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New Draft Law on UAE Companies approved

The UAE Cabinet on Sunday approved the new draft law on companies, which aims to enhance the flexibility and strength of the national economy

Dubai to host The World Economic Forum

1. The inaugural Summit of the Global Agenda held in partnership with the Government of Dubai will take place in Dubai from 7 to...

UAE and Saudi Arabia continue to witness stable economic activity

The latest Crédit Agricole Private Banking research report, ‘Macro Comment – MENA Update’, observed that the UAE and Saudi Arabia continue to witness stable...

‘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
Steady growth and ambitious development plans in the next 50 years, Al Tamimi Investments, one of Dubai’s leading venture capital firms, projected recently.

UAE’s Strong Economy to Pull in More Foreign Investments in Coming...

Country’s efforts to diversify economy yielding significant dividends. Robust investment flows to the UAE are expected in the coming years on the back of the...

Dubai issues 14,360 business licences in 2011

Robust licensing activity reflects stability and growth across key economic sectors in the emirate Key economic sectors and economic activity in Dubai remained stable and...

U.A.E. Economy to contract 2.4% this year according Credit Suisse

The economy of the United Arab Emirates, the second largest in the Arab world, will contract by 2.4 percent this year as crude oil...

Abu Dhabi inflation rate at 3.02 in May

According to the May issue of the Monthly Consumer Price Index (CPI) Report issued by Statistics Centre - Abu Dhabi (SCAD), the year-over-year inflation...

Income tax in the pipeline

During the GCC summit in Muscat, Oman, the six Gulf nations have agreed in principle to implement corporate and individual income tax by 2012...

Economic Recovery in Slow Motion

Don’t count on the average consumer to bail out the local economy, not just yet! Consumers will continue to get caught up in post-recession measures...

Dubai tops ‘Middle East Cities of the Future’ ranking by fDi...

Economic potential, business friendliness, infrastructure and quality of life earn high scores Evaluation by experts on the basis of 76 criteria Testimony to DED’s efforts in...

Economic Impact of COVID-19 Around The World

UK to pay up to 80% of employee wages for those unable to work due to the pandemic. US lawmakers continue negotiations over...

Sri Lanka Business Council event highlights investment opportunities in Sri Lanka

The Sri Lanka Business Council (Dubai & Northern Emirates) hosted a successful dinner and networking event last week to discuss investment opportunities and to...

Dubai registers a 15% rise in business licenses issued in August...

The Department of Economic Development (DED) witnessed a 15 per cent increase in licenses issued in August 2013 compared to the same month of...

Consumer prices rose by 1.9% during the first 11 months of...

Statistics Centre - Abu Dhabi, issued today its periodic report on the Consumer Price Index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the first 11 months of 2011 and the month of October 2011.

Economy expected to contract 0.6 percent this year

The UAE Central Bank will keep interest rates low in 2009 as the Arab world’s second- biggest economy contracts due to falling oil prices,...

Dubai set up a $5 billion Euro Medium Term Note Program

Dubai set up a $5 billion Euro Medium Term Note Program. Dubai Government hired Emirates NBD PJSC, National Bank of Abu Dhabi PJSC, UBS AG,...

Current Backdrop in Inflation could trigger Hyperinflation in two years from...

The latest BofA Merrill Lynch Global Research report, titled “BofA ML Economics – Global Economic Weekly: Cooling Core” dated 8 March, authored by the...