Increased sector activity and government spending will propel it to grow faster than in 2017
non-oil sector
Emirates NBD Dubai Economy Tracker Index
Conditions improve in Dubai’s non-oil private sector, research shows
Business activity expanded sharply in February, according to new statistics from Emirates NBD
Bahrain economy
Bahrain’s economy now fastest growing in the Gulf region
2017’s non-oil sector growth is expected to exceed the 4 percent recorded in 2016
Dubai economy
Dubai’s private sector job creation grew sharply in January
Dubai’s non-oil economy grew in January
diversify economy
Saudi business gauge falls to record low as economy hit by VAT
A measure of business activity in Saudi Arabia’s non-oil economy dropped sharply to a record low in January, as the implementation of a new value-added tax hit output and purchasing.
The Emirates NBD Purchasing Managers’ Index fell from 57.3 in December to 53, the lowest reading in the survey’s history, as production and new orders slowed.
Companies […]
Emirates NBD
UAE business confidence highest since January 2015
Emirates NBD data shows that improved economic conditions led to a sharp increase in January orders
bankruptcy law
Saudi non-oil sectors set for positive 2018
BMI claims fiscal measures and increasing confidence will help offset contracting oil revenues
Dubai economy
Growth of Dubai’s non-oil sectors slowed in December, says Emirates NBD
Dubai’s economy grew faster in 2017 than in 2015 and 2016, data indicates
Expo 2020 Dubai
Expo 2020 supports UAE non-oil economy growth, forecast shows
The non-oil sector will grow 3.7 percent in 2018 and 4 percent in 2019, according to NBK economic update
export
UAE’s non-oil trade reached $213bn in first half of 2017
Federal Customs Authority data shows that Asia accounts for 43 percent of non-oil trade with the UAE
Emirates NBD
Saudi private sector growth rises by most since August 2015
Emirates NBD Saudi Arabia PMI reveals significant economic improvement in November
Emirates NBD
UAE non-oil sector posts strong growth ahead of VAT
Emirates NBD’s purchase managers’ index registers a three month high but indicates household consumption increases might be temporary
Bahrain banking
Bahrain sees non-oil growth of 4.7% in first half of 2017
Bahrain Economic Development Board says tourism, financial services are among top performing sectors
economic growth
Saudi non-oil revenue increases by 80 percent
Saudi Arabia’s Ministry of Finance says the figures are reflective of economic reforms that have taken place in the kingdom