The rise of Dubai's red-hot residential real estate market is slowing as government steps to curb speculative buying have an impact and higher prices start to affect demand, consultants JLL said in a report on Sunday.
Egypt's annual core inflation rate, which strips out subsidised goods and volatile items including fruit and vegetables, slowed to 8.86 per cent in May from 9.11 per cent in April, the central bank said on Tuesday.
The rate of infection of a deadly virus in Saudi Arabia has slowed since mid May and Monday was the first day free of new cases in six weeks, figures released by the kingdom's Health Ministry showed.
Political unrest has hurt Tunisia's growth outlook but it will stay committed to cutting the state budget deficit next year, while relying on foreign aid to fill a large external financing gap, Prime Minister Ali Larayedh told Reuters.
Qatar expects its economic growth will slow to 4.5 per cent in 2013, the weakest rate in a decade, but plans to continue heavy investment in its non-hydrocarbon sector, the state planning authority said yesterday.
The Opec member's oil
China's inflation rate slowed sharply in February and factory output eased, data showed yesterday, adding to evidence of a slowdown in the economy and giving Beijing more room to relax credit limits.
The figures from the National Bureau of
The economic growth in Qatar will slow to 9.8 per cent in 2012 as a result of the final completion of liquefied natural gas (LNG) expansion and associated gas to liquids (GTLs) projects, according to a report by International Bank of Qatar (
Abu Dhabi's annual inflation rate slowed to one per cent in September as housing and transport prices in the emirate edged lower, data showed on Saturday.
Inflation had been edging higher over the past year in the emirate, which a
Economic growth in key Gulf states will slow markedly next year because of a sluggish global economy but remain well above recessionary levels, a Reuters poll showed on Wednesday.
Gross domestic product in Saudi Arabia, the largest Arab ec
Inflation in the UAE eased to an 18-month low of 0.6 per cent year-on-year in August and prices edged down slightly from the previous month helped by a fall in housing costs, data showed on Saturday.
Annual inflation in the world's No.