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Gulf Independent - economy
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Qatar growth to be propelled by govt's thrust on infrastructure ECONOMY

Qatar growth to be propelled by govt's thrust on infrastructure

Despite Qatar’s "reliance on the oil and gas sector", the country’s economy is expected to continue growing, propelled by the government’s strong commitment to continue investing in major infrastructure projects as part of its efforts to diversify its revenue sources, a new report has shown.

4:45 AM November 25 2016
India's economy grows 7.3% in third quarter ECONOMY

India's economy grows 7.3% in third quarter

India's economy grew 7.3 percent in the third quarter of the financial year, official data showed Monday, a slowdown from the previous quarter but beating analysts' expectations.

4:45 AM November 25 2016
Qatar, Saudi ministers review economic ties ARABIA

Qatar, Saudi ministers review economic ties

HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani yesterday met in Riyadh with Saudi Minister of Economy and Planning Adel bin Mohamed al-Faqih.

4:45 AM November 25 2016
China forex reserves fall almost $100bn in January ECONOMY

China forex reserves fall almost $100bn in January

China's foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said, as Beijing sells dollars to stop the yuan from depreciating further.

4:45 AM November 25 2016
Sri Lanka requests IMF bailout to tackle budget deficit INTERNATIONAL

Sri Lanka requests IMF bailout to tackle budget deficit

Sri Lanka has made a formal request for an IMF bailout package to aid its struggling economy after a sharp slowdown in growth and with its budget deficit widening, officials said Saturday.

4:45 AM November 25 2016
Irish PM calls election, economy to be in focus INTERNATIONAL

Irish PM calls election, economy to be in focus

Irish Prime Minister Enda Kenny yesterday set parliamentary elections for February 26, kicking off campaigning for what promises to be a tight contest dominated by a fractious debate over the country’s strong economic recovery.

4:45 AM November 25 2016
Dubai visitors up 7.5% to more than 14 million INTERNATIONAL

Dubai visitors up 7.5% to more than 14 million

More than 14.2 million people visited Dubai in 2015, up 7.5 percent from the previous year, with Indians, Saudis and Britons topping the list.

4:45 AM November 25 2016
Pope urges Iran to act for peace in Middle East INTERNATIONAL

Pope urges Iran to act for peace in Middle East

Pope Francis on Tuesday urged Iran to back peace efforts in the Middle East as the Islamic Republic's emergence from international isolation took a significant step forward with President Hassan Rouhani's first visit to the Vatican.

4:45 AM November 25 2016
Kuwait's emir lines up subsidies cut ASIA

Kuwait's emir lines up subsidies cut

Kuwait's Emir Sheikh Sabah al-Ahmad Al-Sabah said Thursday that the Gulf country plans to cut heavy subsidies on fuel and power in a bid to offset a fall in oil revenues.

4:45 AM November 25 2016
IMF urges EU to open jobs market quickly to refugees INTERNATIONAL

IMF urges EU to open jobs market quickly to refugees

The tide of Middle East refugees should boost European economic growth over the short term, but their longer-term impact will depend on efforts to integrate them, the IMF said Wednesday.

4:45 AM November 25 2016
China, Gulf to speed up free trade talks ECONOMY

China, Gulf to speed up free trade talks

China and the Gulf states said Wednesday they would accelerate talks on a free trade deal which has been under negotiation for more than a decade.

4:45 AM November 25 2016
Gulf states unlikely to drop dollar peg: S&P ECONOMY

Gulf states unlikely to drop dollar peg: S&P

Gulf states are not expected to drop their long-term monetary link to the US dollar after the sharp drop in oil prices and fiscal reserves, Standard and Poor's said Tuesday.

4:45 AM November 25 2016