Friday 20 October 2017
 
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GDP

Abu Dhabi's GDP set to hit $231bn in 2017

Standard & Poor’s has forecast Abu Dhabi GDP to rise to Dh850 billion ($231.3 billion) and Dh890 billion ($242 billion) at current prices in 2017 and 2018 respectively, attributing the growth to the momentum witnessed by the oil and no

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Saudi Arabia records 2pc non-oil growth: report

Saudi Arabia’s non-oil growth has picked up in July and August, recording a 2 per cent year-on-year growth, according to Bloomberg Intelligence Economics’ new monthly series of Saudi GDP. Created by Ziad Daoud, Middle East E

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Saudi Arabia records 2pc non-oil growth: report

Saudi Arabia’s non-oil growth has picked up in July and August, recording a 2 per cent year-on-year growth, according to Bloomberg Intelligence Economics’ new monthly series of Saudi GDP. Created by Ziad Daoud, Middle East E

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Middle East GDP on track to hit 4 per cent growth

The overall GDP in the Middle East is expected to grow by 2.4 per cent next year and rising to 4 per cent in 2019, says a new report, noting that any extension of Opec’s production cut deal, which ends on March 31, could delay the recovery

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Abu Dhabi industrial licences value tops $20bn

The growth rate of the industrial sector in the gross domestic product (GDP) of Abu Dhabi, UAE amounted to 3.6 per cent in 2016, while the rate of cumulative growth of transformational industries in the GDP was 4.8 per cent from 2013 to 2016, a

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Bahrain fiscal deficit set to fall this year: IMF

Bahrain's fiscal deficit is projected to improve to 12.2 per cent of GDP in 2017, from 18 per cent last year, owing to higher oil prices and continued reduction in spending, an IMF statement said. However, the real GDP growth

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Qatar economy growth slowest since 1995: report

Qatar’s economy will grow this year at the slowest pace since 1995, according to international economists, as the impact of the Arab boycott is felt on trade and investor confidence, a report said. Gross domestic product wil

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Why GCC will find it hard to diversify from hydrocarbons

The GCC economies' high concentration and dependence on the hydrocarbon sector, which averaged about 30 per cent of GDP and 60 per cent of total exports over 2015-2016 could become a credit negative factor when not offset by substantial fina

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Barzan project to raise Qatar gas production

Qatar’s oil and gas sectors, suffering from the fall in energy prices, should help support growth in 2017 with the start of production at the Barzan facility, which would increase liquid gas production by 21 per cent, a report said.

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Barzan project to raise Qatar gas production

Qatar’s oil and gas sectors, suffering from the fall in energy prices, should help support growth in 2017 with the start of production at the Barzan facility, which would increase liquid gas production by 21 per cent, a report said.

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