Wednesday 24 September 2014
 
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growth

G20 divided on strategy to attain global growth

As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at US calls for more government stimulus. Opening

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Gulf banks show solid growth, despite low interests

Gulf banks have shown healthy earnings growth over the last year and a half despite historically low interest rates, according to a new Standard & Poor’s Ratings Services report. The report titled ‘Economic Recover

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628 hotel projects under contract in MEA

As many as 628 hotel projects are currently under contract in the Middle East and Africa (MEA) region and together they will add 147,454 rooms into the booming hospitality sector, said a report. The 'under contract' data i

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Bahrain-GCC links contribute to trade growth

Bahrain’s deeper links that it has established with other economies in the region has been a substantial contributor to the kingdom’s trade growth over the past decade, according to a recent report. The Economic Insigh

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Bahrain-GCC links contribute to trade growth

Bahrain’s deeper links that it has established with other economies in the region has been a substantial contributor to the kingdom’s trade growth over the past decade, according to a recent report. The Economic Insigh

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Dubai hotels' ADR down 5.7pc in August

Dubai hotels witnessed a negative revenue per available room (RevPar) and average daily rate (ADR) performance during August despite a 2.6 per cent growth in demand, a report said. Hotels in the emirate recorded a 5.7 per cent drop in A

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India's recovery hit by weak industrial output

India's industrial output growth hit a four-month low in July while inflation remained high, underscoring the struggle of Asia's third-largest economy to make a sustained recovery from its longest stretch of sub-par growth in decades.

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$22 billion projects to help Bahrain achieve growth

Upcoming development and infrastructure projects worth $22 billion will help Bahrain achieve its goal of sustainable economic growth, the Crown Prince said yesterday (September 9). His Royal Highness Prince Salman bin Hamad Al Khalifa,

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GE oil business seeks to outpace market, improve margins

General Electric Co's fast-growing oil and gas business that supplies equipment and services is improving profit margins and is well-placed to outpace industry growth over the next several years, a top unit executive said in an interview.

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Be part of India growth story, Swaraj tells expats

India's External Affairs Minister Sushma Swaraj on Saturday called upon the Indian expats in Bahrain to join the country's development agenda and strengthen their engagement with 'a vibrant and strong India.' She w

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