Thursday 28 March 2024
 
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Non-oil sector

Saudi Arabia non-oil sector sees sharp upturn

November data signalled a strong upturn in the Saudi Arabia non-oil private sector with steep output and new order expansions contributing to the latest positive result, said Emirates NBD in its latest Saudi Arabia PMI report. For

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Egypt’s non-oil sector stabilises in July

The downturn in the overall health of Egypt’s non-oil private sector eased in July with new orders stabilising during the month, thereby ending a 21-month sequence of decline, said the latest Emirates NBD PMI survey. Output

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Kuwait non-oil sector resilient, eyes 5pc growth

The non-oil private sector growth in Kuwait this year remained resilient despite pressure from lower oil prices, said a report. The growth is set to pick up pace and is poised to hit 4 to 5 per cent in 2016 and 2017, according to

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Kuwait non-oil sector resilient, eyes 5pc growth

The non-oil private sector growth in Kuwait this year remained resilient despite pressure from lower oil prices, said a report. The growth is set to pick up pace and is poised to hit 4 to 5 per cent in 2016 and 2017, according to

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Oman's non-oil sector posts steady growth

The non-oil sector in Oman grew steadily by an average of 10.33 per cent annually over the 2010-2013 period mainly driven by the expansion under way in the sultanate's tourism industry, said an

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Oman's non-oil sector posts steady growth

The non-oil sector in Oman grew steadily by an average of 10.33 per cent annually over the 2010-2013 period mainly driven by the expansion under way in the sultanate's tourism industry, said an

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Abu Dhabi to focus on non-oil growth

Abu Dhabi is pressing ahead with its efforts to promote the non-oil sector in the Emirate, which grew by nine per cent last year, said the director general of the Industrial Development Bureau (IDB) at a conference in the UAE capital.

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UAE non-oil business hits record high, Saudi slows down

Business activity growth in the UAE’s non-oil private sector rose to a record high in October, helped by sharp gains in new orders and output, while the same in Saudi Arabia slowed over competitive pressures, a survey said.

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GCC economy set to grow 4.5pc in 2014-15: IMF

The GCC economies have been amongst the best performing in the world in recent years, and are expected to grow 4.5 per cent in 2014-15, said Christine Lagarde, managing director of the International Monetary Fund (IMF). “Par

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Saudi logs big growth in non-oil, 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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