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Saudi Arabia non-oil sector sees sharp upturnNovember data signalled a strong upturn in the Saudi Arabia non-oil private sector with steep output and new order expansions contributing to the latest positive result, said Emirates NBD in its latest Saudi Arabia PMI report. For More… |
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Egypt’s non-oil sector stabilises in JulyThe downturn in the overall health of Egypt’s non-oil private sector eased in July with new orders stabilising during the month, thereby ending a 21-month sequence of decline, said the latest Emirates NBD PMI survey. Output More… |
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Kuwait non-oil sector resilient, eyes 5pc growthThe non-oil private sector growth in Kuwait this year remained resilient despite pressure from lower oil prices, said a report. The growth is set to pick up pace and is poised to hit 4 to 5 per cent in 2016 and 2017, according to More… |
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Kuwait non-oil sector resilient, eyes 5pc growthThe non-oil private sector growth in Kuwait this year remained resilient despite pressure from lower oil prices, said a report. The growth is set to pick up pace and is poised to hit 4 to 5 per cent in 2016 and 2017, according to More… |
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Oman's non-oil sector posts steady growthThe non-oil sector in Oman grew steadily by an average of 10.33 per cent annually over the 2010-2013 period mainly driven by the expansion under way in the sultanate's tourism industry, said an More… |
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Oman's non-oil sector posts steady growthThe non-oil sector in Oman grew steadily by an average of 10.33 per cent annually over the 2010-2013 period mainly driven by the expansion under way in the sultanate's tourism industry, said an More… |
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Abu Dhabi to focus on non-oil growthAbu Dhabi is pressing ahead with its efforts to promote the non-oil sector in the Emirate, which grew by nine per cent last year, said the director general of the Industrial Development Bureau (IDB) at a conference in the UAE capital. More… |
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UAE non-oil business hits record high, Saudi slows downBusiness activity growth in the UAE’s non-oil private sector rose to a record high in October, helped by sharp gains in new orders and output, while the same in Saudi Arabia slowed over competitive pressures, a survey said. More… |
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GCC economy set to grow 4.5pc in 2014-15: IMFThe 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 More… |
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Saudi logs big growth in non-oil, UAE slumpsNon-oil private business activity in Saudi Arabia grew at the fastest pace in over three years last month, buoyed by strong expansions in new orders and employment, while the UAE’s business activity growth in the non-oil segment fell More… |
