Thursday 24 April 2014
 
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Economic Growth

Tunisia cuts 2014 growth forecast to 2.8pc

Tunisia's government has cut its economic growth forecast to 2.8 percent for this year, which is in line with the IMF's forecast, Finance Minister Hakim Ben Hamouda said on Monday after meeting with a delegation from the International Mo

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UAE economy grows 4pc in 2013

Economic growth in the UAE accelerated to 4 per cent in 2013 boosted by a solid performance from non-oil sectors mainly tourism, industry, finance and trade, said the country's economy minister. Sultan Bin Saeed Al Mansoori ha

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Tunisia trims 2014 growth forecast to 3.8pc

Tunisia's economy will expand less quickly than hoped this year, the central bank said on Thursday, cutting its growth forecast to 3.8 percent from 4 percent. The economy grew by 3 percent last year. The bank did not say why i

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Gold dips on stronger equities

Gold eased for a second session on Wednesday as equities inched higher on optimism over US economic growth, curbing bullion's safe-haven appeal. Prices were hurt by data showing the US trade deficit fell to a four-year low in

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Saudi economic growth picks up in Q3

Saudi Arabia's economy expanded at an annual rate of 3.1 per cent in the third quarter, only half as fast as it grew a year ago, according to data released on Wednesday. The annual inflation-adjusted growth rate slowed to 2.1 per ce

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Developed world to lead economic growth boost

An acceleration in global economic growth is expected in 2014, supported by aggressive easy monetary policies in most developed countries, according to Richard Hoey, BNY Mellon's chief economist.   Global GDP growth shoul

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Oil production to drive Bahrain’s growth to 5.6pc

Bahrain's economic growth rate will reach 5.6 per cent this year, driven largely by the expected normalisation in oil production from the Abu Sa'afa offshore oilfield, as well as planned expansion in the onshore Bahrain Field production.

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Saudi Q1 real GDP growth slows to 2.1pc

Growth in Saudi Arabia's gross domestic product, adjusted for inflation, slowed to 2.13 percent in the first quarter of 2013 from 6.5 percent a year ago, data from the Central Department of Statistics showed on Sunday. The hea

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Bahrain economic growth accelerates strongly in Q1

Bahrain's economic growth accelerated strongly in the first quarter of 2013, helped by a revival of oil output, official data showed on Sunday. Gross domestic product, adjusted for inflation, expanded 2.5 percent quarter-on-qu

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Turkey's IMF emancipation deserves cautious cheer

The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Turkey is finally standing on its own two feet. That's the message Ankara is sending to international investors with the payment thi

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