Friday 26 December 2014
 
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non-oil

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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Qatar's GDP grows 6.3pc, owing to non-oil expansions

Qatar’s gross domestic product (GDP) grew 6.3 per cent, as a result of expansions in the non-oil and financial services sector, according to a report. The country’s investment policies are strictly in line with the cou

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Saudi non-oil sector posts big growth; UAE slumps

Non-oil private business activity in Saudi Arabia grew at the fastest pace in over three years last month, buoyed by strong expansions in new orders and employment, while the UAE’s business activity growth in the non-oil segment  fell

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Non-oil sector drives Kuwait’s GDP to $175bn

Kuwait’s non-oil sector grew a strong 10.6 per cent in 2013, driving the country’s nominal GDP to KD49.8 billion ($175.4 billion), a growth of 2.3 per cent over the previous year, according to national accounts data. T

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Saudi non-oil exports down 5pc in May

Saudi Arabia's imports fell an annual 5 per cent in May, the seventh drop in a row, while non-oil exports dropped 5.1 per cent, their first fall since March 2013, data from the Central Department of Statistics and Information showed on Wedne

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Saudi non-oil business activity at 5-month high

Growth in Saudi Arabia's non-oil business activity rose to a five-month high in June, bolstered by strong growth in output and new orders, a survey showed on Thursday. The seasonally adjusted SABB HSBC Saudi Arabia Purchasing

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Non-oil sector to spearhead Bahrain growth

The pattern of growth in the kingdom looks likely to shift significantly this year, according to the Economic Development Board (EDB). In its latest economic quarterly report, the EDB said the relative stability of the hydrocarbon

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Bahrain’s non-oil sector growth likely to hit 4.4pc

While Bahrain’s real GDP growth reached 5.3 per cent last year, the rate of growth of the non-oil economy is expected to accelerate from 3 per cent last year to roughly 4.4 per cent this year, a report said. The relative sta

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