Tuesday 11 December 2018
 
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NBK

Kuwait consumer spending eases to 6.5pc in July

Softer demand for durable goods and services caused Kuwait’s consumer spending index to ease to 6.5 per cent year-on-year (y/y) in July, despite recording a strong rise in month-on-month terms, said the National Bank of Kuwait (NBK) in its

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Kuwait consumer spending rebounds in June: NBK

Kuwait’s consumer spending index increased 8.5 per cent year-on-year (y/y) in June, supported by a pickup in the consumption of durables and non-durables, said the National Bank of Kuwait (NBK) in its latest Economic Update.

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Bahrain non-oil growth to hit 4.6pc over 2018-19: NBK

Bahrain’s non-oil growth is expected to average 4.6 per cent over 2018-19, underpinned by government infrastructure spending on a record $8 billion worth of projects—the kingdom’s largest ever pipeline, said the National Bank o

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Kuwait consumer spending softens in May

While seasonal factors weighed on consumer spending in Kuwait during May, conditions remained strong compared to 2017, with the consumer spending index rising 7.5 per cent year-on-year (y/y), said the National Bank of Kuwait (NBK).

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Qatar non-oil growth likely to slide in 2018: NBK

Qatar’s non-oil growth in 2018 has been downgraded to 3 per cent from 4 per cent before, and is weaker than the 3.5 per cent now expected for 2017, said the National Bank of Kuwait (NBK) in its latest Economic Update. NBK&rs

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UAE non-oil growth to surge to 3.7pc in 2018

A pickup in the pace of preparations, especially in the tourism and construction sectors, for Expo 2020 Dubai will support UAE’s non-oil growth from 3.3 per cent in 2017 to 3.7 per cent next year, said NBK in its latest Economic Update.

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UAE non-oil growth to surge to 3.7pc in 2018

A pickup in the pace of preparations, especially in the tourism and construction sectors, for Expo 2020 Dubai will support UAE’s non-oil growth from 3.3 per cent in 2017 to 3.7 per cent next year, said NBK in its latest Economic Update.

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Kuwait non-oil GDP on track to hit 3.5pc in 2018

Kuwait’s growth in non-oil activity is expected to have improved to 3.0 per cent in 2017,with growth seen accelerating further to 3.5-4 per cent in 2018 and 2019, said the National Bank of Kuwait (NBK) in its latest Economic Update.

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Qatar visitor arrivals plunge 55pc

Visitor arrivals to Qatar plunged 55 per cent between May and June, and were still down 55 per cent year-on-year (y/y) in September, said the National Bank of Kuwait (NBK) in its latest Economic Update. Visitors from the Gulf typi

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Project spending to support Bahrain’s non-oil growth

Bahrain’s non-oil growth will be steady at three to four per cent per year thanks to elevated investment spending, particularly benefitting the construction sector, said the National Bank of Kuwait (NBK) in its latest Economic Update.

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