Wednesday 28 June 2017
 
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Global halal industry grows 8pc to hit $2.3 trillion

The global halal products and services sector is growing at eight per cent year-on-year to hit $2.3 trillion, higher than the GDP of more than 200 countries in the world, according to recent research.   Of this,

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Kuwait non-oil business to see 4pc growth

Kuwait’s non-oil growth is expected to improve to 3.5-4 per cent in 2017 and 2018, while inflation is also expected to remain in check as pressures from housing rent ease, and despite some upward pressures from subsidy cuts, a report said.

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Kuwait non-oil business to see 4pc growth

Kuwait’s non-oil growth is expected to improve to 3.5-4 per cent in 2017 and 2018, while inflation is also expected to remain in check as pressures from housing rent ease, and despite some upward pressures from subsidy cuts, a report said.

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Saudi targets bigger private sector role in GDP

Saudi Arabia is targeting to increase the private sector’s contribution to GDP from 40 per cent to 65 per cent as part of the kingdom’s Vision 2030 plan, said a top official. This will be achieved through increasing th

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Saudi targets bigger private sector role in GDP

Saudi Arabia is targeting to increase the private sector’s contribution to GDP from 40 per cent to 65 per cent as part of the kingdom’s Vision 2030 plan, said a top official. This will be achieved through increasing th

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Saudi Vision 2030 ‘could attract up to $1trn in FDI’

Saudi Vision 2030, which outlines the kingdom’s ambitious transformation plans, has the potential to attract up to $1 trillion in inward foreign direct investment (FDI) over the next 15 years, according to experts. Saudi Vis

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Bahrain's credit rating ‘backed by wealth values’

Bahrain's Ba2 credit rating with a negative outlook is supported by the country's high wealth levels, a diversified economy and the positive net international investment position, Moody's Investors Service said in a report.

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China’s GDP up 6.9pc in Q1

Improvements in China’s industrial production, investment and exports during the first quarter of 2017  helped boost its gross domestic product (GDP) growth to 6.9 per cent year-on-year, according to recent data. The Na

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Global economic growth seen at 2.8pc this year

Buoyed by a strong US economy, as well as improving outlooks for many emerging market economies, world economic growth is forecast to increase 2.8 per cent in 2017, compared to 2.5 per cent in 2016, a report said. However, substan

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Non-oil sector accounts for 69.5pc of Abu Dhabi GDP

Non-oil businesses account for 69.5 per cent of Abu Dhabi GDP as per the current prices during the last quarter of 2016, while oil businesses represent 30.5 per cent, said the director-general of Abu Dhabi Statistics Centre (ADSC).

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