Monday 28 May 2018
 
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GCC economy

Bahrain non-oil sector beats expectations with 4.8pc growth

The growth momentum of the Bahraini economy has continued to exceed expectations, with the annual pace of growth in the non-oil sector reaching 4.8 per cent in the first nine months of 2017, said the Bahrain Economic Development Board (EDB).

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Access to finance ‘critical to GCC economies’

As lower oil prices affect the role played by governments as direct and indirect drivers of GCC business investment, ensuring companies’ access to finance is becoming critical, according to a new ICAEW report. This requires

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Access to finance ‘critical to GCC economies’

As lower oil prices affect the role played by governments as direct and indirect drivers of GCC business investment, ensuring companies’ access to finance is becoming critical, according to a new ICAEW report. This requires

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HNWIs positive about GCC economic progress

High net worth individuals (HNWIs) in the GCC are more positive about the economic situation in the Gulf region than globally, a report said. High net worth individuals (HNWIs) in the GCC are more positive about the economic situa

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GCC economy set to grow 4.5pc in 2014-15: IMF

The GCC economies have been amongst the best performing in the world in recent years, and are expected to grow 4.5 per cent in 2014-15, said Christine Lagarde, managing director of the International Monetary Fund (IMF). “Par

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GDP growth in GCC seen slowing down

Real and nominal GDP growth rates in the GCC are expected to slow down in 2012 because oil production and price are not expected to be higher than last year, according to a leading economist. There may be a reduction in GCC oil output as L

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Invest in human resources, says expert

GCC governments must choose to invest in the future, namely in human resources and new economy businesses, for a bright future, according to an international business expert. Jack Perkowski, also known as Mr China, chairman and CEO of

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Private equity crucial for GCC economies

The growing impact of the multi-billion dollar private equity industry on the economic diversification of the Arabian Gulf is to be the subject of a special study to be released at the second 'Private Equity Forum,' which runs from June

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EFG-Hermes boosts research team

Regional investment bank EFG-Hermes has strengthened its research team with the appointment of Monica Malik as senior economist. Malik’s scope of research will cover economies across the Middle East region, with a specific focus on the Gu

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