Ecuador is targeting a 31 per cent increase of its non-oil exports including flowers, banana and other processed food to the UAE.
The total value of the country’s non-oil exports to the UAE has reached $3.65 million as of th
Dubai’s successful bid to host World Expo 2020 will generate about $23 billion of output (25 per cent of the emirate’s current GDP) between 2015 and 2021, a report said.
Dubai’s real non-oil growth rate is curren
Bahrain's gross domestic product (GDP) grew by 4.2 per cent in the in the first quarter of this year, bolstered by the return of Abu Sa'afa oilfield to full capacity after unscheduled maintenance last year, a report said.
Overall operating conditions in Saudi Arabia’s non-oil private sector improved in July with increased output, but the rate of expansion decelerated for the third month running, a report said.
Nevertheless, the overall expans
Egypt is in the early stages of an export boom, suggesting its economy could begin to recover in the next few months if a minimum level of political stability is restored.
Helped by a falling Egyptian pound, non-oil exports have g
Saudi Arabia’s non-oil GDP growth, which achieved break-neck rates of eight per cent per year between 2005 and 2012, is expected to moderate to six per cent during 2013, a report said.
The Saudi economy has grown at a much h
The start-up of large projects in Kuwait’s power and transport sectors during the second half of 2013 will feed through to stronger growth in the non-oil economy, which is expected to rise from 4.5 per cent this year to 5 per cent in 2014.
Growth in non-oil, private sector business in Saudi Arabia slowed for a third straight month in June to a 21-month low, but the index remained well above the 50-point mark separating expansion from contraction, a survey showed on Tuesday.
Saudi non-oil private sector has registered solid improvement in its business activity in May with companies reporting a surge in new export orders, said a report.
The Saudi Arabia purchasing managers’ index (PMI) compiled b
While the UAE's non-oil producing private sector reported the fastest rise in employment levels in two years and a further boost in output levels during April, the rate of increase in new orders eased to the slowest in a year, a report said.