Bahrain’s economic growth in real GDP is expected to slow this year to two per cent from 4.5 per cent last year amid a weak oil price environment, a report said. The latest Economic Update from the National Bank of Kuwait (NBK) says the
Bahrain’s gross domestic product (GDP) growth next year is expected to be 2.8 per cent, according to an expert at Institute of Chartered Accountants in England and Wales (ICAEW). ICAEW economic adviser and Centre for Economics and Busine
Bahrain’s government could soon be forced not to exceed 60 per cent of gross domestic product (GDP) when going for borrowing. Parliament’s financial and economic affairs committee has backed the Shura Council’s new law that p
Saudi Arabia’s mining sector is set to triple by 2030, and its contribution to the gross domestic product (GDP) is expected to reach SR260 billion ($69.32 billion) in 15 years, said the kingdom’s Minister of Petroleum and Mineral Res
The benefits of a treaty that will cut red tape at borders and standardise customs procedures are much larger than previously thought and could add $3.6 trillion to annual global exports, the World Trade Organization (WTO) said in a report on Mo
Asian shares held near two-month highs on Monday as a batch of Chinese data showed the world's second-largest economy slowing further but not in danger of a hard-landing.
Some emerging market currencies trimmed early losses af
China posted its weakest quarterly economic growth since the global financial crisis on Monday, raising pressure on policymakers to cut interest rates further and roll out other support measures to avert a sharper slowdown.
The World Bank cut its 2015 and 2016 growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by the risk of a sharp slowdown in China and possible spillovers from expected increases in US interest rates.
Kuwait’s government spending in August stood at KD4.2 billion ($13.91 billion) fiscal-year-to-date (fytd), marking 22 per cent of the FY15/16 budget, slightly above the historic average of 14 per cent, a report said.
Bahrain's real second-quarter gross domestic product (GDP) growth rose to 3.7 per cent year on year from 2.8 per cent in the first quarter, data from the Central Informatics Organisation showed on Sunday.