Friday 11 July 2014
 
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GDP

Qatar GDP growth rebounds to 6.2pc in Q1

Qatar's economic growth rebounded to 6.2 per cent on an annual basis in January-March after a slowdown in the final quarter of 2013 as a double-digit surge in construction activity helped offset a decline in hydrocarbons, data showed on Mond

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Bahrain’s non-oil sector growth likely to hit 4.4pc

While Bahrain’s real GDP growth reached 5.3 per cent last year, the rate of growth of the non-oil economy is expected to accelerate from 3 per cent last year to roughly 4.4 per cent this year, a report said. The relative sta

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Bahrain's FDI heads for $1 billion, up 11pc

Bahrain last year saw foreign direct investment (FDI) of $989 million, an increase of 11 per cent from the 2012 level, outpacing global FDI flows which rose by 9 per cent, a report said. The United Nations Conference on Trade and

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Can new legislation boost SME growth in the UAE?

The recent approval by Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, of Federal Law No 2 of 2014 for Small and Medium-sized Enterprises (SME) is viewed by many as a positive step towards stimulation of the SME sector in the UAE.

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Bahrain reins in spending; deficit below projection

Bahrain's state budget deficit nearly doubled to BD410 million ($1.1 billion) in 2013 but was only a fraction of the original projection as spending rose at its slowest rate since 2009, finance ministry data showed on Monday.

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Oman to lead Mideast tourism growth in 2014

Oman will lead the Middle East in the travel and tourism sector in 2014 with a 10.2 per cent growth amounting to RO1.08 billion ($2.8 billion) over the 2013 figures of RO982.8 million, a report said. The country is well-positioned

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Bahrain ranks 15th in per capita GDP

Bahrain ranks 15th worldwide in per capita gross domestic product (GDP) at $43.36, according to the International Comparison Programme report issued by World Bank. Qatar ranks first globally with GDP per capita reaching $146.521,

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OECD accounts for less than 50pc of global GDP

The Organisation of Economic Co-operation and Development (OECD) countries accounted for around 50 per cent of the world’s gross domestic product (GDP) expressed in Purchasing Power Parities (PPPs) in 2011 - the latest benchmark year - com

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Qatar, Kuwait among world's richest nations

Qatar and Kuwait are among the the richest countries, or those with the highest gross domestic product (GDP) per capita on a purchasing power parity basis, in the world, according to a World Bank ranking. Switzerland and Norway ar

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Robust growth across GCC forecast

Economic growth remains robust across the Gulf Cooperation Council (GCC) states with Qatar’s economy being predicted to grow by 6 per cent, EY’s latest Rapid-Growth Markets (RGM) Forecast said. The report said Saudi Ar

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