Friday 23 June 2017
 
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economic

RJ named 'Official Carrier' for World Economic Forum

The World Economic Forum has selected Royal Jordanian (RJ) to be the official carrier of the forum participants for the ninth time since its first meeting in Jordan, held in 1995. RJ president/CEO Captain Suleiman Obeidat expresse

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Tourism 'key for economic growth and diversification' in Mena

Tourism can be a key driver of the growth and economic diversification for the Middle East and North Africa (Mena) region with the region received a total of 72.2 million international tourist arrivals in 2016. The Middle East rec

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Insurance premiums set to grow in GCC: report

Gross premiums in the four largest GCC insurance markets will continue to increase in 2017 despite the the current economic slowdown in the region, which is the result of relatively low oil and gas prices, a report said. Credit co

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Govts urged to support aviation to drive growth

The International Air Transport Association (Iata) has urged governments to support the vital role aviation plays in connecting people and commerce around the globe. “Our world has grown much wealthier through trade and trav

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Infrastructure, costs and security among key concerns for Mena aviation

The International Air Transport Association (Iata) highlighted four priorities areas in the Middle East and North Africa (Mena) which must be addressed for aviation to deliver maximum economic and social benefits. These are suffic

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Global growth to stabilise next year: Moody's

Global economic growth will pick up next year from the very weak levels this year, as the outlook for the US and emerging economies improves slightly, according to a report by Moody's Investors Service. However, growth will be

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90pc of Mena companies are SMEs: report

A total of 90 per cent of registered companies in the Middle East and North Africa (Mena) are small and medium-sized enterprises (SMEs), according to a study published by Bloovo Middle East. The SMEs continue to reinforce their po

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Euromoney Qatar Conference to discuss risk of GCC slowdown

The economies of the GCC face a number of significant challenges over the coming year, caused by a diverse range of factors. The prospect of a significant slowdown – and the measures countries can take to avoid this – will be analyse

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Arab-Brazilian Chamber discusses economic ties at forum

Arab-Brazilian Chamber of Commerce (ABCC) recently organised the Brazil-Arab Countries Economic Forum in Sao Paulo, Brazil, which was aimed at building stronger economic ties between Brazil and the Arab World. The one-day symposiu

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Saudi Arabia set for huge international bond sale

Saudi Arabia is set to launch its first international bond sale on Wednesday to help ease an economic downturn caused by oil price slump, reports said. The kingdom is targeting between $10 billion and $15 billion in the bond sale.

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