Saturday 19 April 2014
 
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Nonoil

Egypt business activity shrinks in March

Business activity in Egypt slowed marginally in March after stagnating the previous month, according to a poll released on Thursday - a sign the economy remains fragile after years of political and economic turmoil. The HSBC Egypt

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Dubai's non-oil trade with Iran shrinks 12pc in H1

Dubai's non-oil trade with Iran shrank 12 per cent in the first half of 2013, a sign that Western sanctions continue to inflict fresh damage on the Iranian economy, data showed on Thursday.

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Dubai H1 non-oil trade surges 16pc y/y

Dubai's non-oil foreign trade jumped 16 per cent to Dh679 billion ($185 billion) in the first half of 2013, helped by rising trade volumes with India, China and the US, the emirate's government said on Tuesday.   &nbs

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Saudi, UAE non-oil business activity at new low

The growth in non-oil, private sector business activity in Saudi Arabia slowed to a five-month low in April as a strong rise in new orders eased, a survey showed on Tuesday. The seasonally adjusted SABB HSBC Saudi Arabia Purchasin

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Saudi, UAE non-oil business activity at new low

The growth in non-oil, private sector business activity in Saudi Arabia slowed to a five-month low in April as a strong rise in new orders eased, a survey showed on Tuesday. The seasonally adjusted SABB HSBC Saudi Arabia Purchasin

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Kuwait non-oil GDP growth seen at 5pc

Kuwait's non-oil GDP is expected to grow at 5 per cent in 2013, after a weak growth in earlier years due to the fallout from the global financial crisis, said a report by National Bank of Kuwait (NBK). The growth in 2011 was a

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Kuwait exports hit $72bn in Jan-Sept 2011

Kuwait’s exports during the first nine months of 2011 stood at KD20.1 billion ($72.2 billion), which is 4.5 per cent higher than the full year figures for 2010, a report said. While hydrocarbon exports reached KD18.8 billion, or 93.6 per c

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Saudi GDP surges 26pc in H1

Saudi Arabia posted strong economic growth in the first half at 26.1 per cent year-on-year in nominal terms thanks to a surge in oil prices, according to a new report by Saudi bank Jadwa Investment. Oil was by far the fastest growing secto

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