Saturday 28 March 2015
 
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growth

Women in Gulf 'key to economic growth'

A Saudi Arabian princess has stressed that women in the Gulf were not restricted by traditions and actually played a key role in their country's economic growth. Prominent women's activist Princess Lulwa bint Faisal Al Sau

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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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Fed set for first interest rate hike in 10 years

The Federal Reserve on Wednesday is expected to lay the groundwork for its first interest rate hike in nearly a decade, as it continues to weigh whether the US recovery can hold up against collapsing oil prices and a soaring dollar.

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Payment cards industry in Bahrain registers robust growth

Bahrain's cards and payments industry recorded healthy growth during the period from 2009 to 2013, according to a Research and Markets report. Credit transfers and cheque payments were the preferred payment instruments, having

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Saudi non-oil sector posts robust growth in Feb

The non-oil private sector in Saudi Arabia registered robust growth in February with its output expanding at a faster pace compared to the same period last year, said a report. After accounting for seasonal factors, the headline P

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Drop in shale output 'helped oil rebound'

A drop in shale oil production has triggered a rebound of global oil prices, but prices will not rise sharply as long as the world's economy stays sluggish, Kuwaiti Oil Minister Ali Al-Omair was quoted as saying by state news agency Kuna.

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UAE on solid growth path 'driven by non-oil investments’

The UAE has been on a firm growth trajectory which has enabled the country to consolidate its position as the second largest Arab economy, propelled by non-oil related investments, continued buoyancy in trade and services, and a booming tourism

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UAE on solid growth path 'driven by non-oil investments’

The UAE has been on a firm growth trajectory which has enabled the country to consolidate its position as the second largest Arab economy, propelled by non-oil related investments, continued buoyancy in trade and services, and a booming tourism

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China signals 'new normal' with lower growth target

China announced an economic growth target for 2015 of around 7 per cent on Thursday and said it would boost government spending, signalling that the lowest rate of expansion for a quarter of a century is the "new normal" for the world&

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Saudi Arabia invests over $533bn in industries

Saudi Arabia’s industrial exports is set to grow by two to six per cent during the next five years, with over SR2 trillion ($533 billion) having been invested in industries across the kingdom, according to a report. Speaking

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