Signaling region’s economic recovery
Rashed Al Baloushi, Deputy CEO of Abu Dhabi Securities Exchange (ADX), confirmed that the UAE capital markets had overcome the consequences of the global...
Trade in Free Zones ‘&’ Markets hits AED 202 billion in...
The trade volume in country's free zones during the first half of the current year reached approximately AED 201.7 billion, compared to same period...
High Oil Prices will constrain Economic Growth
During the last century, cheaper oil prices gave a boost to global economic growth. However, during the last decade, prices for oil surged, and...
Dubai Business Confidence Index Reaches 120.7 Points in Q2 of 2013
Ease of business and improving market conditions boost business confidence in Dubai
Manufacturing sector leads in profit estimates, service sector foresees new jobs while trading...
Dubai inflation hits six-year high
A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services...
UAE Non-oil Growth Accelerates in October
The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index, which covers manufacturing and services, rose to 55.9 in October from 55.1 in September. Above...
Economy Diversifies to Boost Growth in 2020
A survey of nearly 440 senior accountancy experts on economic conditions in MESA showed a recovery in confidence in Q4. A revival in growth...
World Free Zones Organization to Boost Free Zones’ Role in Global...
New ‘Free Zone Laboratory’ designed to develop free zone operations led by industry experts. In a first of its kind initiative aimed at empowering free...
UAE Consumer Confidence rose in Q2 of 2016; Highest in MENA...
The United Arab Emirates’ second-quarter score reversed a four-point decline in the first quarter with a five-point increase to 109, making it highest in...
Chairman of Swiss UBS considers outlook of UAE economy as ”promising”
Today, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum received Mr. Kaspar Villiger, Chairman of Swiss UBS AG.
The meeting reviewed activities of the...
No more discounted fines for businesses in Dubai
DED says June 30 last date to make use of discounted fines on business establishments
The Department of Economic Development (DED) in Dubai has reminded...
Latest UAE economy highlights
The Dubai Shopping Festival in 2011 contributed AED 15.5bn, with AED 5.9bn spent by regional and international visitors, according to a report released by...
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...
How to Achieve Growth in the Middle East and North Africa
A thriving private sector is essential to drive sustainable economic growth.
Economic integration will make MENAP a more competitive region.
Selective deregulation, free...
Dubai Government Agencies To Cut Spending, Freeze Hiring
In response to the coronavirus outbreak, Dubai’s department of finance has directed all government agencies to slash capital spending and halt new hiring until...
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...
Inflation in Dubai slows to 5.4pc
Dubai's inflation rate slowed to 5.4 per cent in the first five months of 2009, compared to 8.7 per cent a year earlier, the...
UAE business activity hits 15-month low in August
Growth of the business activity in the private sector in UAE slowed to a 15-month low in August, according to the HSBC UAE Purchasing...