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Consumer confidence in Dubai strengthens on better job prospects

Survey shows 90% of consumers happy with the current state of economy and 95% anticipating stronger economic performance in 2013 Optimism is running deep while...

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...

Dubai World Trade Centre marks 40th anniversary; Strengthens city’s position as...

Forged by the bold vision of the city’s founding father, Sheikh Rashid bin Saeed Al Maktoum, Dubai World Trade Centre (DWTC) today is...

UAE Announces ‘The Principles of The 50’ to Pave Economic, Political...

The UAE announced ‘The Principles of the 50’, as part of the ‘Projects of the 50’ campaign, to chart the strategic roadmap for the...

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,...

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...

Nouriel Roubini: Limited Risk of Global Recession and Financial Crisis

Global recession and financial crisis unlikely following Brexit fallout, but mediocre growth is the new normal Rise of nationalism and populism worldwide threatens...

FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...

Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7% The foreign direct investment (FDI) inflows to the UAE recorded...

DED supports Chilean Business Week to explore bilateral business opportunities

The Department of Economic Development (DED) and its Foreign Investment Office (FIO) are endorsing a delegation of Chilean entrepreneurs headed by the Chilean...
The UAE will set up a task force to create a next-generation economy structure for 2050-2060.

UAE To Create New Task Force for Digital Economy

Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development The...

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...

World Bank Cuts Global Growth Outlook

The global economy will growth 2.4% this year, the World Bank predicts, amid troubles in both emerging markets and developed nations. The World Bank marked...

Small and Medium Enterprises Hold Key to Regional Economic Growth

A special report by Allied Investment Partners, however, reveals that with adequate financing and investor uptake still lacking, regional economic growth will remain sluggish As...

Shift in capital flows gives Dubai a historic opportunity to move...

DIFC Governor says Dubai's strong fundamentals will help it weather the financial crisis in global markets The current shift in global capital flows gives Dubai...

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...

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 economy has proven its strength in times of crisis and...

His Excellency Sultan Bin Saeed Al Mansouri, Minister of Economy, said the UAE economy has proven its strength in the times of crisis...

UAE’s Transition to 4-And-Half Day Work Boosts its Drive to Become...

Virtue PR & Marketing Communications said that the UAE’s strategic step of reducing the working weekdays to 4.5 and moving the weekend to Saturday...