UAE Consumer Confidence at 108: Highest in Middle East
Middle East / Africa confidence declined two points to 94, as spending and personal finance sentiment dropped.
UAE Consumer Confidence declined seven index points in...
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...
Optimism about Business in Dubai at 19- month high in June
A robust expansion in business activity and order growth was recorded in Dubai during the month of June, although the pace of growth was...
UAE and Saudi Arabia continues to grow despite lower oil prices
UAE new orders grow, and job creation hit three-month high in May’15
Saudi Arabia’s output and new orders expanded, but the growth rate eased
GCC consumers...
Dubai inflation hits six-year high
A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services...
Dubai Expo 2020 Offers Business & Investment Opportunities
Dubai Expo 2020, the first world expo to be staged in the Middle East, North Africa, and South Asia region, is expected to boost...
UAE Consumer Confidence Index Scored 115; 39% Believe Recession is Spreading
UAE consumer confidence started 2015 with an index score of 115—an increase of one point from fourth-quarter 2014 and from a year-ago, according to...
GCC economies to witness growing significance of the Chinese Yuan
· GCC to witness more Chinese Yuan transactions in trade and investments
· A low oil price and strengthening US Dollar scenario could be a...
Oil Price Decline Curbs GCC Economic Growth
Although economies in the Middle East and North Africa region continue to expand, growth is too slow and oil exporters will see a deficit...
3rd Al Gharbia Development Forum to showcase opportunities in Western Region
One-day day event to focus on infrastructure, industrial and social infrastructure developments
The 3rd Al Gharbia Development Forum to be held at the St...
Aging Labor Forces Weighing Down World Economic Outlook
Time is running out for policy makers in the world's largest economies to return to a healthier growth path.
That is the latest warning from...
Recession Receding: Global Consumers More Optimistic Than in 2014
Though consumer confidence scores saw a slowdown between the third and fourth quarters of 2014, people are still finding reasons to see the glass...
UAE Liquidity Squeeze
The near-term direct impact of lower oil prices on UAE is more muted than for GCC peers. However, the indirect impact through lower regional...
Global Business Confidence Slumps
According to a survey of business executives released Sunday, global business confidence slumped in the third quarter of 2014. A global survey conducted by Markit...
UAE’s Progress Towards Greener Economy Measured by International Standards
The 2014 Global Green Economy Index (GGEI) revealed that UAE' economy is the greenest in the Middle East. However, on a more global scale,...
Dubai’s Economy to Maintain 2013 Growth Pace
Dubai's economy is predicted to maintain a stable growth in 2014. According to a new report by the Dubai Statistics Center, this year the...
World Bank trims Asia 2014 growth forecasts
The World Bank trimmed its 2014 growth forecast for developing Asia, but said the region's economies were likely to see steady growth in the...
Global Economy Outlook “Cautiously Optimistic”, Financial Leaders Say
Despite the recovery, risks are present and 2014 may be a year of volatility
The agenda for 2014 is to complete financial reform
The outlook for...