Tuesday 16 October 2018
 
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GDP

Abu Dhabi foreign trade 12.8pc of 2017 GDP

Abu Dhabi's foreign trade in goods accounted for 12.8 per cent of the GDP in 2017, reported state-run Wam, citing the Statistical Yearbook of Abu Dhabi 2018, released by the Statistics Centre - Abu Dhabi (SCAD). Refle

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Saudi oil revenues set to hit $161bn: report

Saudi Arabia's oil revenue is expected to reach SR605 billion ($161.36 billion) against budgeted SR492 billion this year as the kingdom witnesses a continuous improvement in the economy, an Al-Rajhi Capital research report said. 

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Saudi oil revenues set to hit $161bn: report

Saudi Arabia's oil revenue is expected to reach SR605 billion ($161.36 billion) against budgeted SR492 billion this year as the kingdom witnesses a continuous improvement in the economy, an Al-Rajhi Capital research report said. 

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Oman's industrial sector grows 2.6pc in Q1

Oman's industrial activities recorded a value of RO1.215 billion ($3.16 billion) at the end of the first quarter of 2018, an increase of 2.6 per cent over the RO1.185 billion recorded by the end of the first quarter of 2017, official data

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Oman's GDP rises 6.5pc to $18.27bn in Q1

Oman's gross domestic product (GDP) rose 6.5 per cent to reach RO7.034 billion ($18.27 billion) at the end of the first quarter of 2018, compared to RO6.605 billion ($17.16 billion) in the same period of 2017, official data said.

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Sharjah tourism sector contributes over $2.4bn to GDP

The ongoing ‘Sharjah Summer Festival 2018,’ which will come to an end on August 31, has had a significant impact on the emirate’s tourism sector, contributing to the revitalisation of the economy and increasing tourism inflow t

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Saudi Arabia aims to boost SME role in GDP

Saudi Arabia’s Vision 2030 aims to increase SME contribution to GDP from 20 per cent to 35 per cent, lower unemployment from 11.6 per cent to 7 per cent, and increase non-oil exports from 16 per cent to 50 per cent, a report said.

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Saudi Arabia aims to boost SME role in GDP

Saudi Arabia’s Vision 2030 aims to increase SME contribution to GDP from 20 per cent to 35 per cent, lower unemployment from 11.6 per cent to 7 per cent, and increase non-oil exports from 16 per cent to 50 per cent, a report said.

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Egypt non-oil sector sees bigger recovery in July

Egypt’s non-oil private sector recorded a greater recovery during July, supported by gradual monetary policy normalisation, improved political stability and a rebound in the tourism sector, said Emirates NBD in its latest Egypt PMI survey.

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Saudi Q2 revenues soar 67pc; non-oil up 42pc

Saudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said.

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