Tuesday 4 August 2015
 
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economy

Shaky start for global economy in second half

The global economy started the second half of the year on shaky ground with China's factory sector activity contracting in July at the fastest pace in 15 months and euro zone manufacturing weaker than expected, although US activity picked up

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Saudi cautions Iran to use nuke deal to help economy

Iran should use a nuclear deal agreed this week with six world powers to improve its economy, and not to pursue ‘adventures’ in the Middle East, Saudi Arabia's foreign minister said on Thursday. "We hope that

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China economy grows 7pc in Q2 as activity picks up

China's economy grew an annual seven per cent in the second quarter, steady with the previous quarter and slightly better than analysts' forecasts, though further stimulus is still expected after the quarter ended with a stock market cra

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Greek debt talks stumble before EU leaders gather

Negotiations to avert a Greek debt default stumbled on Wednesday and euro zone finance ministers accused Athens of refusing to compromise despite a deadline next week that could put it on a path out of the euro zone. With European

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Productivity, performance ‘key to economy boost’

High productivity and dedicated performance are key to boosting Bahrain’s national economy, according to the Premier. Receiving a group of businessmen, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa s

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UAE, Saudi continue to grow despite cheap oil

The UAE and Saudi Arabia continue to witness growth despite lower oil prices, a report said, noting that the UAE even recorded high levels of job creation during May, while Saudi Arabia’s output and new orders expanded. &ldq

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UAE, Saudi continue to grow despite cheap oil

The UAE and Saudi Arabia continue to witness growth despite lower oil prices, a report said, noting that the UAE even recorded high levels of job creation during May, while Saudi Arabia’s output and new orders expanded. &ldq

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UAE’s economy expands despite lower oil prices

Dubai witnessed a 4.5 per cent gross domestic product growth last year, and a 6.5 per cent rise in employment, driven by long term planned infrastructure and the ideal investment environment offered by the emirate, according to an expert.

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Bahrain Internet economy 'among best in the world'

Bahrain's Internet economy is ranked among the 30 best in the world, a new report said. The research, by The Boston Consulting Group (BCG), a global management consulting firm and the world's leading adviser on business st

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Bahrain Internet economy 'among best in the world'

Bahrain's Internet economy is ranked among the 30 best in the world, a new report said. The research, by The Boston Consulting Group (BCG), a global management consulting firm and the world's leading adviser on business st

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