Thursday 26 May 2016
 
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GDP

Algeria GDP grew 3.9pc in 2015

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

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Bahrain’s non-oil growth hits 3.9pc in 2015

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

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Low oil prices to impact Bahrain growth: NBK

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.

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Bahrain’s GDP set to grow 3pc this year

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

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IMF chief amps up call to boost global growth

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.

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US consumer spending up 2.4pc in Q4

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

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Oman spending to hit $170bn in 5 years

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

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AIM to focus on solutions for SMEs

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.

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Saudi cbank expects GDP growth around 2pc this year

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

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US consumer spending gains steam; inflation up

US consumer spending rose solidly in January and underlying inflation picked up by the most in four years, keeping Federal Reserve interest rate increases on the table this year. The upbeat data on Friday added to reports on manuf

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