Thursday 18 December 2014
 
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Economic Growth

G-20 vows $2 trillion global economic growth push

Australia's prime minister vowed that world leaders would deliver on an initiative to add $2 trillion to global GDP, promising freer trade and more investment in infrastructure as heads of the 20 largest economies began cementing plans to dr

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Bahrain records 5.6pc economic growth in Q2

Bahrain recorded an overall GDP growth of 5.6 per cent in the second quarter (Q2) of 2014, when compared to the same period a year earlier, according to a new report issued by the Economic Development Board (EDB). The latest Bahra

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Growth worries grip world's stock, oil markets

European stock markets fell for a second day on Wednesday, pushing world share indices back towards their lowest in six months as concern mounts over global economic growth. New York markets were set to open flat to higher and cur

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Non-hydrocarbon sector driving Qatar growth

The non-hydrocarbon sector in Qatar continues to drive economic growth, supporting the diversification of the economy, a report said. Rapid growth in the non-hydrocarbon sector (11.3 per cent) was spurred by large investments in m

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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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