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29 Nov 2010 - 27 Sep 2021
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Last Update 16:44
Monday, 26 December 2011
Cairo 17-8
The drop in the growth rate is driven by contraction of tourism, construction and manufacturing industries while domestic consumption prevented the economy from shrinking  
The planned expenditures translates to a budget deficit of $498.23 million

The head of the International Monetary Fund believes the world economy is in danger as she urges Europeans to speak with one voice on a debt crisis that has rattled the global financial system

The decision comes six weeks after King Abdullah moved responsibility for the aviation sector from the Defence Ministry to the newly established General Authority for Civil Aviation

Gulf markets shows mixed results in year-end trade with few market leaders showing significant results

The stock exchange realised an impressive 1.93 per cent gain but turnover plummets to $16.5 million as foreign investors' activity tumbles

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