Monday 18 June 2018
 
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GDP

Dubai ranks top in region for government budget

Dubai ranks first in the Arab world in terms of government budget (as percentage of GDP) while globally the emirate ranks seventh in government efficiency and third in public finance, according to the Competitiveness Report 2018 issued by the In

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UAE current account surplus tops $26bn in 2017

The UAE current account surplus surged to Dh97.1 billion ($26.4 billion) in 2017, accounting for 6.9 per cent of the Gross Domestic Product (GDP), from Dh48.5 billion, 3.7 per cent of GDP, in 2016, a media report said. The upsurge

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Tourism sector adds $42bn to UAE’s GDP in 2017

The total contribution of travel and tourism to UAE’s GDP was Dh154.1 billion ($41.9 billion), reflecting 11.3 per cent of the country’s GDP in 2017 and is forecast to rise by 4.9 per cent in 2018, said a top government official.

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UAE to see 2.1pc GDP growth in 2018: Moody’s

UAE is expected to record a GDP growth of 2.1 per cent in 2018 and 3.9 per cent in 2019, said Moody’s in a new report, adding that non-oil growth will recover in 2018-2021, supported by government spending after three years of cuts.

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UAE to see 2.1pc GDP growth in 2018: Moody’s

UAE is expected to record a GDP growth of 2.1 per cent in 2018 and 3.9 per cent in 2019, said Moody’s in a new report, adding that non-oil growth will recover in 2018-2021, supported by government spending after three years of cuts.

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Bahrain leads GCC with non-oil growth of 5pc in 2017

Bahrain’s real GDP grew by 3.9 per cent in 2017, with the non-oil economy expanding by 5 per cent, making it the fastest growing country in the GCC, according to data published in the latest Bahrain Economic Quarterly (BEQ).

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Bahrain leads GCC with non-oil growth of 5pc in 2017

Bahrain’s real GDP grew by 3.9 per cent in 2017, with the non-oil economy expanding by 5 per cent, making it the fastest growing country in the GCC, according to data published in the latest Bahrain Economic Quarterly (BEQ).

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Saudi Arabia's stable outlook reflects strong fiscals

Saudi Arabia's (A1 stable) credit strengths include a strong fiscal position; substantial external liquidity buffers; a large stock of proved oil reserves combined with low extraction costs; and prudent financial system regulation, said Mood

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Tourism contributes $1.9bn to Sharjah’s GDP

The tourism sector in Sharjah has contributed over Dh7 billion ($1.9 billion), or 8.5 percent, to the emirate’s total gross domestic product (GDP) of Dh83 billion, said the chairman of the Sharjah Commerce and Tourism Development Authority

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Tourism contributes $1.9bn to Sharjah’s GDP

The tourism sector in Sharjah has contributed over Dh7 billion ($1.9 billion), or 8.5 percent, to the emirate’s total gross domestic product (GDP) of Dh83 billion, said the chairman of the Sharjah Commerce and Tourism Development Authority

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