Sunday 19 April 2015
 
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GDP

Arab economies set to register growth of 3pc

Arab economies are expected to see gross domestic product (GDP) growth of three per cent this year, according to a new report. The first edition of the Arab Monetary Fund (AMF)'s "Arab Economic Outlook" report says t

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Cost of hunger: $2 trillion loss in GDP

A total of 805 million people are chronically undernourished worldwide and hunger and under-nutrition reduce the global GDP by up to 3 per cent, or the equivalent of $2 trillion every year, a report said. The global population is

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V-shaped recovery in oil prices ‘unlikely’

A V-shaped recovery in oil prices is unlikely and Brent will average $52 per barrel in 2015 and $58 per barrel in 2016, a report said. In the past 15 years, the global economy was defined by rising commodity prices, zero interest

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Bahrain Q4 GDP growth eases to 4pc

Bahrain's real gross domestic product (GDP) growth slowed to 4.0 per cent year-on-year in the final quarter of 2014. It is the weakest rate since 3.2 per cent in the first quarter of the year, preliminary data from the Central

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Kuwait growth to slow as govt cuts subsidies

Kuwait’s real gross domestic product (GDP) has been projected to slow this year as the government cuts subsidies before recovering in the next two year as major development projects get underway, according to a report. QNB G

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Egypt to grow 4.5pc, hospitality opportunities on rise

Egypt’s gross domestic product (GDP) is on track to grow four per cent in the fiscal year ending June, with expectation for the next fiscal year estimated in the 4.5 per cent range, according to experts. The growth should ac

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Qatar GDP on robust track over heavy diversification

Qatar’s real GDP growth will accelerate to 7 per cent in 2015, 7.5 per cent in 2016 and 7.9 per cent in 2017 as the government continues investing heavily in the non-hydrocarbon sector despite lower oil prices, a report said.

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Mobile Internet revenues hit $700bn in 13 major economies

Mobile Internet is generating about $700 billion in revenues annually in 13 countries that represent about 70 per cent of global gross domestic product (GDP), the equivalent of $780 per adult, and has created employment for about 3 million peopl

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Saudi GDP growth seen at 2.6pc in 2015

Saudi Arabia’s real gross domestic product  (GDP) is expected to grow by 2.6 per cent in 2015 before dropping to 1.5 per cent next year as the oil prices stay subdued, a report said. Meanwhile, 2017 could see a growth o

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Saudi GDP growth seen at 2.6pc in 2015

Saudi Arabia’s real gross domestic product  (GDP) is expected to grow by 2.6 per cent in 2015 before dropping to 1.5 per cent next year as the oil prices stay subdued, a report said. Meanwhile, 2017 could see a growth o

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