Sunday 24 July 2016
 
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GDP

ME aviation sector pumps $157.2bn into region's GDP

Aviation is vital to the modern, globalised world, supporting millions of jobs and driving economic growth. The Middle East has seen impressive expansion in its aviation industry in recent years with air transport supporting 2.4 million jobs and

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UAE SME sector contributing 60pc of GDP

The  small and medium-sized enterprise (SME) industry in Middle East and North Africa (Mena) is becoming an increasingly important contributor to gross domestic product (GDP), with the SMEs in Egypt, Lebanon and UAE accounting for 80 per ce

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UAE SME sector contributing 60pc of GDP

The  small and medium-sized enterprise (SME) industry in Middle East and North Africa (Mena) is becoming an increasingly important contributor to gross domestic product (GDP), with the SMEs in Egypt, Lebanon and UAE accounting for 80 per ce

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Tourism contributes 5pc of Bahrain's GDP

Tourism continues to play a prime role in Bahrain's developemt as the sector directly contributes 5 per cent of the kingdom’s GDP, said a report stating data from a new whitepaper released by Bahrain Economic Development Board.

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Saudi non-oil GDP growth to slow to 2.8pc

Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 per cent this year from 3.4 per cent in 2015, Saudi central bank governor Ahmed Al Kholifey told state television station Ekhbariya. Kholifey,

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Saudi non-oil GDP growth to slow to 2.8pc

Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 per cent this year from 3.4 per cent in 2015, Saudi central bank governor Ahmed Al Kholifey told state television station Ekhbariya. Kholifey,

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Qatar sees at least three years of budget deficits

Qatar's government expects to run a budget deficit for at least three years as low natural gas and oil prices weigh on its revenues, the Ministry of Development Planning and Statistics said on Saturday. In a long-term report o

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Algeria GDP grew 3.9pc in 2015

Algeria's economy grew by 3.9 percent in 2015, up from 3.8 percent the previous year, boosted by higher output in agricultural sector, the government said. Last year's growth was slightly higher than the 3.8 percent govern

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Bahrain’s non-oil growth hits 3.9pc in 2015

Bahrain’s non-oil growth reached 3.9 per cent in 2015 according to the latest Bahrain Economic Quarterly issued by the Economic Development Board, whilst overall GDP growth for the year was 2.9 per cent, reported the Gulf Daily News

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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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