Oil rose more than 1% on Tuesday with benchmark Brent crude above $70 a barrel for the first time in a week on Tuesday, boosted by healthy world economic growth prospects and expectations for continued production curbs.
The landmark polls cap the country's transformation from a Hindu monarchy to a secular republic, following a 10-year Maoist insurgency that left more than 16,000 people dead.
Despite challenges like low oil prices and the economic blockade imposed on Qatar in June, the country has managed to grow its economy and maintain monetary and fiscal stability ...
Brent futures, the international benchmark for oil prices, hit $62.44 per barrel early on Monday, their highest level since July 2015.
HE al-Nuaimi said all the ministries, institutions and entities are doing their best to co-ordinate with the Permanent Population Committees' technical office to achieve a balance between the population growth and the requirements of sustainable development.
Iran's growth is forecast to slide to 3.5% this year down from a strong 12.5% in 2016. Iraq's economy, which experienced healthy 11% growth in 2016, is expected to fall into negative territory and shrink by 0.4% this year.
The figures released by the Central Statistics Office were lower than the 6.1% recorded in the previous quarter, and less than forecast by many analysts in one of the world's fastest growing economies.
India's growth slowed to 7.1% last year, according to official data released on Wednesday, weaker than analysts expected but still the fastest rate of growth of any major economy.
Economic growth in Saudi Arabia and most other Arab oil exporters will slow this year following production cuts aimed at propping up energy prices, the International Monetary Fund said on Tuesday.
The recovery in oil price and a strong expansion in non-hydrocarbons should help Qatar effectively manage the future interest rate hikes, helping the country's economic growth to pick up this year, according to a QIF report.
India on Friday predicted robust economic growth in the fiscal year that ends in March, but without fully accounting for the disruption caused by Prime Minister Narendra Modi's decision to abolish high-value old currency bills.
India expects growth of around 7% in the first half of the next fiscal year, officials said, painting a rosier picture for the economy than many economists after Prime Minister Narendra Modi's shock move to abolish large banknotes.