Tuesday 21 November 2017
 
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GDP

Kuwait non-oil growth set to rise to 4pc: IMF

Kuwait’s non-oil growth is projected to increase gradually to about 4 per cent driven by accelerated project implementation under the 5-year development plan and improved confidence, said the International Monetary Fund (IMF).

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Project spending to support Bahrain’s non-oil growth

Bahrain’s non-oil growth will be steady at three to four per cent per year thanks to elevated investment spending, particularly benefitting the construction sector, said the National Bank of Kuwait (NBK) in its latest Economic Update.

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IMF forecasts UAE growth to triple in 2018

The International Monetary Fund (IMF) expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from an expected recovery in oil prices, a report said. Th

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Saudi reform programme to remain on track: report

Recent news reports raise the possibility for Saudi Arabia's reforms to be more gradually implemented to support economic activity, according to a new study from Bank of America Merrill Lynch (BofAML). The government is likely

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Abu Dhabi's GDP set to hit $231bn in 2017

Standard & Poor’s has forecast Abu Dhabi GDP to rise to Dh850 billion ($231.3 billion) and Dh890 billion ($242 billion) at current prices in 2017 and 2018 respectively, attributing the growth to the momentum witnessed by the oil and no

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Saudi Arabia records 2pc non-oil growth: report

Saudi Arabia’s non-oil growth has picked up in July and August, recording a 2 per cent year-on-year growth, according to Bloomberg Intelligence Economics’ new monthly series of Saudi GDP. Created by Ziad Daoud, Middle East E

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Saudi Arabia records 2pc non-oil growth: report

Saudi Arabia’s non-oil growth has picked up in July and August, recording a 2 per cent year-on-year growth, according to Bloomberg Intelligence Economics’ new monthly series of Saudi GDP. Created by Ziad Daoud, Middle East E

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Middle East GDP on track to hit 4 per cent growth

The overall GDP in the Middle East is expected to grow by 2.4 per cent next year and rising to 4 per cent in 2019, says a new report, noting that any extension of Opec’s production cut deal, which ends on March 31, could delay the recovery

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Abu Dhabi industrial licences value tops $20bn

The growth rate of the industrial sector in the gross domestic product (GDP) of Abu Dhabi, UAE amounted to 3.6 per cent in 2016, while the rate of cumulative growth of transformational industries in the GDP was 4.8 per cent from 2013 to 2016, a

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Bahrain fiscal deficit set to fall this year: IMF

Bahrain's fiscal deficit is projected to improve to 12.2 per cent of GDP in 2017, from 18 per cent last year, owing to higher oil prices and continued reduction in spending, an IMF statement said. However, the real GDP growth

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