Tuesday 23 January 2018
 
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GDP

Oman looks to logistics sector to strengthen GDP

Oman’s rapidly developing logistics sector is being positioned as the biggest contributor to the country’s gross domestic product (GDP) after hydrocarbons, the nation’s long-standing economic mainstay, said a senior Omani gover

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Bahrain GDP surges 3.6 per cent in Q3 2017

Bahrain recorded an annual real GDP growth rate of 3.6 per cent and nominal GDP annual growth rate of 6.9 per cent during the third quarter (Q3) of 2017 compared to the same period the previous year, said the Information & eGovernment Author

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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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Saudi Arabia announces dependent fee structure

Foreign workers in Saudi Arabia’s private sector will have to pay fees for every dependent or companion, a report said. The directorate, known as Jawazat among expats, has posted a tweet on its official Twitter account stati

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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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Dubai's GDP grows 2.9pc in 2016 despite low oil

The economy of Dubai in 2016 continued to perform well at the macro level with real GDP (gross domestic product) growing at 2.9 per cent, according to a report.    Dubai was able to achieve growth rates that

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Dubai's GDP grows 2.9pc in 2016 despite low oil

The economy of Dubai in 2016 continued to perform well at the macro level with real GDP (gross domestic product) growing at 2.9 per cent, according to a report.    Dubai was able to achieve growth rates that

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Saudi govt spending to back GDP growth: Moody’s

The increased government spending in Saudi Arabia’s SR978 billion ($261 billion) budget for 2018 will support GDP growth in 2018, following a contraction in the economy in 2017, said Moody’s Investor Service in a new report.

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Mining sector 'to contribute $64bn to Saudi GDP by 2030'

Saudi Arabia’s mining strategy is expected to nearly quadruple the mining sector’s contribution to the GPD by 2030, from $17 billion to $64 billion, a report said. At the same time, Saudi Vision 2030 is set to create 2

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