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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...

Global Growth on the Rise but Risks Remain, Predicts IMF

IMF projects global growth at 3.7 percent in 2014, rising to 3.9 percent in 2015 Growth pickup stronger in advanced economies; higher external demand to...

IMF Lowers 2013 MENA Growth Forecasts

Mideast Faces Lower Growth Prospects, Needs Bold Policies, indicates IMF Survey Most oil exporters enjoy solid non-oil growth, but must strengthen budgets Outlook of oil importers...

U.A.E. PMI fell from September’s all-time high

Output growth slows slightly, but remains sharp overall October data signaled a slowing of output growth in the UAE’s non-oil producing private sector, while new...

“Just a little inflation” does not exist

Some people think that a little inflation is all the economy needs to break out of the doldrums. However, what they don’t realize is...

Best economies for doing business in 2014 Revealed

The World Bank published its annual Doing Business report. This year, the study has included nearly 190 countries across the world. The report compared...