Recessionary Sentiment Prevails in MENA Region
UAE’s Consumer Confidence ends 2015 on a slightly higher note
UAE has the highest score in Africa/ Middle East region
UAE led the way for Middle...
“Just a little inflation” does not exist
Some people think that a little inflation is all the economy needs to break out of the doldrums. However, what they don’t realize is...
Supreme Committee for Consumer Protection discusses measures to manage food...
Committee works to uphold customer interests
His Excellency Sultan Bin Saeed Al Mansouri, Minister of Economy and Chairman of the Supreme Committee for Consumer...
Dubai Economy Asks Businesses Not to Hike Prices Ahead of VAT
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has called on retailers in Dubai not to use the VAT (value added...
17% increase in business licenses issued in Dubai
The Dubai Department of Economic Development (DED) issued 1,507 business licences for various types of businesses in Dubai in March 2012, a 17% increase...
COVID-19 Risks Outlook: Challenges and Opportunities
Economic distress and social discontent will rise over the next 18 months unless world leaders, businesses and policy-makers work together to manage the fallout...
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...
Revenues from UAE’s Federal Government Service Transactions Rose 4.2% in Q1...
The Ministry of Finance (MoF) announced that the federal government revenue collected through e-Dirham reached more than AED2 billion in Q1 2016, up 4.2...
UAE focused on joint efforts to strengthen Arab economy
The UAE Minister of Economy His Excellency Sultan Bin Saeed Al Mansouri stressed that joint efforts to further strengthen the Arab economy...
UAE Private Sector Growth Slows in June
Growth of business activity in the UAE's non-oil private sector slowed in June from a three-month high in the previous month, as expansion of...
Optimism about Businesses in Dubai in Q4 on The Rise
Businesses in Dubai expect a stronger performance in the last quarter of 2011, according to the findings of the most recent quarterly survey conducted by the Department of Economic Development.
No plans to de-peg Dirham from Dollar
The UAE has no intention to de-peg the UAE Dirham from the US Dollar and to join the GCC monetary Union, Governor of the...
UAE Banks will continue financing the economic sector
Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...
Corporate governance is the key to Dubai’s growth
Highlighting the sustained expansion and diversification of Dubai's economy over the past several years, Mohammed Ibrahim Al Shaibani, Board member and Chief Executive Officer...
UAE the Best Arab Country for Starting New Business
The United Arab Emirates was found to be the best Arab country for starting new business and investment projects. That conclusion was made by...
UAE Safe Haven for Investors
Investors' trust in the UAE business environment reflects the country's resilient and diversified economy, said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice...
UAE Liquidity Squeeze
The near-term direct impact of lower oil prices on UAE is more muted than for GCC peers. However, the indirect impact through lower regional...
Further decline in business activity across Dubai’s private sector
Private sector companies based in Dubai signalled the first deterioration in overall operating conditions since data collection began in 2010 during February. At 48.9,...