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Productivity, trade 'key to Bahrain growth'The productivity growth – particularly in tradable sectors such as manufacturing – should be at the centre of sustained economic growth in Bahrain, said a top economist in the kingdom. Dr Jarmo Kotilaine, the chief eco More… |
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Inflation a risk for strong Saudi economy: IMFSaudi Arabia faces a possible inflation risk due to buoyant growth that may warrant policy action to prevent the economy from over-heating, the International Monetary Fund said. More… |
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UAE economic growth hits 4.4pc in 2012Economic growth in the UAE accelerated to 4.4 percent in inflation-adjusted terms in 2012 from a downwardly revised 3.9 percent the previous year as activity picked up across all sectors, its stat More… |
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Takaful poised for big growthThe global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an increasingly important component of the Sharia-compliant banking and finance system, said a report. South East Asia, particularly More… |
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Qatar Petroleum unit rebranded as AlwaseetaQatar Intermediate Industries Holding Company, a subsidiary of Qatar Petroleum (QP), has announced the launch of its new corporate identity "Alwaseeta" in line with the 'Qatar National Vision 2030.' The new name, More… |
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Egypt targets 2013/14 growth of 4.1pcEgypt's newly appointed Planning Minister Amr Darrag said on Wednesday that the government was targeting economic growth of 4.1 percent in the fiscal year that will begin on July 1. The government had previously been predictin More… |
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Bahrain's real estate sector on growth pathBahrain's real estate sector has experienced considerable growth in activity over the last few months, key industry representatives participating in the Gulf Property Show said. Calling the exhibition well-timed, representativ More… |
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Easier visa rules 'key to Dubai growth'Simplified visa processes and lower travel barriers will contribute to substantially increased global passenger traffic and will make Dubai an even more attractive destination for both leisure and business travelle More… |
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Strong hiring data eases US worriesUS employment rose more than expected in April and hiring was much stronger than previously thought in the prior two months, easing concerns belt-tightening in Washington was dealing a big blow to the economy. Nonfarm payrolls ros More… |
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DIB eyes double-digit profit growth, acquisitionsDubai Islamic Bank (DIB) said it has dealt with much of its balance sheet weakness and should see profits for 2013 grow in the high double digits, allowing it to eye acquisitions in new markets in Asia. Leaders at the world's More… |
