Sunday 22 January 2017
 
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non-oil

Low oil slows Kuwait’s non-oil expansion: IMF

Economic activity in Kuwait’s non-oil sector continued to expand in 2016, albeit at a slower pace, reflecting the impact of lower oil prices, said an IMF report. Non-hydrocarbon growth slowed from 5 per cent to an estimated

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Low oil slows Kuwait’s non-oil expansion: IMF

Economic activity in Kuwait’s non-oil sector continued to expand in 2016, albeit at a slower pace, reflecting the impact of lower oil prices, said an IMF report. Non-hydrocarbon growth slowed from 5 per cent to an estimated

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Dubai forecasts 3.1pc economic growth this year

Dubai is forecasting a higher economic growth of 3.1 per cent during 2017 and plans to provide an economic outlook twice every year in a bid to promote transparency. The emirate’s economy grew by 2.7per cent in 2016 despite

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GCC non-oil growth expected to rise by 3.3pc

The GCC region’s non-oil growth is projected to rise gradually from 2.5 per cent this year to 3.3 per cent by 2018, as the economies gradually digest the ongoing reforms, according to a regional economic outlook released by the National Ba

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Iran non-oil goods exports cross $31bn

Iran exported non-oil goods valued at over $31 billion in the nine months to December 20, according to official customs data. Iran Customs Administration gave the exact value of non-oil exports in the nine-month period at $31.593

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Bahrain origin goods export up 10pc to $379m

The value of national origin products exported from Bahrain was BD143 million ($379 million) last month, as compared to BD130 million in October, marking a month-on-month increase of 10 per cent, a report said. Eighty-seven per ce

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Bahrain origin goods export up 10pc to $379m

The value of national origin products exported from Bahrain was BD143 million ($379 million) last month, as compared to BD130 million in October, marking a month-on-month increase of 10 per cent, a report said. Eighty-seven per ce

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Non-oil sector ‘helping Bahrain hold growth’

Bahrain’s real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil economy, a report said, adding that growth will pick up in 2017 on a potential recovery in oil prices and as the non-oil sector gathers momentum.

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Non-oil sector ‘helping Bahrain hold growth’

Bahrain’s real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil economy, a report said, adding that growth will pick up in 2017 on a potential recovery in oil prices and as the non-oil sector gathers momentum.

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Saudi non-oil sector rebounds from October low

Saudi Arabian non-oil private sector growth rebounded in November, following a back-to-back slowdown in September and October, a report said. Output, new orders, purchasing activity and input stocks all rose sharply and at faster

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