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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)

September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.

"Today we are trying to look for alternatives to export Iraqi oil," said Shukri, whose OPEC member country is home to the world's fourth largest oil reserves

February 21st, 2012 - 08:28 GMT

Closing Hormuz will halve Iraq's oil exports

The problem with the sanctions is that they are not very clear

February 19th, 2012 - 02:35 GMT

Iranian sanctions biting the Emirates

Analysts estimate the size of Qatar’s sovereign wealth fund at some $100 bn

February 9th, 2012 - 04:20 GMT

Qatar: Construction boom risks slump

The central bank revealed this week that foreign reserves continued to fall rapidly in January, threatening a currency crisis

February 9th, 2012 - 01:44 GMT

Optimism toward politics buoys Egypt's stock market

Gold could face a short-term pullback if Greece strikes a deal, as it may hurt the appeal of safe-haven assets

February 8th, 2012 - 05:20 GMT

Gold holds near $1,745, waiting on Greece

Saudi Arabia is best placed to make up for any shortfall in oil supply

February 6th, 2012 - 04:04 GMT

Saudi can cover any oil shortages

Syria

February 4th, 2012 - 06:22 GMT

At least 337 dead in Syria army attack on Homs

Extra crude oil from Saudi Arabia, Iraq and Libya will more than make up for any lost from Iran after the ban is imposed on 1 July

February 1st, 2012 - 04:43 GMT

Oil supply fears fade despite Iran ban

The drying up of regional liquidity has had many effects on the GCC

February 1st, 2012 - 04:21 GMT

GCC Stock Market: Liquidity the lifeline

Syria

January 29th, 2012 - 02:59 GMT

Clashes reported 8 kms from Damascus

Syria

January 29th, 2012 - 09:26 GMT

Non-stop violence continues in Syria

"Good brands have a lot of focus," says Grace Yacoub, the chief executive of Zaman, a consultancy in the UAE that launched The Most Authentic Arab Brands contest last year

January 18th, 2012 - 05:35 GMT

Battle of the UAE brands 2012