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Saudi non-oil growth robust, but eases to 4.3pc in Q3

Saudi non-oil growth eased slightly but remained robust at 4.3% in Q3 from 4.9% Q2, led by a continued strong expansion in the wholesale, retail, restaurants and hotels (5.8%), transport and storage (4.5%) and construction (4.6%) sectors. 

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Saudi non-oil growth robust, but eases to 4.3pc in Q3

Saudi non-oil growth eased slightly but remained robust at 4.3% in Q3 from 4.9% Q2, led by a continued strong expansion in the wholesale, retail, restaurants and hotels (5.8%), transport and storage (4.5%) and construction (4.6%) sectors. 

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Top 10 UAE banks show ‘better asset quality, higher profits’

The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024.    Profitability increased to AED21.5 bi

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Nissan launches new 2024 X-Trail N-Trek in the Middle East

Nissan has announced the expansion of its X-Trail range in the Middle East with the introduction of the adventure-ready 2024 X-Trail N-Trek.  Positioned between the SV and SL trims, the X-Trail N-Trek boasts eye-catching design features,

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Nissan launches new 2024 X-Trail N-Trek in the Middle East

Nissan has announced the expansion of its X-Trail range in the Middle East with the introduction of the adventure-ready 2024 X-Trail N-Trek.  Positioned between the SV and SL trims, the X-Trail N-Trek boasts eye-catching design features,

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Julphar 9M revenues stable at $340m

Gulf Pharmaceutical Industries (Julphar), amid the current political headwinds and currency devaluation in Egypt, posted stable revenue of AED1.25 billion ($340 million) at constant currency in the first nine months (9M) of 2023. 

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Julphar 9M revenues stable at $340m

Gulf Pharmaceutical Industries (Julphar), amid the current political headwinds and currency devaluation in Egypt, posted stable revenue of AED1.25 billion ($340 million) at constant currency in the first nine months (9M) of 2023. 

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Experts discuss ways to build resilient, robust cities

Leading urban design and planning specialists and government officials from around the world gathered virtually to deliberate how Dubai and other cities can be highly liveable places - spaces that foster business ecosystems - as well as suppor

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Alba Line 6 'a game changer for Bahrain's industrial sector'

Alba’s $3-billion Line 6 Expansion Project will be a game-changer for Bahrain’s industrial sector, Industry, Commerce and Tourism Minister Zayed Al Zayani has said, according to a report in the Gulf Daily News (GDN), our sister publi

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Dubai real estate 'likely to recover despite low oil'

The real estate market in Dubai, UAE, is likely to trend upwards this year and enter the recovery phase of its third cycle, thanks to the government's expansive fiscal policy, said a report. As oil prices and equity markets continue

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