Sunday 4 December 2016
 
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Diversification

Mideast growth seen beyond oil and gas sector

The Middle East is well placed to diversify its economy away from oil and gas, with growth potential in numerous sectors such as solar power, tourism, finance, according to a new report by UBS, the world's largest global wealth manager.

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Bahrain's diversification strategy 'key to its growth'

Bahrain’s commitment to diversifying its economy had been instrumental in helping the country weather the storm of falling oil prices, according to a report by global publishing, research and consultancy firm Oxford Business Group (OBG).

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GE’s new start-up to scale up energy efficiency in ME

GE is strengthening operations of its new energy start-up 'Current, powered by GE' in the Middle East region with the goal of supporting its partners to scale up energy efficiency and diversifying the energy mix.  

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GE’s new start-up to scale up energy efficiency in ME

GE is strengthening operations of its new energy start-up 'Current, powered by GE' in the Middle East region with the goal of supporting its partners to scale up energy efficiency and diversifying the energy mix.  

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UAE diversification programme 'will continue'

Despite the prevailing economic challenges, the UAE will continue with its long-term diversification plan, according to Khaldoon Al Mubarak, Mubadala’s managing director and group chief executive officer. Speaking at the Glo

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Nakheel profit up 19pc; hits $1.19 billion

Dubai-based Nakheel, one of the world’s leading developers, today reported a net profit of Dh4.38 billion ($1.19 billion) for the financial year ending December 31, 2015, representing a 19 per cent increase on last year’s net profit

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Subsidy reforms ‘key to beat govt cash crunch’

Subsidy reform and further diversification are the most critical elements in overcoming the current squeeze on government revenues resulting from a sustained period of lower oil prices, according to experts. Energy and financial s

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UAE growth seen at 3.9pc this year

The UAE’s gross domestic product (GDP) growth in 2015 is expected to reach 3.9 per cent thanks to more established diversification efforts, while many Middle East states will see lower growth caused by the plunging oil price, according to

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Non-oil diversification ‘crucial for Mideast’

The growing importance of non-oil diversification for Middle East economies has been highlighted by a regional consultancy as the Indian economy continues to strengthen. The tender cost update for the Middle East and Indian markets by Mace Cos

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Non-oil diversification ‘crucial for Mideast’

The growing importance of non-oil diversification for Middle East economies has been highlighted by a regional consultancy as the Indian economy continues to strengthen. The tender cost update for the Middle East and Indian markets by Mace Cos

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