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....
Prices of basic commodities up by 12.43 percent
Figures from Abu Dhabi's Department of Planning and Economy (DPE) have revealed that prices of basic commodities went up by 12.43 percent between June...
Dubai Government Agencies To Cut Spending, Freeze Hiring
In response to the coronavirus outbreak, Dubai’s department of finance has directed all government agencies to slash capital spending and halt new hiring until...
Dubai World’s approval from creditors to change terms of debt to...
According to UBS AG and Moody’s Investors Service, Dubai World’s approval from creditors to change the terms on $24.9 billion of debt is likely...
Retailers to stop charging surcharge on credit card usage from July...
His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...
UAE Outperforms Global Counterparts in Dimensions of Income, Infrastructure
BCG’s global report on sustainable economic development progress places the UAE in the top quartile when it comes to well-being
UAE performs above the majority...
Ministry of Economy focused on global cooperation, Al Shihhi
His Excellency Mohammed Ahmed Bin Abdul Aziz Al Shihhi, Director General of the Ministry of Economy, said the UAE Government is focused on...
World-renowned experts to participate in ‘The Dubai Forum’
Under the Patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,...
Dubai Business Confidence Index rose to 122 points in Q3
Dubai businesses buoyant on higher sales and volumes expected during winter 2012
Confidence rises on high demand and improved performance across key sectors
Businesses in Dubai...
Initiatives aiming at stabilizing market prices discussed
H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...
Strong economic outlook for UAE
The underlying economies of both the UAE and GCC region are strong and the outlook for listed companies robust said Tom Healy, Chief Executive...
Ministry of Economy Plans for SME Sector For the Year 2020
The plan includes training programs to empower entrepreneurs; new channels to connect with global and regional markets; and extensive participations in specialized exhibitions
The...
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...
UAE GDP growth to hit 4.5% in 2012
The UAE's gross domestic product (GDP) growth is expected to reach 4.5 per cent by the end of the current year, surpassing last year's...
Sheikh Mohammed comments on UAE Economy
"The past is over; we must look to the future"
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid...
Abu Dhabi GDP up 14.4% to AED 931 bn in 2018
Abu Dhabi's Gross Domestic Product, GDP, at current prices, increased by 14.4%, from AED 813.6 billion in 2017 to AED 931.0 billion in 2018,...
A few thoughts on global economic recession 2016
Global economic recession is not just a terminology at which you have glimpsed while browsing social media on your smartphone. It is rather a disturbing...
UAE climbs three spots in Growth Promise Indicators report
The UAE ranked as high as 22nd from among 180 countries overall, and ahead of other Middle Eastern countries. The nation’s macroeconomic stability, openness,...