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
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
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
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.
Bahrain’s economic growth this year is set to be in line with last year despite continued downward pressure on oil prices, finds the latest assessment by the Economic Development Board (EDB), reported the Gulf Daily News (GDN), our siste
International Monetary Fund managing director Christine Lagarde on Tuesday turned up the volume on her calls for stronger action by the world's economies to boost growth, warning that downside risks were increasing without decisive action.
US economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang.
Gross domestic produ
Oman’s spending during the 9th five-year development plan (2016-2020) is estimated to reach RO65.9 billion ($170 billion), a report said.
Total revenues are projected at RO 51.1 billion, added the Oman Observer repo
The upcoming Annual Investment Meeting (AIM) 2016 in Dubai, UAE will feature discussions on small and medium-sized enterprises (SMEs) in emerging markets focusing on challenges, relationship to financial markets and financing options.
Saudi Arabia's economic growth is likely to be around two per cent in 2016, a central bank official said, reflecting the impact of lower oil prices on the kingdom's economy.
GDP was up 3.6 per cent year