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...
More than half people worldwide believe there is a recession
More than half (55%) of respondents around the world believed they were in recession in the fourth quarter of 2015, a modest increase from...
UAE Consumer Confidence Rose to 110 – Highest Regionally
United Arab Emirates (UAE) posted a consumer confidence increase of two points in the second quarter, reaching an index score of 110 -- the...
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...
UAE economy ‘to recover faster than other nations’
The UAE is expected to recover from the global financial distress faster than other economies given its enormous wealth and experience in crisis management,...
2011 Forecasts: World’s population will reach 7 billion in 2011
Rate of population growth will slow
With 267 people being born every minute and 108 dying, the world’s population will top seven billion next year,...
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...
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...
Dubai Inflation up 0.82% in August
The monthly consumer price index in Dubai rose another 0.82 per cent in August compared to July, according to a report released by the...
Dubai Poised For Rapid Contactless Economy Growth
Dubai Internet City business partners driving mass adoption of contactless payment technologies in the region.
Visa’s innovation centre at Dubai Internet City supports the company’s...
Price of milk products to be reduced by 15 per cent...
Following discussions with the UAE Ministry of Economy, Nestle has agreed to reduce the prices of milk products by 15% starting from today January...
Dubai is, and will continue to be, a strong and vibrant...
Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Supreme Fiscal Committee (SFC) reassured investors, financial and trade creditors, employees, and citizens all...
Ministry of Economy to introduce new laws to enhance business competitiveness
New laws to cover Foreign Investment, Competition, Certificate of Origin, Arbitration, Industry Affairs Regulation, Amendment of Industrial Ownership,...
Summit on the Global Agenda to host first-ever Open Forums for...
The Summit on the Global Agenda, to be held from Nov. 28 to Dec. 1, 2010, in Dubai in co-operation with World Economic Forum...
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...
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...
What is the economic outlook for Middle East and North Africa?
Back in January we were cautiously optimistic about the global economy, now we are cautious.
Given that the global economy is basically slowing down, the...
Dubai’s Private Sector Business Activity Signals Robust Growth
January data signaled the strongest improvement in non-oil private sector business conditions for nearly two years.
This was highlighted by the seasonally adjusted Emirates NBD...