Sunday 31 August 2014
 
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economies

Bahrain 'ranks high on innovation index'

Bahrain has achieved a high regional ranking in innovation.   The 2014 Global Innovation Index (GII) ranked the country fourth among 14 economies in the Middle East and North

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G20 mulls cutting debt to below 90pc of GDP

  Financial leaders of the world's 20 biggest economies will consider next week in Washington a proposal to cut their public debt over the longer term to well below 90 percent of gross domestic product, a document prepared fo

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Cbanks ready to combat Greek storm

Central banks from major economies stand ready to take steps, including coordinated action, to stabilise markets as world economies prepare for a possible financial storm or public panic after cliffhanger elections in Greece this weekend.

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Wedding industry ‘poised for growth’

The regional wedding industry is poised for sustained growth, courtesy surging economies and a young and fast-growing population, said top industry professionals at the Perfect Wedding Show, which opened yesterday (March 7) in Sharjah. Cit

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Wedding industry ‘poised for growth’

The regional wedding industry is poised for sustained growth, courtesy surging economies and a young and fast-growing population, said top industry professionals at the Perfect Wedding Show, which opened yesterday (March 7) in Sharjah. Cit

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Gulf cbanks warned on loose fiscal policy

The loose fiscal policy employed by Gulf central banks and the ramping up of social spending by their governments could store up trouble for the future, in the form of inflation or asset bubbles, say some economists. The International Mone

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Gulf 'better prepared for new crisis'

Meeting early this month, Gulf finance ministers insisted their economies could cope comfortably with the looming global slump. During the world's last economic crisis, their optimism proved mistaken -- but this time, they are on firmer gr

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Major economies losing growth momentum

Major economies, with the exception of the United States, are losing momentum as the outlook for growth worsens in European and developing countries, the OECD's leading indicator for April showed on Tuesday. The Paris-based Organisatio

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Leading economies to aid 'new Middle East'

Finance ministers from the United States, Europe and other leading economies said they were prepared to back assistance to Arab nations that would support good governance and broad-based economic growth. The joint statement, issued by the

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Gulf economies show resilience

Most of the Gulf economies have shown remarkable resilience and dynamism, which has contributed to a healthy trend of growth and eased significantly the struggle of finding ways to diversify the economy. That was the message from Industry

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