Tuesday 28 June 2016
 
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GDP

Saudi non-oil GDP growth to slow to 2.8pc

Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 per cent this year from 3.4 per cent in 2015, Saudi central bank governor Ahmed Al Kholifey told state television station Ekhbariya. Kholifey,

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Saudi non-oil GDP growth to slow to 2.8pc

Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 per cent this year from 3.4 per cent in 2015, Saudi central bank governor Ahmed Al Kholifey told state television station Ekhbariya. Kholifey,

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Qatar sees at least three years of budget deficits

Qatar's government expects to run a budget deficit for at least three years as low natural gas and oil prices weigh on its revenues, the Ministry of Development Planning and Statistics said on Saturday. In a long-term report o

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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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