Monday 25 July 2016
 
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growth

G20 will use all policy tools to lift growth

The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.

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G20 to bolster defences against Brexit fallout

The world's leading economies will do more to lift global growth and share the benefits more broadly, top policymakers said on Saturday as they sought to deal with fallout from Britain's Brexit vote and counter dissatisfaction with globa

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Global growth forecast revised downward on Brexit

International Monetary Fund Managing Director Christine Lagarde said on Friday Brexit meant the global growth forecast was revised down and that uncertainty from Britain's decision to leave the European Union should be removed as soon as pos

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UAE non-oil growth to hit 4pc medium term

Non-hydrocarbon growth in the UAE is expected to increase by more than 4 per cent over the medium term as the dampening effect of fiscal consolidation is offset by improvements in economic sentiment and financial conditions, the International Mo

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UAE non-oil growth to hit 4pc medium term

Non-hydrocarbon growth in the UAE is expected to increase by more than 4 per cent over the medium term as the dampening effect of fiscal consolidation is offset by improvements in economic sentiment and financial conditions, the International Mo

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ME aviation sector pumps $157.2bn into region's GDP

Aviation is vital to the modern, globalised world, supporting millions of jobs and driving economic growth. The Middle East has seen impressive expansion in its aviation industry in recent years with air transport supporting 2.4 million jobs and

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Makkah hotel supply to grow till 2018

Makkah, one of the holiest cities in Saudi Arabia, is expected to witness a growing hotel supply through 2018, driven in part by a growing demand from affluent religious travellers for world-class service, a new report unveiled. A

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UAE hotels report postive performance in Q1

Hospitality and tourism activity continued to pick up in parts of the Northern Emirates as visitor numbers and occupancy rates recorded y-o-y increases during Q1 2016, said a report. Furthermore, some emirates have shown a strong

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UAE logistics industry set for solid growth

The UAE logistics sector is expected to grow by 4 per cent in 2016, with a compound annual growth rate (CAGR) of 5.7 per cent between 2015 and 2020, a new report has unveiled. According to a recent report by Frost & Sullivan,

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India sees fastest domestic air passenger growth in 2015

India had the fastest domestic passenger growth in 2015 among the world’s largest domestic markets, a new report has revealed. With an annual growth of 18.8 per cent (in a market of 80 million domestic passengers), India&rsq

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