Tuesday 30 June 2015
 
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non-oil

Non-oil to drive Mideast economies to 5pc growth

Middle Eastern economies are anticipated to witness around five per cent growth this year due to the gradual shift in investment to non-oil sectors, a report said. However, implementing pragmatic macroeconomic policies to stabilis

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Non-oil to drive ME economies to 5pc growth

Middle Eastern economies are anticipated to witness around five per cent growth this year due to the gradual shift in investment to non-oil sectors, a report said. However, implementing pragmatic macroeconomic policies to stabilis

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Saudi non-oil business activity hits 12-month low

Growth in Saudi Arabia's non-oil private sector slowed to a 12-month low in May as expansion of both output and new orders slackened, a survey of businesses showed on Wednesday. However, the non-oil business activity growth in the n

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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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Spending boosts Saudi non-oil business growth

Growth in Saudi Arabia's non-oil private sector accelerated to a four-month high in February as lavish handouts to citizens by the new king buoyed the economy despite the plunge in oil prices, a survey of businesses showed on Tuesday.

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Spending boosts Saudi non-oil business growth

Growth in Saudi Arabia's non-oil private sector accelerated to a four-month high in February as lavish handouts to citizens by the new king buoyed the economy despite the plunge in oil prices, a survey of businesses showed on Tuesday.

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Saudi GDP improves in 2014 over oil sector growth

Saudi Arabia’s real GDP growth improved in 2014 as oil sector growth was higher than expected, while the non-oil sector continued its healthy expansion, a report said. November data showed a rebound in consumer spending comp

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Kuwait to maintain 6pc non-oil growth for 2 years

Kuwait’s non-oil growth, which accelerated notably in 2013, is expected to maintain its momentum, remaining around 5-6 per cent in the coming two years as government development projects keep their robust pace, a report said.

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UAE’s non-oil sector records marked business improvement

The UAE’s non-oil private sector economy has continued to record a marked improvement in business conditions mid-way through the final quarter of the year, according to SABB/HSBC survey data. The SABB/HSBC Emerging Markets I

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Saudi non-oil business activity hits 6-month low

Growth in Saudi Arabia's non-oil private sector slowed to a six-month low in November as output and new orders softened, but activity remained robust overall, a survey of companies showed on Thursday. The seasonally adjusted S

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