Real GDP +5.5 pct in Q2 vs +5.9 pct in Q1; Growth in oil output eases, non-oil holds up; Inflation slows to 3.8 pct y/y in Aug from 4.0 pct in July; Food prices rise, rental pressures ease
September 13, 2012 9:57
Budget surplus at 1.6 bln rials in Jan-May; Oil output up in May despite strikes; Inflation at 2.2 percent in May vs 3.0 pct in April
July 11, 2012 4:39
Prices fall 0.1 pct m/m in May; Pressures subdued, food costs drop 1.3 pct m/m
June 27, 2012 6:36
Inflationary pressures are likely to continue in Saudi Arabia in the second quarter, the central bank said in a report published on its website;"The available data points to an expectation of continued inflationary pressure... during the second quarter of 2012," said a quarterly inflation report issued by the Saudi Arabian Monetary Agency (SAMA).
May 13, 2012 3:57
Plant delayed by technical reasons; Boosting sugar production a top priority
April 4, 2012 8:30
Demand for gold has increased tenfold in the last decade while the dollar continues to drop as it floods the market. Will this mean a return to the Gold Standard?
March 27, 2012 4:25
Inflation in the United Arab Emirates in 2012 is not expected to exceed 2 percent, the economy minister said on Wednesday.
March 14, 2012 1:48
Authorities said late on Monday that government workers would get a 25 percent rise in their basic salaries, while pensioners…
March 13, 2012 1:59
Inflation at 4.8 pct on average in 2011 vs 4.0 pct in 2010; Dec consumer prices +3.1 pct y/y, +0.5 pct m/m; Food, housing costs rise m/m; Benign price pressures expected in 2012, analyst
January 26, 2012 1:52
The UAE's central bank is not worried about inflation this year, predicting it could average around 2 percent, its governor Sultan Nasser al-Suweidi said on Monday.
January 23, 2012 2:40
Inflation in the United Arab Emirates remained at 0.9 percent on average in 2011, unchanged from the previous year and well below analysts' forecasts, data showed on Wednesday. The rate was the lowest since the Gulf War started in 1990.
January 18, 2012 1:56
Oman's government has approved plans to subsidise food staples to offset inflation, a government official at the Gulf sultanate's trade ministry said on Tuesday.
December 14, 2011 10:59
Former PM says crisis worse than mid-80s; Sees risk of violence if mass protests break out; Risk of 'proxy war' between north and south
December 13, 2011 11:36
Inflation has remained low this year, at 1.1 percent in April, as banks remain hesitant to lend despite inflows of deposits to the OPEC member, seen as a relatively safe haven after unrest rocked nearby Bahrain, Oman and Yemen.
June 18, 2011 2:53
Inflation 4.8 pct y/y in April vs 4.7 pct y/y in March; Consumer prices 0.4 pct m/m vs 0.3 pct m/m in March; Food prices, transport costs rise
May 14, 2011 4:58