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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)

September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.

The UAE's markets were also hit, with the Dubai Financial Market General Index closing down 1.3 percent at 1,466.08

May 17th, 2012 - 09:45 GMT

Greek crisis' global impact felt in oil and shares

The funds would be used to boost capacity to at least 80,000 megawatts by 2020 from an installed capacity of 50,000 megawatts

May 15th, 2012 - 11:25 GMT

KSA looks to invest $107bn in electricity

While exports to Israel were the cheapest of all, pricing of all Egypt's gas exports has been subject to criticism

April 29th, 2012 - 10:36 GMT

How business dictates politics?

IMF requires consensus within Egypt's leadership on an economic plan before the lender agrees to release the funds to help the country avoid a looming fiscal crunch

April 26th, 2012 - 09:28 GMT

Egypt says 'no' and risks IMF loan

Asian oil importers are lobbying European officials, who are expected to meet on the issue in mid-May, for exemptions to the sanctions

April 25th, 2012 - 12:42 GMT

Iran plans to expand oil tanker fleet ahead of sanctions

Spot gold lost 0.4 percent to $1,651.26 an ounce

April 16th, 2012 - 12:38 GMT

Gold extends losses

Al Bawaba

April 16th, 2012 - 07:33 GMT

Iraq and UAE sign electricity contract

This week marks the first anniversary of a French law banning the wearing of full-face veils in public.

April 11th, 2012 - 09:56 GMT

France's Muslim Allergy: Sarkozy can Say Goodbye to the Muslim Vote

The IMF says the cash is dependent on broad political backing for the plan

April 10th, 2012 - 10:21 GMT

Muslim Brotherhood refuses IMF loan terms for Egypt

Omar Suleiman

April 9th, 2012 - 08:16 GMT

Omar Suleiman gets death threats

The jury is still out on who killed Rafic Hariri.

April 5th, 2012 - 12:27 GMT

Hariri Tribunal Has A New Key Witness

Emerging Markets will lead the global expansion

April 5th, 2012 - 08:20 GMT

Global economy faces three key risks in 2012