Saturday 21 April 2018
 
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OECD

Oil demand growth to hit 1.53 mbpd in 2018

Oil demand growth is anticipated to be around 1.53 mbpd in 2018, following a marginal upward adjustment compared to last month’s report, with global oil demand now expected to reach 98.51 mbpd, a media report said. Non-OECD

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UAE world's largest aid donor for 2016: OECD

The development aid provided by the UAE in the year 2016 reached Dh15.57 billion ($4.24 billion), making it the world's largest donor of official development aid, according to data released by the Organisation for Economic Co-operation and D

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G20 GDP growth stable at 0.9pc in Q1

Growth of real Gross Domestic Product (GDP) in the G20 area was stable at 0.9 per cent, in the first quarter of 2017, according to provisional estimates.    Growth picked up in Korea (to 1.1 per cent, from 0.5 per cent)

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Action on climate change will boost economy: OECD

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

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Opec scores 90pc compliance with output agreement

Opec crude production fell by one million barrels per day (mbpd) to 32.06 mbpd in January, leading to record initial compliance of 90 per cent with the recent output agreement, said the International Energy Agency (IEA) in a new report.

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GEMS Education in assessment programme tieup

Dubai-based GEMS Education is partnering with France’s Organization for Economic Cooperation and Development (OECD) to support the launch of a new approach to improving education assessment and strategies in low- and middle-income countrie

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UAE to implement G20, OECD tax procedures

The UAE government is set to begin implementing the standards of joint disclosures and the exchange of information for tax purposes set out by the G20 and Organisation for Economic Cooperation and Development (OECD), in accordance with the Forei

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Structural reforms needed to spur Mena economy: OECD

Mena countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD Secretary-General said.

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Central banks nearing limits of ability to stimulate growth

The world's central banks are "pretty close" to the limits of their ability to stimulate economies, Angel Gurria, head of the Organization for Economic Co-operation and Development (OECD), said on Saturday. In the ab

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IEA sees oil market balance in H2, stock build next year

The oil market is now in balance thanks to unplanned outages and robust demand, particularly from emerging economies, but this equilibrium will tilt into surplus again early next year, the International Energy Agency said on Tuesday.

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