Wednesday 23 April 2014
 
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China's urbanisation rate set to hit 60pc

China's urbanisation rate is expected to hit 60 percent by 2018, according to a government think tank report, two years ahead of previous official expectations, bringing a potential economic boost to the world's second largest economy.

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Global health workforce shortage to reach 12.9m

The world will be short of 12.9 million healthcare workers by 2035; today, that figure stands at 7.2 million, according to a report released by the World Health Organization (WHO). The report, A Universal Truth: No health without

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Qatar's fiscal surplus doubles to $27.4bn

Qatar's fiscal surplus more than doubled to a record $27.4 billion -  equivalent to about 14.2 per cent of GDP - during the financial year 2012/13, driven by burgeoning oil and gas revenues, said a report. However, a pick

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Syrian refugee numbers hit 2m in ‘tragedy of century’

More than two million refugees have now fled Syria's civil war in human suffering unparalleled in recent history, the United Nations said on Tuesday. Of the total Syrian population of about 20 million, either inside or outside

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Ageing, fertility rates - tough choices for Europe

Slowly but unsurely, Europe is facing up to population trends that will sap long-run economic growth and force nations to choose between cutting pensions and welfare benefits or paying higher taxes to maintain them.  

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GGC food consumption ‘to top 3pc growth’

Food consumption in the GCC region will expand at a compound annual growth rate of 3.1 per cent, reaching 49.1 million metric tonnes by 2017 in line with the rapidly growing population and increase in foreign tourists, a report said.

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Saudisation ‘will support economic growth’

Saudisation will support economic growth and although the SR2,400 ($640) levy on foreign employees in excess of locals will cause short-term margin pressures, it will result in long-term gains, a report said. “We believe Sau

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Top Spanish pharma makes Mideast foray

Cinfa, one of Spain’s leading pharmaceutical manufacturers, launched operations in the region via the burgeoning UAE market, at a ceremony in Dubai attended by the Spanish Ambassador to the UAE and health officials. “C

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Population boom 'to spur ME growth'

A population boom means a huge potential workforce for the Middle East, but only if governments invest in them, according to Institute of Chartered Accountants in England and Wales (ICAEW). In its latest quarterly report, the acco

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Saudi under pressure to improve transport sector

With economic growth forecast to have reached 5.3 per cent in 2012 and a population having grown at a CAGR of about three per cent between 2000 and 2011 Saudi Arabia is under unprecedented pressure to improve its transport infrastructure.

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