Monday 27 April 2015
 
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growth

Bahrain real GDP to grow at 4pc, despite challenges

Bahrain's real GDP growth is projected to be around four per cent mark over the coming two years, despite the challenging macroeconomic environment, according to an Economic Development Board (EDB) report. The latest Bahrain E

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Saudi's Ma'aden registers solid Q1 net profit

Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, reported on Thursday its first-quarter net profit more than doubled year on year, but the earnings still fell short of analysts' forecasts. The company's

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Wacom regroups operations into global business units

Wacom has regrouped its operations, which have been managed on regional basis, into global business units according to user categories, with a view of addressing market needs more quickly and flexibly, and to accelerate further business growth.

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IMF sees moderate, uneven global growth

The International Monetary Fund highlighted an increasing divergence in the growth paths of the world's major economies this year, as a pick-up in the Euro Zone and India is expected to be offset by diminished prospects in other key emerging

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Elster reports rapid expansion in Mena region

Elster, an industry-leading provider of electricity meters, related communications solutions, and software solutions for meter data collection and management applications, has reported rapid growth in markets across the Middle East and North Afr

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India's factory output hits nine-month high

India said yesterday its industrial production grew by five per cent in February, its highest rate in nine months, indicating a boost in Asia's third-largest economy. The year-on-year jump in production by Indian factories, mi

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Arab world is ‘top growth market in health sector’

The Arab world is one of the top growth markets in the health sector, with an enormous population growth that offers great opportunities with more than 360 million people. The demand for health service is also on the rise due to t

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Jacky's registers 30pc sales growth at Gitex Spring

Jacky’s Electronics, a leading multi-brand consumer electronics dealer in the UAE, has achieved 30 per cent sales growth at the recently concluded Gitex Shopper Spring in Dubai, UAE. The retail company saw smartphones, noteb

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Global growth set to improve: StanChart

Standard Chartered has said it expects global growth to improve this year, although in many parts of the world it may not feel that way, with the risk of a policy mistake that could derail progress. In a statement, the bank said i

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IMF sees low potential growth around world

The world's growth potential took a big hit after the 2007-2009 financial crisis and is likely to lag for years, implying that interest rates should likely stay low for quite a while, the International Monetary Fund said in a study on Tuesda

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