Friday 25 April 2014
 
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GDP

Robust growth across GCC forecast

Economic growth remains robust across the Gulf Cooperation Council (GCC) states with Qatar’s economy being predicted to grow by 6 per cent, EY’s latest Rapid-Growth Markets (RGM) Forecast said. The report said Saudi Ar

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Qatar GDP may hit $230bn this year

Qatar's gross domestic product (GDP) is expected to touch $230 billion in the current fiscal as the country is expected to achieve a 6-7 percent growth rate for 2014-15, a report said. Qatar has the potential to emerge as the

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Viva Bahrain wins top award for training programme

Viva Bahrain has won the ‘National Society for Support of Education and Training’ (NSSET) award for its Graduate Development Program (GDP) aimed at nurturing young Bahraini talent.   The first edition

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Vibrant ICT sector 'crucial for growth'

The greatest invention of the modern era was the telegraph as it allowed instant communication over vast distances for the first time in human history, Al Hilal Group chairman Anwar Abdulrahman said. Speaking at the opening of the

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Bahrain Q4 GDP growth slows to 5.4pc

Growth in Bahrain's inflation-adjusted gross domestic product slowed to 5.4 percent year-on-year in the fourth quarter of last year from a revised 5.7 percent in the third quarter, data from the state statistics body showed on Monday.

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Bahrain’s economy rebounds with 7.1pc growth

Bahrain's economy bounced back, ending last year on a positive note. The rate of growth topped 5.4 per cent (fixed prices) and soared to 7.1 per cent (current prices) in the fourth quarter of 2013, compared with the same period in 2012.

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Qatar GDP beats forecasts, growth slows in Q4

Qatar's economic growth accelerated to 6.5 per cent in 2013 as a pick-up in construction and inflows of foreign workers ahead of the 2022 soccer World Cup offset easing oil production, data showed on Wednesday. Analysts polled

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Bahrain's banking system outlook changed to stable

The outlook on Bahrain's retail banking system has been changed to stable from negative, said a report, adding that this reflects an economic recovery driven by increased government spending and construction activity. Moody

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Bahrain non-oil growth will pick up this year: IMF

Bahrain's non-oil GDP growth is projected to pick up to about 5 per cent in 2014 driven by capital spending, with oil GDP expected to be flat, an International Monetary Fund mission said. Overall growth is projected to revert

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Tunisia cuts 2014 growth forecast to 2.8pc

Tunisia's government has cut its economic growth forecast to 2.8 percent for this year, which is in line with the IMF's forecast, Finance Minister Hakim Ben Hamouda said on Monday after meeting with a delegation from the International Mo

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