Monday 31 August 2015
 
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Private sector

New Dubai law backs public-private tie-ups

Dubai has passed a new law to boost public-private partnerships in a bid to encourage the private sector to participate in development projects, and increase investment, a report said. The law aims to reduce the financing demands

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Egypt’s non-oil production contracts in July

Business activity in Egypt's non-oil private sector shrank in July, with modest declines in output, new orders and employment, a survey showed. The Emirates NBD Egypt Purchasing Managers' Index (PMI) dipped to 49.2 in July

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Egypt’s non-oil production contracts in July

Business activity in Egypt's non-oil private sector shrank in July, with modest declines in output, new orders and employment, a survey showed. The Emirates NBD Egypt Purchasing Managers' Index (PMI) dipped to 49.2 in July

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Saudi, UAE non-oil rebound from record lows

Business activity growth in Saudi Arabia's non-oil private sector rose in July after hitting a record low in June, while the same in the UAE rebounded during the month from a 22-month low, a survey of businesses showed on Tuesday.

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Saudi private sector eyed for $186bn power spend

Saudi Arabia’s private sector is expected to contribute a large percentage of the SR700-billion ($186.5 billion) investment needed in the next 10 years by the kingdom’s electricity sector, said a top official. The coun

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Saudi private sector eyed for $186bn power spend

Saudi Arabia’s private sector is expected to contribute a large percentage of the SR700-billion ($186.5 billion) investment needed in the next 10 years by the kingdom’s electricity sector, said a top official. The coun

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Emirati talent focus for Dubai career expo

Careers UAE 2015, the UAE’s leading hiring exhibition for Emirati nationals, will highlight challenges faced by recruiters and when attracting and retaining top UAE talent in the private sector. The topic will come under dis

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Saudi private sector cautious in response to Royal Bonus

Very few private sector firms in Saudi Arabia have plans to follow a recent Royal initiative and pay Saudi nationals a special bonus, according to a new survey conducted by Mercer, a global human resources and investments consultancy.  

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Private sector job creation ‘critical for GCC growth’

Private sector job creation and maintaining an inclusive labour market are crucial to achieve long term fiscal sustainability in the GCC countries, a report said. Fiscal pressures on GCC economies are mounting with dropping oil pr

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Saudi economic growth forecast to hit 4.6pc

Saudi Arabia's economy is likely to grow 4.6 percent this year, more than previously estimated, helped by a robust performance of the private sector, the International Monetary Fund said. "Private sector growth is expecte

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