exports minus imports, added 1.0% point to fourth-quarter GDP growth thanks to a 11.1% surge in exports buoyed [...] slowing from the 5.1% increase the previous quarter but exceeding market forecasts for a 1.8% gain. The [...] ports_capex_shake_off_COVID_hit-TR20210215nL4N2KG1EFX6/
rise in the oil economy, outpacing an expected 4.1pc growth in non-oil activities. However, the [...] on efforts will slow the overall GDP growth to 2.1pc in 2023-24, well below the 2010-19 average of 3 [...] pandemic, its GDP grew by 5.5pc year-on-year in Q1, representing the fastest quarterly growth since Q2
followed by AUB and GFH Financial Group that saw BD8.1m and BD1.8m in value traded, respectively. In economic [...] Kuwait-based Kamco Invest shows the index closed at 1,918.01 points last month, up 0.7 per cent over the [...] Bank (down 2.6pc) followed by Bahrain Cinema (down 1.5pc) and APM Terminals Bahrain (down 0.8pc).
revenues by 11pc to BD2.3 billion ($6.1bn) compared with BD2.1bn ($5.6bn) in 2018. Mumtalakat’s [...] 13pc increase in revenue from BD365.1m ($971m) in 2018 to BD412.7m ($1,097.6m) in 2019, primarily due to [...] total assets value reached BD7.1bn ($18.9bn) in 2019. The results reflect another year of solid
to $1.78 billion, the company based near Paris said. Analysts polled by Bloomberg had forecast $1.57 billion [...] from its own worldwide operations, known as scope 1 and 2, by 2050 or sooner. It’s targeting carbon neutrality [...] It will cut operational spending by more than $1 billion, a deeper reduction than a target of $800
of 2.1 percent in construction output growth in the UAE but expects a rebound in 2021 of 3.1 percent [...] -2.4 percent, down from the previous forecast of 1.4 percent, due to the continued spread of COVID-19 [...] for construction output growth in Saudi Arabia to -1.8 percent from its previous forecast of 2.9 percent
Saudi Basic Industries Corporation (Sabic) for $69.1bn. According to Refinitiv’s 2020 first half [...] After merger activity fell to a seven-month low of $1.9bn in April, M&A increased in volume and in value [...] investors agreed to buy ADNOC gas pipeline assets for $10.1bn. The deals are the largest to be announced
to grow at a CAGR of 8.3 per cent in the UAE and 5.1 per cent in Saudi Arabia. However, BCG said wealth [...] in the UK. Women trading shares and funds made a 1.94 per cent average gain above the market compared [...] to 2019, women accumulated wealth at a CAGR of 6.1 per cent. Over the next four years, that rate will
remain between 1.8 per cent and 1.9 per cent from 2019 to 2024, below the global average of 6.1 per cent, [...] data of 2018. The study, based on a survey of 1,000 residents in the UAE, was commissioned by Zurich [...] insurance penetration and density at 2.9 per cent and $1,194.7, respectively, in 2018, according to Alpen
of clean vehicles by bringing output to more than 1 million electric and hybrid cars per year over the [...] generous bonus for EVs will be available from June 1 until Dec. 31. Macron is also doubling the trade-in [...] The doubled bonuses will be available starting June 1 and will last until 200,000 cars are sold. A buyer