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debt crisis

IMF says Saudi economy 'buoyant'

IMF says Saudi economy ‘buoyant’ but growth to slow

In its annual review of the world's top oil producer, the IMF said growth was likely to slow to 6 percent, down from 7.1 percent last year.

May 30, 2012 1:27
 
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Saudi Arabia spending on track, shielded from euro zone crisis

Saudi Arabia will feel only a limited impact from the euro zone debt crisis and will not cut spending even…

May 22, 2012 3:27
 
Dubai Economic Outlook: Let’s keep it real, shall we?

Dubai Economic Outlook: Let’s keep it real, shall we?

Kipp finds government predictions of a growth rate of 4.5 percent just a tad too optimistic. Whatever happened to staying grounded post crisis?

February 15, 2012 4:22
 
IMF’s Lagarde praises Saudi role, no word on aid

IMF’s Lagarde praises Saudi role, no word on aid

In a statement at the end of her trip, Lagarde expressed “the IMF’s appreciation for Saudi Arabia’s important role in…

February 5, 2012 12:57
 

Europe is not seeking UAE help

Speaking as euro zone reforms its bailout fund; UAE c.bank investing in US Treasuries again; Local bank lending growth good given circumstances

November 29, 2011 1:05
 
Diversification falls back as debt crisis takes centre stage

Diversification falls back as debt crisis takes centre stage

Frontier debt traditionally appeals to institutional funds because it provides diversification. But as risk aversion grows and liquidity falls, this is no longer happening, even in the GCC.

November 28, 2011 3:59
 

UAE central bank gov concerned about Euro crisis

The UAE is concerned about the impact of a worsening European sovereign debt crisis but the OPEC member's central bank does not see a need for new liquidity measures for local banks, its head said on Tuesday.

November 15, 2011 11:48
 
Qatar buys Greek giants at a steal

Qatar buys Greek giants at a steal

Between its foray into Greek banking, construction and mining, Qatar is on the verge of getting Greece in its pockets. Una Galani breaks it down for you.

October 5, 2011 1:03
 

UAE says banks taken steps to deal with euro debt crisis

Dubai not worried about global recession; Minister of Economy reiterates 2011 GDP growth forecast of 3-3.5 percent; Dubai five-year CDS highest since November 2010

September 27, 2011 12:52
 

World markets upbeat after Greece asks for bailout

World stock markets post modest gains following Greece’s request for bailout.

April 27, 2010 9:00
 
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