Friday 4 September 2015
 
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growth

UAE growth seen at 3.9pc this year

The UAE’s gross domestic product (GDP) growth in 2015 is expected to reach 3.9 per cent thanks to more established diversification efforts, while many Middle East states will see lower growth caused by the plunging oil price, according to

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UK factory growth slips, hiring deteriorates in August

A two-year spell of jobs growth across British factories came to an end last month as manufacturing activity expanded at a slower pace, a survey showed, suggesting the sector is unlikely to boost economic growth much this quarter.

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Global growth likely to be weaker: IMF

Global economic growth this year is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.

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Global growth likely to be weaker: IMF

Global economic growth this year is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.

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Air cargo market volumes 'stagnant' in July

The air cargo market's volume of growth was only 0.7 per cent in July, which was a rather flat month, according to WorldACD Market Data.   No other month recorded a lower growth this year - with revenue figur

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Saudi Q2 GDP growth rises to 3.8pc

Saudi Arabia's gross domestic product, adjusted for inflation, grew 3.8 per cent from a year earlier in the second quarter of 2015, up from a revised 2.3 percent in the first quarter, data from the Central Department of Statistics sho

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British service sector growth surges in August

Growth across British services companies surged in August, adding to signs that the strong pace of economic upturn has continued into the second half of this year, a business survey showed on Friday.   The Confed

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Oman growth may slow to 2-3pc, says Moody's

Oman's economic growth is expected to slow to an average 2 per cent to 3 per cent per year until 2019 from an average 4.9 per cent between 2005 and 2014, rating agency Moody's Investors Service has said. The sultanate'

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Oman growth may slow to 2-3pc, says Moody's

Oman's economic growth is expected to slow to an average 2 per cent to 3 per cent per year until 2019 from an average 4.9 per cent between 2005 and 2014, rating agency Moody's Investors Service has said. The sultanate'

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China must abandon high growth fantasy: Billionaire

China's richest man said on Thursday the government needs to give up any "fantasy" of maintaining high economic growth rates, unusually bold comments at a time when Beijing is grappling to contain a market meltdown that has hammere

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