IMF updates economic outlook for MENAP
IMF expects GCC to continue to be regional growth driver with GDP growth projected at 5.3% in 2012
Continued growth across the MENA region in...
Saxo Bank Warns of Possible Global Economic Slowdown
The GCC states are likely to face economic challenges this year due to the increased risk of a global economic slowdown created by global...
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...
Business Activity in Dubai Improves; Jobs Creation Marginal
The improvements in the overall business conditions in Dubai’s non-oil private sector gathered steam in June, with the seasonally adjusted Emirates NBD Dubai Economy...
Water Conservation Efforts Double in GCC due to Rising Population, Economic...
Region’s desalination capacity to increase by 40 per cent in next five years
More than half of the world's total desalination output originates...
UAE Purchasing Managers Index at 29-Month High
Non-oil business activity in the United Arab Emirates increased by the most in over two-years in September. This fact was revealed by HSBC on...
Dubai Economy Grows 2.1% in H1 2019
Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...
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...
Davos: U.A.E. to grow 4 percent in 2012, Al Mansouri
United Arab Emirates Economy Minister Sultan al-Mansouri talks about the outlook for the country's economy.
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...
Emaar Chairman hails announcement by Supreme Fiscal Committee
Following the announcement today by the Dubai Supreme Fiscal Committee that the Government of Abu Dhabi will provide US$10 billion to the Dubai...
New UBS Report Reveals Key Factors for Emerging Markets Competitiveness
UAE economy on a recovery path thanks to ongoing fiscal stimulus measures, spending related to hosting Dubai Expo 2020, rate cuts, and continuing diversification...
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...
Business confidence in Dubai soars on rebound in key sectors
Economic activity and outlook demonstrates stable growth and move towards sustainability
The economy of Dubai looks set to sustain its growth momentum with investor confidence...
Dubai Consumer Confidence Index remain above average
Overall consumer confidence in Dubai remained robust during the second quarter of 2012, driven largely by a positive outlook on personal finance and strong...
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 Inflation Index Rose 0.76% June 2016
The monthly inflation in the prices of goods and services, part of consumers' basket in the Emirate of Dubai, rose by 0.76 percent in...
UAE Ministry of Economy announces start of fourth Gulf Consumer Protection...
The UAE Ministry of Economy (MoE), today, announced the start of the fourth Gulf Consumer Protection Day, at a press conference held in Abu...