Sunday 26 March 2017
 
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Oman will need external financing support says report

Oman's continued large twin deficits imply a need for material external financing to prevent sustained erosion in foreign assets and to defend the US dollar peg, a report says. Further borrowing is likely to pressure external

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Oman will need external financing support says report

Oman's continued large twin deficits imply a need for material external financing to prevent sustained erosion in foreign assets and to defend the US dollar peg, a report says. Further borrowing is likely to pressure external

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GCC growth likely to improve this year

The GCC economies recorded a sharp slowdown in 2016 amidst public sector spending cuts, tightening liquidity and investor uncertainty, a report said, adding that growth is expected to improve in 2017 across the GCC states, except in Oman and Bah

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UAE real GDP growth set to regain pace

Following two straight years of softer growth, the UAE's real GDP is set to gather pace in 2017 and 2018 as the non-oil sector is likely to stage a healthy recovery and offset some of the moderation in the oil sector, said a report.

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Dubai forecasts 3.1pc economic growth this year

Dubai is forecasting a higher economic growth of 3.1 per cent during 2017 and plans to provide an economic outlook twice every year in a bid to promote transparency. The emirate’s economy grew by 2.7per cent in 2016 despite

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GCC real GDP growth to stay weak this year: Moody's

The real GDP growth in the GCC in 2017-18 is likely to remain weak by historical standards with an average of 1.6 per cent and ranging from 0.7 per cent for Saudi Arabia to 3.3 per cent for Qatar, a Moody's report said. The ne

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GCC real GDP growth to stay weak this year: Moody's

The real GDP growth in the GCC in 2017-18 is likely to remain weak by historical standards with an average of 1.6 per cent and ranging from 0.7 per cent for Saudi Arabia to 3.3 per cent for Qatar, a Moody's report said. The ne

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Saudi GDP growth outpaces forecasts

Saudi Arabia's gross domestic product (GDP) expanded 1.4 per cent year-on-year in 2016, higher than the IMF forecast of 1.2 per cent, said a report quoting the kingdom's budget document. GDP growth is expected to accelerat

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Non-oil sector ‘helping Bahrain hold growth’

Bahrain’s real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil economy, a report said, adding that growth will pick up in 2017 on a potential recovery in oil prices and as the non-oil sector gathers momentum.

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Non-oil sector ‘helping Bahrain hold growth’

Bahrain’s real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil economy, a report said, adding that growth will pick up in 2017 on a potential recovery in oil prices and as the non-oil sector gathers momentum.

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