per year’

The Egyptian economy can sustainably expand at an annual growth rate of 5 to 6 per cent, said an industry expert, noting that further reform progress is crucial and access to foreign funds is a key element in this process. “

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Indian growth slows sharply in June quarter

India's economic growth slowed sharply in the June quarter, putting the government's target further out of reach and raising concerns that Asia's third-largest economy will create too few jobs for a burgeoning workforce.

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Low oil prices to impact Bahrain growth: NBK

Bahrain’s economic growth is expected to slow in 2016 as real growth in the oil sector receded amid a low oil price environment, a report said. Growth in real GDP will slow from an estimated 1.6 per cent in 2015 to around 1.

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Qatar cuts 2015 GDP forecast, ups fiscal surplus view

Qatar said on Wednesday it has halved its forecasts for economic growth in 2015, the latest sign of the hit taken by the wealthy Gulf state's economy at a time of low oil prices. Growth expectations were slashed to 3.7 per cen

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Subsidy reforms ‘key to GCC economic growth’

Countries in the region have been urged to follow Bahrain's footsteps in diversifying their economies. UK-based economist Scott Corfe, who is the economic adviser for the Institute of Chartered Accountants in England and Wales

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Services sector key to Dubai economic growth

Services remain the key focus for Dubai in its efforts to build economic momentum, supported by a move to streamline interaction with the authorities through the use of digital tools, a report said. Dubai’s push to broaden i

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