Thursday 18 October 2018
 
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economy

IMF cuts growth forecasts amid US-China trade tensions

The International Monetary Fund (IMF) cuts its global growth forecasts as trade tensions between the US and trading partners have started to hurt economic activity worldwide, reported CNBC. The global economy is now expected to gr

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GCC Economic Forum in Riyadh from Oct 21

Senior government officials, businessmen and leaders from economic sectors will take part in the second Gulf Economic Forum in Riyadh from October 21 and 22 in Riyadh.   The forum is held under the patronage of t

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Saudi growth seen at over 2pc; outlook stable

Saudi Arabia's economic growth is expected to be stable, averaging just over 2 per cent per year over 2019-2021, according to a new report from S&P Global Ratings.   The agency has affirmed its 'A-/A-

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Air transport supports 65.5m jobs, $2.7tr in economic activity

The global air transport sector supports 65.5 million jobs and $2.7 trillion in global economic activity, according to new research released today by the Air Transport Action Group (ATAG). The report, Aviation: Benefits Beyond Bor

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Abu Dhabi's 2017 GDP soars to $227bn at current prices

The economy of Abu Dhabi continued to perform well in 2017 with its GDP estimates at current prices surging to Dh832.5 billion ($227 billion) compared to Dh760.4 billion ($207.2 billion) the previous year, reported state news agency Wam, citing

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Abu Dhabi's 2017 GDP soars to $227bn at current prices

The economy of Abu Dhabi continued to perform well in 2017 with its GDP estimates at current prices surging to Dh832.5 billion ($227 billion) compared to Dh760.4 billion ($207.2 billion) the previous year, reported state news agency Wam, citing

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Saudi oil revenues set to hit $161bn: report

Saudi Arabia's oil revenue is expected to reach SR605 billion ($161.36 billion) against budgeted SR492 billion this year as the kingdom witnesses a continuous improvement in the economy, an Al-Rajhi Capital research report said. 

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Saudi oil revenues set to hit $161bn: report

Saudi Arabia's oil revenue is expected to reach SR605 billion ($161.36 billion) against budgeted SR492 billion this year as the kingdom witnesses a continuous improvement in the economy, an Al-Rajhi Capital research report said. 

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Saudi Arabia non-oil growth to hit 2.3pc this year

Saudi Arabia’s real GDP growth is expected to increase to 1.9 per cent in 2018, with non-oil growth strengthening to 2.3 per cent as reforms take hold and oil output increases, said the International Monetary Fund (IMF) in a new report.

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Etihad expands range of 'buy on board' products

Etihad Airways has introduced additional food and beverage items to its recently launched menu of Buy on Board products to provide more choice for guests in Economy Class and further enhance their travel experience. New snack opti

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