UAE non-oil sector up 3.9% at Dh294 billion in 2008
A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown...
Economy expected to contract 0.6 percent this year
The UAE Central Bank will keep interest rates low in 2009 as the Arab world’s second- biggest economy contracts due to falling oil prices,...
Moody’s cuts growth forecasts for emerging economies
Moody's Investors Service on Thursday downwardly revised growth forecasts for Group of 20 emerging economies, citing a troubled external environment and weaker domestic demand....
Dubai’s economic activity growth slowest in five years in October
Business activity in Dubai expanded at the slowest pace since February 2010, according to the latest Dubai Economy Tracker from Emirates NBD.
The output index...
Signaling region’s economic recovery
Rashed Al Baloushi, Deputy CEO of Abu Dhabi Securities Exchange (ADX), confirmed that the UAE capital markets had overcome the consequences of the global...
Dubai’s Private Sector Growth Slows in July
Business conditions in Dubai’s non-oil private sector improved at a slowest rate in three months in July, according to the monthly survey by Emirates...
IMF’ MENA Regional Economic Outlook Defines the Road Ahead
The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...
UAE’s Strong Economy to Pull in More Foreign Investments in Coming...
Country’s efforts to diversify economy yielding significant dividends.
Robust investment flows to the UAE are expected in the coming years on the back of the...
Business Conditions Continue Improving At Robust Pace In July
The robust growth momentum of the non-oil private sector in Dubai was maintained in July, with the seasonally adjusted Emirates NBD Dubai Economy Tracker...
Diversification of economy is main pillar of UAE economy, says Al...
UAE Minister of Economy meets European Ambassadors
His Excellency Sultan Al Mansouri said the UAE economy has proven its strength in dealing with the...
Minister of Economy meets department heads to discuss growth strategies
The UAE Minister of Economy His Excellency Sultan Bin Saeed Al Mansouri met department heads to discuss the ministry's future plans and strategies. He...
HH Sheikh Mohammed bin Rashid: National economy solid
The UAE's economy is robust and is based on solid foundations and a long-term vision, Vice President and Prime Minister and Ruler of Dubai...
Dubai Economy Reveals Details Of Closing Down Commercial Establishments, Activities
Dubai Economy has directed commercial establishments in the emirate to close down for two weeks starting today in line with the preventive measures announced...
UAE Banks will continue financing the economic sector
Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...
A delegation from Dubai Department of Economical Development and INDEX Holding...
A delegation from the Dubai Department of Economical Development (DED) headed by Mr. Fahad Al Gergawi, Chief Executive Officer, Foreign Investment Office accompanied...
Saxo Bank Warns of Possible Global Economic Slowdown
The GCC states are likely to face economic challenges this year due to the increased risk of a global economic slowdown created by global...
Dubai business upbeat on sales and profits in Q1 of 2012
The composite Business Confidence Index (BCI) in the emirate rose by 16% to more than 133 points in the final quarter of 2011 compared to the previous quarter
62% of UAE employees believe their income is not balanced with...
The latest results from the recent Consumer Confidence Index survey carried out by Bayt.com, the Middle East's number one job site, and research and...