News tagged "Gdp"

Cluttons: Abu Dhabi’s real estate market nears the bottom

Cluttons: Abu Dhabi’s real estate market nears the bottom

11th April 2018

According to *Tradearabia news report, Abu Dhabi’s real estate market is seen nearing the bottom as the UAE economy prepares for stronger growth in 2018 with the gross domestic product (GDP) likely to expand by 2.6 per cent, according to an industry expert.[..]

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Qatar growth accelerates backed by strong construction growth in Q1

Qatar growth accelerates backed by strong construction growth in Q1

9th July 2014

Qatar’s  economy accelerated in the first quarter of 2014, driven by strong growth in construction, financial services and trade, restaurants and hotels, according to figures released last week by the Ministry of Development Planning and Statistics (MDPS).  Qatar real GDP growth accelerated to 6.2 percent in the year to Q1 2014 with the non-hydrocarbon sector expanding by 11.5 percent owing to rapid progress with the implementation of major projects.[..]

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Abu Dhabi GDP rises 7.7%

13th January 2014

Abu Dhabi emirate’s GDP at current prices rose by 7.7 percent and reached AED911.6 billion at the end of 2012, compared to AED846.7 billion in 2011, state news agency Wam reported. The Economic Report of Abu Dhabi 2013 issued by the Studies Directorate of the Department of Economic Development has explained this relative growth through low growth rate achieved by the extractive industry activity in 2012, which amounted to about 6.2 percent, compared to 52.8 percent in 2011, due to the limited increases in quantities of oil production, and the limited rise in oil prices in global markets during 2012 compared to 2011.[..]

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