IMF Managing Director Christine Lagarde Discusses Economic Challenges with GCC Countries
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Qatar...
‘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 Raises 2017 Outlook for Global Economic Growth
The International Monetary Fund has raised its outlook for global economic growth, citing a post election surge in confidence in the United States, better...
UAE Ministry of Economy announces start of fourth Gulf Consumer Protection...
The UAE Ministry of Economy (MoE), today, announced the start of the fourth Gulf Consumer Protection Day, at a press conference held in Abu...
Statement from HH Sheikh Ahmad bin Saeed Al-Maktoum on Dubai World...
"Dubai World has today announced that headline economic terms for its restructuring have been agreed in principle with the Coordinating Committee, accounting for a...
Inflation in Dubai down 0.03% in February
Overall inflation of Consumer Price Index (CPI) in Dubai dropped by 0.03% in February 2013 compared to the same period in 2012, driven by...
UAE hosts 91st GCC Financial and Economic Committee Meeting
The UAE will be hosting the 91st GCC Financial and Economic Committee Meeting which will be headed by HH Sheikh Hamdan bin Rashid Al...
Inflation up 0.7 percent in the first two months of 2012
Abu Dhabi (SCAD) issued today its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi...
UAE Private Sector Growth Slows in June
Growth of business activity in the UAE's non-oil private sector slowed in June from a three-month high in the previous month, as expansion of...
Business Activity in Dubai Improves; Jobs Creation Marginal
The improvements in the overall business conditions in Dubai’s non-oil private sector gathered steam in June, with the seasonally adjusted Emirates NBD Dubai Economy...
Outlook 2020: Global Growth Can Endure Over the Coming Year
Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...
Tech-Led Strategies for Economic Recovery
Leaders and industry experts joined the conclave for a discussion on the burning topic of transformative leadership and the road ahead for an economic...
UAE Economic & Strategic Outlook
Since the past few years, UAE’s economy had been performing exceptionally well on the back of surge in oil prices and strong growth in...
Abu Dhabi Government reaffirms sovereign support for its state-owned enterprises
The government of Abu Dhabi has noted the recent action taken by Moody’s Investors Service to downgrade the ratings of several Abu...
Licenses issued in Dubai rose 14% in May 2012
The number of trade licenses issued by the Department of Economic Development (DED) in May 2012 reached 1,542, an increase of 14 per cent...
UAE rolls out new initiative to strengthen international competitiveness
Emirates Competitiveness Council signs MoU with National Bureau of Statistics
Ranked among the world’s top destinations to live and do business, the UAE has reiterated...
Dubai Consumer Confidence Index advanced above average
Consumers and business owners in Dubai have stepped into the final quarter of 2012 with renewed confidence and a brighter outlook on jobs and...
Abu Dhabi Economic Outlook – Solid & Sound
Gradual fiscal consolidation is bringing the Abu Dhabi central government fiscal oil break-even price lower, after the spike due to exceptional support to Dubai,...