Saturday 7 March 2015
 
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GDP

Egypt to grow 4.5pc, hospitality opportunities on rise

Egypt’s gross domestic product (GDP) is on track to grow four per cent in the fiscal year ending June, with expectation for the next fiscal year estimated in the 4.5 per cent range, according to experts. The growth should ac

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Qatar GDP on robust track over heavy diversification

Qatar’s real GDP growth will accelerate to 7 per cent in 2015, 7.5 per cent in 2016 and 7.9 per cent in 2017 as the government continues investing heavily in the non-hydrocarbon sector despite lower oil prices, a report said.

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Mobile Internet revenues hit $700bn in 13 major economies

Mobile Internet is generating about $700 billion in revenues annually in 13 countries that represent about 70 per cent of global gross domestic product (GDP), the equivalent of $780 per adult, and has created employment for about 3 million peopl

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Saudi GDP growth seen at 2.6pc in 2015

Saudi Arabia’s real gross domestic product  (GDP) is expected to grow by 2.6 per cent in 2015 before dropping to 1.5 per cent next year as the oil prices stay subdued, a report said. Meanwhile, 2017 could see a growth o

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Saudi GDP growth seen at 2.6pc in 2015

Saudi Arabia’s real gross domestic product  (GDP) is expected to grow by 2.6 per cent in 2015 before dropping to 1.5 per cent next year as the oil prices stay subdued, a report said. Meanwhile, 2017 could see a growth o

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Saudi Q4 GDP growth lowest in over a year

Saudi Arabia's economic growth fell to its lowest level in more than a year in the fourth quarter of 2014, a sign that the plunge in oil prices may be causing growth to slow, data from the state statistics office showed on Wednesday.

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Saudi Q4 GDP growth lowest in over a year

Saudi Arabia's economic growth fell to its lowest level in more than a year in the fourth quarter of 2014, a sign that the plunge in oil prices may be causing growth to slow, data from the state statistics office showed on Wednesday.

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China posts slowest growth in 24 years

China's economy grew at its slowest pace in 24 years in 2014 as a cooling property market weighed on demand and is expected to lose more momentum this year, keeping pressure on policymakers to head off a sharper downturn. But

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Saudi GDP growth seen at 1.7pc in 2015

The Bank of America (BofA) Merrill Lynch has revised real GDP growth in Saudi Arabia for 2015 down to 1.7 per cent, from 3 per cent, forecasting a real non-hydrocarbon GDP growth of 3.0 per cent. In comparison, real GDP growth and

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Gold near 4-month high on safe-haven bids

Gold held close to a four-month high on Monday as uncertainty in global markets pushed investors towards the safe-haven metal, with holdings in the top bullion fund recording their biggest jump in nearly five years. A market rout

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