‘Britain is open for business’
British Embassy in partnership with Crowe Horwath hosted a key meeting aimed at enlightening existing and potential entrepreneurs on the challenges and opportunities of...
IMF latest annual assessment of UAE economy
Non-oil recovery strengthens, despite weak construction and real estate sectors
Government-related entities still pose risks
Fiscal consolidation should increase government's room for maneuver
Growth in the United...
Global Economy Set to Grow 3.2 Percent in 2018
The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...
2011 Forecasts: World’s population will reach 7 billion in 2011
Rate of population growth will slow
With 267 people being born every minute and 108 dying, the world’s population will top seven billion next year,...
UAE’s Consumer Price Index Down in February 2013
The overall Consumer Price Index (CPI) dropped 0.15% to 117.24 in February from 117.41 in January 2013, and with comparison with the base year...
IMF Cuts Global Growth Forecasts
An unexpected decline in output in the United States prompted the International Monetary Fund to lower the global growth forecast for this year. In...
FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...
Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7%
The foreign direct investment (FDI) inflows to the UAE recorded...
IMF warns UAE on risk from debt-laden entities
While the economic recovery in the United Arab Emirates is gaining strength, the International Monetary Fund Monday warned about the risk posed by debt-laden...
Revenues from UAE’s Federal Government Service Transactions Rose 4.2% in Q1...
The Ministry of Finance (MoF) announced that the federal government revenue collected through e-Dirham reached more than AED2 billion in Q1 2016, up 4.2...
Dubai Economy Asks Businesses Not to Hike Prices Ahead of VAT
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has called on retailers in Dubai not to use the VAT (value added...
Dubai Economy Grew 2.7% in 2016; Expected to Rise to 3.1%...
The economy of Dubai grew by 2.7% in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many...
CNN’s Marketplace Middle East Uncovers DIFC’s Central Role
On this month’s episode of ‘Marketplace Middle East’, John Defterios interviews Arif Amiri, CEO of Dubai’s International Financial Centre Authority (DIFC), to discover more...
Another step closer to VAT implementation in GCC
The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...
Better Outlook for Global Economy; Some Risks Remain
International Monetary Fund (IMF) Managing Director, Christine Lagarde said the outlook for global economy is already starting to improve, with an essential part of...
Fitch Rates UAE Outlook Stable ‘-AA’
Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook.
The move reflects...
IMF Increases Next Year’s Middle East Growth Forecast to 4.2%
The International Monetary Fund increased its 2010 economic growth forecast for the Middle East to 4.2 percent from 3.7 percent after oil prices rose.
“The...
Dubai SME supports 4,227 entrepreneurs with incentive packages worth AED 101...
1,175 Emirati companies were established with support from Dubai SME in 2018
MBRF provided financial assistance worth AED 14 million to 18 companies
...
Emirates Investment Summit ‘Investopia’ to Link Economy of the Present to...
Inaugural edition of the Summit falls under the ‘Projects of the 50’
H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, announced that the...