Sunday 1 February 2015
 
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GDP

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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Egypt's real GDP up 6.8pc in Q1 2014-15

Egypt's real gross domestic product rose an annual 6.8 per cent in the first quarter of the 2014-15 fiscal year, its strongest growth since 2008, driven by manufacturing and tourism, the central bank said on Thursday. "No

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Bahrain's GDP to grow 3.6pc, despite lower oil revenues

Bahrain's economic growth will continue to remain robust with clear indications that infrastructure spending is significantly boosting non-oil sector momentum. According to the Economic Development Board (EDB), the kingdom'

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UAE’s GDP grows five-fold to $419bn in 10 years

The UAE’s gross domestic product (GDP) rose up to Dh1.54 trillion ($419 billion) in 2014 from Dh314.81 billion ($85.7 billion) recorded at the beginning of Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, in 2004, a report said.

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Kuwait to maintain 6pc non-oil growth for 2 years

Kuwait’s non-oil growth, which accelerated notably in 2013, is expected to maintain its momentum, remaining around 5-6 per cent in the coming two years as government development projects keep their robust pace, a report said.

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Qatar trims 2015 GDP growth forecast to 7.7pc

Qatar's economy is likely to grow 7.7 per cent in 2015, slightly slower than previously expected but still well up from 6.3 per cent forecast for this year, the Ministry of Development Planning and Statistics said on Sunday. T

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