Saturday 22 July 2017
 
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GDP

Non-oil sector ‘will claim 80pc of UAE, Saudi GDP’

Non-oil sectors will account for more than 80 per cent of GDP in the UAE and Saudi Arabia by 2025, said a new report, highlighting the steps taken by GCC governments to boost private-sector investments, construct new tourist attractions and expa

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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Saudi Arabia's GDP falls in Q1 amid oil slump

Saudi Arabia’s gross domestic product (GDP) fell by 0.5 per cent in the first quarter compared to an annual rise of 2.2 per cent for the same period last year, pulled down mainly by the drop in oil prices, according to a report.

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Saudi Arabia's GDP falls in Q1 amid oil slump

Saudi Arabia’s gross domestic product (GDP) fell by 0.5 per cent in the first quarter compared to an annual rise of 2.2 per cent for the same period last year, pulled down mainly by the drop in oil prices, according to a report.

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Global halal industry grows 8pc to hit $2.3 trillion

The global halal products and services sector is growing at eight per cent year-on-year to hit $2.3 trillion, higher than the GDP of more than 200 countries in the world, according to recent research.   Of this,

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Kuwait non-oil business to see 4pc growth

Kuwait’s non-oil growth is expected to improve to 3.5-4 per cent in 2017 and 2018, while inflation is also expected to remain in check as pressures from housing rent ease, and despite some upward pressures from subsidy cuts, a report said.

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Kuwait non-oil business to see 4pc growth

Kuwait’s non-oil growth is expected to improve to 3.5-4 per cent in 2017 and 2018, while inflation is also expected to remain in check as pressures from housing rent ease, and despite some upward pressures from subsidy cuts, a report said.

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Saudi targets bigger private sector role in GDP

Saudi Arabia is targeting to increase the private sector’s contribution to GDP from 40 per cent to 65 per cent as part of the kingdom’s Vision 2030 plan, said a top official. This will be achieved through increasing th

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