Tuesday , 11 December 2018

Tag Archives: GDP

SMEs contribute 40% to Dubai’s GDP

New govt policies are set to transform business ecosystem by making it easy to do business, and support new sectors Small and medium enterprises (SMEs) are estimated to contribute 40 per cent to Dubai’s gross domestic product (GDP) and employ 42 per cent of the total workforce, said a top official. The significance of such enterprises must not be overlooked …

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Travel, tourism to boost UAE’s GDP

Contribution to economy set to hit $29.53bln in 10 years By Issac John, Khaleej Times UAE – The direct contribution of travel and tourism to the UAE economy is forecast to rise by five per cent to Dh72.6 billion in 2018, and will hit Dh108.4 billion in 10 years, reflecting the vibrant growth potential the sector offers, the World Travel …

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GCC tech companies close gender gap to unlock $100trillion in global GDP

Ann Gallo, chief communications officer of Hitachi Vantara, recently spoke at The Marketing Society UAE’s Leadership Breakfast, sharing her insights as the GCC technology companies work to close the gender gap and increase corporate competitiveness to unlock nearly $100 trillion in global GDP by 2025. Women in the GCC represent only two per cent of board positions and 13 per …

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By 2030 Saudi Arabia can transform its economy, double GDP and create job opportunies for 6m Saudis

The McKinsey Global Institute released its new report Saudi Arabia beyond oil: the investment and productivity transformation. This groundbreaking, year-long study explores one of the world’s largest and one of the least understood economies in the world. While much of the outside world has focused on the very real challenges the Kingdom faces, our analysis suggests that there is a …

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KFH-Research: Bahrain will restore trust in its economy

Discount rate will remain low to stimulate economy Inflation rate reaches 4.2% but remains under control Economy will witness revival supported by oil prices, subsiding of political tensions A report prepared by KFH-Research concerning the expectations of the Bahraini economy during 2012, mentioned that Bahrain is working towards restoring trust in its economy; especially after the subsiding of political tensions, …

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IMF Executive Board Concludes 2012 Article IV Consultation and First Post Program Monitoring with Angola

Angola:- On July 11 the Executive Board of the International Monetary Fund (IMF) concluded the 2012 Article IV Consultation and First Post Program Monitoring with Angola.1 Background Angola has emerged from more than four decades of war to become Africa’s second largest oil exporter and its third largest economy. During the oil price boom of 2003–08 Angola began to rebuild …

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Countries warned of volatility in global economy

Pretoria – Developing countries should prepare for a long period of volatility in the global economy, the World Bank has warned. These countries should boost their medium-term development strategies while preparing for tougher times, said the bank in its Global Economic Prospects (GEP) June 2012 report released on Tuesday. According to the report a resurgence of tensions in high-income Europe …

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