Thursday 27 November 2014
 
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GDP

Qatar's GDP grows 6.3pc, owing to non-oil expansions

Qatar’s gross domestic product (GDP) grew 6.3 per cent, as a result of expansions in the non-oil and financial services sector, according to a report. The country’s investment policies are strictly in line with the cou

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Jobs and skills key to beat Gulf’s oil dependency

Now that oil prices have fallen to around $80 per barrel from around $100 in the past few months, the economies of the oil-exporting nations of the Gulf Cooperation Council will be tested. A key question for their future prosperity is: Have they

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Jobs and skills key to beat Gulf’s oil dependency

Now that oil prices have fallen to around $80 per barrel from around $100 in the past few months, the economies of the oil-exporting nations of the Gulf Cooperation Council will be tested. A key question for their future prosperity is: Have they

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Mideast sports sector 'fastest growing globally'

The sports industry in the Middle East is experiencing the fastest growth globally, with revenues projected to grow at 10 per cent per year over the next three years, said an industry expert. There is significant appetite in the r

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Manufacturing activity up 12.6pc in Abu Dhabi

Abu Dhabi’s manufacturing activity increased about 12.6 per cent in 2013, rising from Dh48.2 billion ($13.11 billion) in 2012, a report said. The value added of the manufacturing activity made up 5.7 percent of the Emirate&r

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Abu Dhabi GDP rises 4.8pc in 2013

Abu Dhabi’s 2013 GDP at current prices is estimated at Dh953.2 billion ($259.5 billion), compared with Dh909.7 billion ($247.6 billion) in 2012, representing an annual growth rate of 4.8 per cent, a report said. Accordingly,

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Bahrain’s GDP ‘double the world average’

Bahrain’s average Gross Domestic Product (GDP) per capita topped $24,153 last year, according to a recent report. The updated figures released by the Arab Investment and Export Credit Guarantee Corporation (Dhaman) found tha

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Falling oil prices 'won't hurt UAE GDP'

Falling oil prices won't hurt the gross domestic product (GDP) growth of the United Arab Emirates this year, a Ministry of Economy official told reporters on Tuesday. "Oil accounts for less than 30 per cent of our GDP, so

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Falling oil prices 'won't hurt UAE GDP'

Falling oil prices won't hurt the gross domestic product (GDP) growth of the United Arab Emirates this year, a Ministry of Economy official told reporters on Tuesday. "Oil accounts for less than 30 per cent of our GDP, so

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Egypt GDP growth rate up to 3.7pc in fiscal Q4

Egypt's GDP growth rate rose in the fourth quarter of fiscal 2013/14 to 3.7 per cent, up from 2.5 per cent, the government said, in the latest sign that confidence is returning to an economy battered by three years of political turmoil.

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