Saturday 25 November 2017
 
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economy

Project spending to support Bahrain’s non-oil growth

Bahrain’s non-oil growth will be steady at three to four per cent per year thanks to elevated investment spending, particularly benefitting the construction sector, said the National Bank of Kuwait (NBK) in its latest Economic Update.

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Saudi economic activity picking up: Al Rajhi

Rising banking sector profits and increase in POS transactions along with a rise in non-oil exports indicate economic activity in Saudi Arabia is picking up, a report said. However, private sector credit declined in September whil

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Mena growth to top 3pc in next two years: World Bank

Despite a growth slowdown in 2017 at 2.1 percent, economic prospects in the Middle East and North Africa (Mena) region is projected to improve in 2018 and 2019 with growth exceeding 3 percent, according to the new World Bank report.

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Mena IPOs raise $788m in first six months

Activity in initial public offerings (IPOs) across the Middle East and North Africa (Mena) region witnessed a 100 per cent increase in the first half registering 16 deals, thanks to the stable fuel prices and confidence boost in global economy

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Mena IPOs raise $788m in first six months

Activity in initial public offerings (IPOs) across the Middle East and North Africa (Mena) region witnessed a 100 per cent increase in the first half registering 16 deals, thanks to the stable fuel prices and confidence boost in global economy

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Global economic growth to forecast to hit 3.5pc

The global economy started 2017 strong with real GDP growth gaining momentum and rising to 3.6 per cent in Q1 2017 and  the previous uncertainty surrounding the global growth forecast receded since May 2017, says a Euromonitor Internation

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Egypt benefits from strong reform momentum: Moody's

Egypt's credit profile (B3 stable) reflects its large and diversified economy and strong reform momentum, set against constraints which include its very weak government finances, Moody's Investors Service said in an annual report today.

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Ireland targets GCC tourist market

Some of Ireland’s top travel providers are heading to Abu Dhabi and Dubai this month aiming to promote the top reasons why GCC residents should take a trip to the island. The Tourism Ireland travel, trade and media events wi

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UAE realty Q1 results 'boost confidence in economy'

The decent gains held by listed UAE property companies during the first half reflect the positive sentiments prevailing in the Emirati realty market and corroborate investors' growing confidence despite global economic headwinds, said a repo

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Bahrain to focus on attracting investors

Bahrain's government is formualting effective policies to develop the kingdom’s economic and investment structure and adapt it to attract more investors, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has said.

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