Monday 25 May 2015
 
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GDP

Qatar tax laws in spotlight at Bahrain seminar

Many businesses and high net worth individuals in Bahrain choose to set up branches or invest in nearby Qatar, taking advantage of the wealth of opportunities that the high GDP country has to offer. Qatar has streamlined its regul

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Russia's oil production hits record 10.7m bpd

Russian oil and gas condensate production, among the world's largest, remained at a post-Soviet record level of 10.71 million barrels per day (bpd) in April, underpinned by a recent recovery in oil prices, Energy Ministry data showed.

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US economy falters in Q1 on weather, energy prices

US economic growth nearly stalled in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending. Gross domestic product expanded at an only 0.2 per cent annual ra

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Gulf economies' growth forecasts cut as oil stays low

The outlook for most of the rich Gulf Arab economies has dimmed for this year and next as oil prices have remained relatively low, according to a Reuters poll published on Wednesday that showed economists cutting their forecasts.

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Ocean output seen at $2.5trn a year, but sinking fast

Economic output by the world's oceans is worth $2.5 trillion a year, rivalling nations such as Britain or Brazil, but marine wealth is sinking fast because of over-fishing, pollution and climate change, a study said on Thursday.

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Arab economies set to register growth of 3pc

Arab economies are expected to see gross domestic product (GDP) growth of three per cent this year, according to a new report. The first edition of the Arab Monetary Fund (AMF)'s "Arab Economic Outlook" report says t

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Cost of hunger: $2 trillion loss in GDP

A total of 805 million people are chronically undernourished worldwide and hunger and under-nutrition reduce the global GDP by up to 3 per cent, or the equivalent of $2 trillion every year, a report said. The global population is

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V-shaped recovery in oil prices ‘unlikely’

A V-shaped recovery in oil prices is unlikely and Brent will average $52 per barrel in 2015 and $58 per barrel in 2016, a report said. In the past 15 years, the global economy was defined by rising commodity prices, zero interest

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Bahrain Q4 GDP growth eases to 4pc

Bahrain's real gross domestic product (GDP) growth slowed to 4.0 per cent year-on-year in the final quarter of 2014. It is the weakest rate since 3.2 per cent in the first quarter of the year, preliminary data from the Central

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Kuwait growth to slow as govt cuts subsidies

Kuwait’s real gross domestic product (GDP) has been projected to slow this year as the government cuts subsidies before recovering in the next two year as major development projects get underway, according to a report. QNB G

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