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Saudi Al Tayyer IPO

Saudi Arabia economic growth slows a bit

Saudi Arabia's gross domestic product, adjusted for inflation, grew 5.94 percent from a year earlier in the first quarter of this year, the government's statistics department said on Wednesday.

June 6, 2012 7:08
 
Dubai-economy-GDP-rises

Slowing down? UAE 2012 growth expected to drop to 3 percent

Real GDP grew 4.2 percent in 2011, most since 2006; Oil prices seen floating between $80-100/barrel – Economy Minister; Economy more resilient, bank lending sluggish

June 5, 2012 11:13
 
UAE-economy-minister-cuts-2012-GDP-growth-outlook

UAE economy minister cuts 2012 GDP growth outlook

The United Arab Emirates' economy minister cut his forecast for the country's gross domestic product growth this year, predicting expansion of around 3 percent, after a sharp fall in global oil prices over the last several weeks.

June 4, 2012 5:36
 
Qatar to boost spending by 27 percent

Qatar plans to boost spending by 27 percent in 2012/13

Expenditures projected at 178 billion riyals, surplus 28 billion; Government sees surplus of 8 percent/GDP vs. 6.7 percent in 2011/12 – QNA; Spending on public wages jumps 48 percent, projects up 7 percent

May 30, 2012 12:37
 
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