Wednesday 1 October 2014
 
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Economic Growth

Qatar's economic growth edges up to 5.7pc in Q2

Qatar's economic growth picked up slightly to 5.7 per cent on an annual basis in the second quarter of this year as robust non-oil activity outweighed a decline in the hydrocarbon sector, official data showed on Tuesday. Real

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Diversification to drive UAE economic growth

The diversification policy of the UAE constitutes an important pillar of the economic performance as it reduces the dependence on oil and supports the real sector, said an industry expert, projecting a 5 per cent economic growth in 2014.

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Investing in human resources

Japan, Korea, Taiwan, Singapore, Dubai and even India (the knowledge economy) have clearly demonstrated as countries that have economically prospered in the last 25 years or so due to their high level of human resources and management competenci

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G20 chiefs probe economic growth

Finance chiefs from G20 nations held talks yesterday (September 20), confident they can 'change the destiny of the global economy' despite rising world political tensions and mounting fears of financial instability. The m

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Slowing climate change makes economic sense: study

Investments to help fight climate change can also spur economic growth, rather than slow it as widely feared, but time is running short for a trillion-dollar shift to transform cities and energy use, an international report said on Tuesday.

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Dubai's finances stronger but still vulnerable: IMF

Dubai's ability to finance its debts has improved because of stronger economic growth and more conservative spending, but the emirate would still be vulnerable in a major dowturn of the global economy, the International Monetary Fund said.

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Saudi Q1 economic growth slows to 4.7pc

Saudi Arabia's economic growth eased to an annual rate of 4.7 percent in the first quarter of 2014 as labour market measures curbed activity in some sectors, but the expansion was still stronger and more widespread than growth a year ago.

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Egypt sees economic growth above 3pc in 2014/15

Egypt's economy is expected to grow by more than 3 percent during the 2014/15 fiscal year, Finance Minister Hany Kadry Dimian said on Monday, in line with previous forecasts. The minister spoke the day after President Abdel Fa

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Saudi eyes ‘qualitative’ shift in economic development

Saudi Arabia said on Tuesday it would take new "qualitative measures" to improve its economic development, signalling a potential shift of emphasis in its drive to raise living standards by spending tens of billions of dollars on welfa

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Tunisia cuts 2014 growth forecast to 2.8pc

Tunisia's government has cut its economic growth forecast to 2.8 percent for this year, which is in line with the IMF's forecast, Finance Minister Hakim Ben Hamouda said on Monday after meeting with a delegation from the International Mo

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