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Dubai's GDP grows 2.9pc in 2016 despite low oilThe economy of Dubai in 2016 continued to perform well at the macro level with real GDP (gross domestic product) growing at 2.9 per cent, according to a report. Dubai was able to achieve growth rates that More… |
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Dubai's GDP grows 2.9pc in 2016 despite low oilThe economy of Dubai in 2016 continued to perform well at the macro level with real GDP (gross domestic product) growing at 2.9 per cent, according to a report. Dubai was able to achieve growth rates that More… |
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Low oil prices set to shape GCC insurance marketMost of the insurers in the Gulf countries are likely to face moderate-to-high credit risk over the next 12-18 months, reflecting subdued economic growth on the back of weak oil prices and relatively high exposure to volatile investment assets, More… |
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Low oil prices to shape GCC insurance marketMost of the insurers in the Gulf countries are likely to face moderate-to-high credit risk over the next 12-18 months, reflecting subdued economic growth on the back of weak oil prices and relatively high exposure to volatile investment assets, More… |
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Low oil prices to shape GCC insurance marketMost of the insurers in the Gulf countries are likely to face moderate-to-high credit risk over the next 12-18 months, reflecting subdued economic growth on the back of weak oil prices and relatively high exposure to volatile investment assets, More… |
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GCC projects market contracts value tumbles on low oilThe GCC projects market is expected to record at best $120 billion worth of contract awards in 2016, down at least a third over last year and well below what was initially forecast, as low oil prices severely impact government expenditure, accor More… |
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Saudi's balance sheet 'strong' despite low oilSaudi Arabia's balance sheet will remain strong between 2016 and 2019, despite the sharp fall in oil prices in recent times, according to a report by Standard & Poor. The ratings agency affirmed an ‘A-/A-2’ rat More… |
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Mideast sovereign funds sell assets as low oil bitesMiddle Eastern sovereign wealth funds liquidated or cancelled investments worth about seven per cent of their total assets last year, according to a study released on Monday by asset manager Invesco, in a sign of pressure from low oil prices. More… |
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Algeria names new energy, finance ministers as low oil bitesAlgerian President Abdelaziz Bouteflika named new energy and finance ministers on Saturday in a cabinet reshuffle, as the Opec member tries to cope with a sharp fall in oil and gas earnings that have placed increasing pressure on its finances. More… |
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Algeria names new energy, finance ministers as low oil bitesAlgerian President Abdelaziz Bouteflika named new energy and finance ministers on Saturday in a cabinet reshuffle, as the Opec member tries to cope with a sharp fall in oil and gas earnings that have placed increasing pressure on its finances. More… |
