GulfBase Live Support
19/12/2014 06:58 AST
Construction workers build a waterfront apartment block on Palm Jumeirah artificial island in Dubai. Growth in Dubai’s gross domestic product is expected at 4.5% in 2015, from about 4% this year, the emirate’s Department of Economic Development has said in its 2015 outlook, Bloomberg reported. The real estate sector is expected to grow 6%, construction more than 5% and manufacturing by 5%, the outlook said. The drop in global oil prices, if persisting, “may have mixed effects on Dubai’s economy,” it said. “Ongoing capital spending is expected to be steady in 2015, but changes may take place in 2016.” A crash in property prices in 2008 had brought Dubai to the brink of default a year later.
Gulf Times
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
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Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa
Arab News
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In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.
A massiv
Arab News
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The National
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Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re
Times of Oman
05/04/2018
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The Peninsula