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GCC growth likely to reach 3pc in 2019: IMFReal GDP growth is predicted to reach 2.7 per cent across the Middle East, North Africa, Afghanistan and Pakistan (Menap) region and 3 per cent in the GCC in 2019, according to International Monetary Fund (IMF) Fall 2018 Regional Economic Outloo More… |
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Bahrain's real GDP grows 3.4pc in 2017Bahrain's real gross domestic product (GDP) grew 3.4 per cent year-on-year in the fourth quarter of 2017, while the nominal GDP annual growth rate stood at 8.7 per cent - compared to the same period of the previous year, said the Information More… |
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Saudi GDP improves in 2014 over oil sector growthSaudi Arabia’s real GDP growth improved in 2014 as oil sector growth was higher than expected, while the non-oil sector continued its healthy expansion, a report said. November data showed a rebound in consumer spending comp More… |
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Oman real GDP growth to hit 4.5pc in 2015Oman's real GDP is expected to grow by 4.5 per cent in 2015 mainly driven by a strong non-oil performance averaging seven per cent as the government’s diversification ambitions begin to have an impact, said a report. Oma More… |
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Bahrain's real GDP growth slows to 3.1pcBahrain's real gross domestic product (GDP) growth slowed to 3.1 per cent year-on-year in the first three months of 2014, said preliminary data from the Central Informatics Organisation. This is the weakest rate since t More… |
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GCC projects to spearhead Mena growth in 2014With an estimated real GDP growth of 3.7 per cent in 2013, GCC will continue to drive the Mena economy, mainly through heavy spending on infrastructure, said a report. In the GCC, investment in major infrastructure programs will c More… |
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Mena banks’ outlook 'in sharp contrast'The outlook for banks across the Mena region signals a diverging trend, with stable prospects for GCC banks contrasting with unsettled conditions in rest of Mena region, a report said. The outlook is split between the buoyant oper More… |
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Qatar real GDP grows 6.2pc y/y in Q1Qatar's real r gross domestic product (GDP) grew 6.2 per cent year on year in the first quarter on the back of strong non-oil and gas exports, data from the Gulf country's statistics body showed. The world's top liquef More… |
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Qatar's real GDP grows 6.2pc in 2012Qatar's real GDP grew 6.2 per cent from the earlier forecast 5.6 per cent on the back of strong non-oil and gas exports supported by expenditure in public administration, healthcare and education, said a report. A pick up in p More… |
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Qatar GDP up 14pc in real terms in 2011Qatar's economy expanded 14 per cent in inflation-adjusted terms last year, a slower pace than many analysts had expected, preliminary data from Qatar's Statistics Authority showed on Wednesday. The Gulf Arab country's real gro More… |
