Tuesday 3 March 2015
 
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economic

Opportunities in Saudi’s economic diversification in focus

The need for greater economic diversification in Saudi Arabia and the opportunities that diversification will create for local and international banks will be reviewed at an upcoming Euromoney conference in the kingdom. The Euromo

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Hikma delivers insights on Mena growth markets

Hikma Pharmaceuticals, a fast growing multinational pharmaceutical group, provided insights on the impact of recent societal, political and economic developments on growth markets in the Arab world at the recently concluded World Economic Forum

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Saudi printing sector grows 8pc as economy thrives

Saudi Arabia’s $800 million printing industry is the oldest and biggest in the GCC and is growing at an annual rate of eight per cent per annum. The printing of newspapers remains resilient with almost 5.2 million copies of

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Dubai businesses see major boost during DSF

Businesses across key economic sectors including retail, aviation and hospitality were given a major boost during the first two weeks of the Dubai Shopping Festival’s 20th anniversary. The preliminary economic indicators sho

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Global economic outlook is glum despite cheaper oil

A sharp drop in oil prices and a stronger US economy will probably not be enough to brighten the outlook for global economic growth this year, the head of the International Monetary Fund said. IMF Managing Director Christine Lagar

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Bahrain's GDP to grow 3.6pc, despite lower oil revenues

Bahrain's economic growth will continue to remain robust with clear indications that infrastructure spending is significantly boosting non-oil sector momentum. According to the Economic Development Board (EDB), the kingdom'

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Key economic programmes 'vital for OIC'

The need to develop economic and social programmes in all parts of the Islamic world was stressed by Bahrain’s  Industry and Commerce Minister Dr Hassan Fakhro yesterday (November 27). He was speaking at the 30th Standi

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Egypt's govt has to deliver growth to survive: minister

Egypt's government has to deliver economic growth to survive and can not let complex laws and bureaucracy discourage foreign investment, the country's investment minister said. Egyptian President Abdel Fattah Al-Sisi, whos

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Oxford Business Group marks 10 years in Abu Dhabi

Oxford Business Group (OBG), a global publishing, research and consultancy, has tracked Abu Dhabi’s fast-paced economic development for ten years. Michelle Solomon, regional director for Abu Dhabi, said the milestone provide

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Brent falls below $90 to near 4-year low

Brent crude futures fell below $90 a barrel on Friday, close to a four-year low, as rising supply and more grim economic news stretched a months-long slump in oil prices. US crude also slumped nearly $2 to hit its lowest since 201

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