Monday 20 November 2017
 
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non-oil

Project spending to support Bahrain’s non-oil growth

Bahrain’s non-oil growth will be steady at three to four per cent per year thanks to elevated investment spending, particularly benefitting the construction sector, said the National Bank of Kuwait (NBK) in its latest Economic Update.

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UAE non-oil growth to remain resilient this year

Non-oil growth in the United Arab Emirates is estimated to remain resilient in 2017 while Opec-mandated oil production cuts limit oil growth, said the World Bank in its UAE Economic Outlook - October 2017 report. However, in the m

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Dubai non-oil sector sees sharp growth in Sept

Dubai’s non-oil private sector witnessed a sharp improvement in business conditions in September, driven by steep expansions in output and new business, said the latest Emirates NBD Dubai Economy Tracker. However, the rate o

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Saudi Arabia records 2pc non-oil growth: report

Saudi Arabia’s non-oil growth has picked up in July and August, recording a 2 per cent year-on-year growth, according to Bloomberg Intelligence Economics’ new monthly series of Saudi GDP. Created by Ziad Daoud, Middle East E

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Saudi Arabia records 2pc non-oil growth: report

Saudi Arabia’s non-oil growth has picked up in July and August, recording a 2 per cent year-on-year growth, according to Bloomberg Intelligence Economics’ new monthly series of Saudi GDP. Created by Ziad Daoud, Middle East E

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Saudi non-oil sector sees sharp expansion in Sept

Saudi Arabia’s non-oil private sector witnessed sharp expansions in output in September and new orders were key contributors towards the most recent improvement in operating conditions, according to the latest PMI survey from Emirates NBD.

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UAE-US non-oil trade tops $30bn in 2016

Non-oil trade between the UAE and the US increased to more than Dh111.1 billion ($30.3 billion) in 2016, against $27.8 billion in 2015, said Sultan bin Saeed Al Mansouri, UAE Minister of Economy. The figure included free zone trad

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Jafza non-oil foreign trade hits $80bn

Dubai-based Jebel Ali Free Zone (Jafza), a subsidiary of DP World, has consolidated its position as a major trading and logistics hub by growing its non-oil foreign trade by 17 per cent to 27.9 million tonnes in 2016, worth $80.2 billion, from 2

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Oil sector could offset GCC non-oil growth: report

An anticipated non-oil sector growth of 2.6 per cent across the GCC in 2017 will be offset by a further three per cent contraction in the oil-producing sectors, said a report. The acceleration of global trade in the first half of

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Oman’s non-oil exports drop to $6.2bn in 2016

Oman's non-oil exports declined to RO2.4 billion ($6.2 billion) in value in 2016, down from RO3 billion ($7.79 billion) a year earlier, a drop of 20.1 per cent, said a report quoting Central Bank of Oman (CBO) data. The slump

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