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Global Economy Set to Grow 3.2 Percent in 2018

The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...

‘Dubai Economic Outlook 2012′ Forum on February 15

Department of Economic Development is hosting forum for second consecutive year to discuss macroeconomic and sectoral outlook for Dubai’s economy

Merrill Lynch Fund Manager Survey finds Economic Optimism

Highest since 2003 as investors put cash to work Questions over imbalances in early stages of recovery Investor optimism about the global economy has soared...

Global Economic Weekly: Weak Business and Consumer Sentiment

Weak trade data suggest China is in the midst of a slowdown in domestic demand, but do not point to a "hard landing" scenario....

A Sweeping Overview of Abu Dhabi’s Investment Climate

A new report just produced by the global research and consultancy firm Oxford Business Group (OBG) provides a sweeping overview of Abu Dhabi’s investment...

IMF Revises World Economic Growth Forecasts for 2013-14

The International Monetary Fund forecast slower global economic growth for 2013 and 2014. The reasons for the latest revisions are expectations of a more...

More Than Half Of UAE Residents Feel Expo Will Boost Country’s...

A large majority is likely to attend it and most people are excited to experience ‘innovation’ at the mega event As Dubai is set to...

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...

Dubai Economy Issues 4,692 Instant Licenses To Date

Registration of ‘Native’ workers can be completed through the Instant License Instant License do not need the company’s lease and location for the...

Salary Increase: MoF implementing decisions of UAE President

Ministry of Finance is working on implementing decision issued by UAE President on occasion of UAE’s 40th National Day regarding salary increase

Global Growth Outlook Stabilized; What’s ahead in 2020?

Global financial conditions have improved across the world, although rising debt levels pose a future threat. An uneasy cessation of trade hostilities between...

VAT in UAE Will Curb Unhealthy Consumption

The price of fizzy drinks and tobacco is about to go up. The Federal National Council last week approved a draft law setting up...

A New Dawn for Emerging Markets?

Those betting on emerging markets (EMs) to outperform have often been disappointed. Despite strong growth and supportive demographic and consumer trends, EM equity returns...

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...

Al Mansouri discusses boosting economic ties with Canada

His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, met with Canadian Ambassador Sarah Hardetsky this week to discuss accelerating trade relations...

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

Dubai Inflation Rose on Higher Housing and Utilities Cost

Dubai inflation has reached its peak level since 2011. This is mainly due to the increasing utility costs and rent prices in the emirate,...

Dubai inflation increased 0.9 percent in February

Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...