Wednesday 18 January 2017
 
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GDP

GCC real GDP growth to stay weak this year: Moody's

The real GDP growth in the GCC in 2017-18 is likely to remain weak by historical standards with an average of 1.6 per cent and ranging from 0.7 per cent for Saudi Arabia to 3.3 per cent for Qatar, a Moody's report said. The ne

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GCC real GDP growth to stay weak this year: Moody's

The real GDP growth in the GCC in 2017-18 is likely to remain weak by historical standards with an average of 1.6 per cent and ranging from 0.7 per cent for Saudi Arabia to 3.3 per cent for Qatar, a Moody's report said. The ne

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Saudi GDP growth outpaces forecasts

Saudi Arabia's gross domestic product (GDP) expanded 1.4 per cent year-on-year in 2016, higher than the IMF forecast of 1.2 per cent, said a report quoting the kingdom's budget document. GDP growth is expected to accelerat

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Non-oil sector ‘helping Bahrain hold growth’

Bahrain’s real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil economy, a report said, adding that growth will pick up in 2017 on a potential recovery in oil prices and as the non-oil sector gathers momentum.

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Non-oil sector ‘helping Bahrain hold growth’

Bahrain’s real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil economy, a report said, adding that growth will pick up in 2017 on a potential recovery in oil prices and as the non-oil sector gathers momentum.

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Bahrain’s economic growth ‘to stay firm’

Bahrain’s GDP growth should hold up this year staying unchanged from 2.9 per cent last year, thanks to GCC support and higher oil production, our sister publication the Gulf Daily News quoted an ICAEW report as saying.

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IMF warns on record $152 trillion global debt

Global debt, currently at an all-time high of $152 trillion, could thwart the fragile economic recovery, the IMF warned on Wednesday, highlighting that reducing debt significantly will require fiscal policies that support economic activity.

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Structural reforms needed to spur Mena economy: OECD

Mena countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD Secretary-General said.

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Iran economic growth ‘substantial’ in 2016-17: IMF

Economic conditions in Iran are improving substantially in 2016-17, said the International Monetary Fund (IMF) in a concluding statement of its staff visit to the Islamic Republic. Real GDP rebounded strongly over the first half o

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Saudi records 1.4pc GDP growth

Saudi Arabia’s gross domestic product, adjusted for inflation, rose 1.4 percent from a year earlier in the second quarter of 2016, a report said. It was the slowest growth since the 0.3 percent recorded in the first quarter

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