Sunday 24 September 2017
 
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GDP

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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Non-oil sector ‘will claim 80pc of UAE, Saudi GDP’

Non-oil sectors will account for more than 80 per cent of GDP in the UAE and Saudi Arabia by 2025, said a new report, highlighting the steps taken by GCC governments to boost private-sector investments, construct new tourist attractions and expa

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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Saudi Arabia's GDP falls in Q1 amid oil slump

Saudi Arabia’s gross domestic product (GDP) fell by 0.5 per cent in the first quarter compared to an annual rise of 2.2 per cent for the same period last year, pulled down mainly by the drop in oil prices, according to a report.

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