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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...

GCC branches granted equality to local companies

UAE cabinet today gave its nod for GCC companies to open branches in the UAE and achieve full equality between their branches and those of national counterparts.

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.

Dubai business upbeat on sales and profits in Q1 of 2012

The composite Business Confidence Index (BCI) in the emirate rose by 16% to more than 133 points in the final quarter of 2011 compared to the previous quarter

Salary Increase: MoF implementing decisions of UAE President

Ministry of Finance is working on implementing decision issued by UAE President on occasion of UAE’s 40th National Day regarding salary increase

DED forms two committees for grievances on licensing & permits and...

The Department of Economic Development (DED) in Dubai has formed two committees to redress grievances relating to licensing and permits procedures; and commercial compliance and inspection.

Consumer confidence rising further during last quarter of 2011

The overall consumer confidence index in Dubai increased 15 points to 125 over the last quarter of 2011 compared to the third quarter, according to the quarterly Consumer Confidence Index (CCI) of the Department of Economic Development (DED).

Penalties on businesses in Dubai reduced

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai , with his capacity issue decree to reduce penalties on businesses in Dubai.

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...

Dubai SME seminar highlights the need to differentiate for business success

Dubai SME, an agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprises (SME) sector, recently hosted...

UAE Consumer Price Index decreased by 0.02% in November 2011

The overall Consumer Price Index (CPI) for the United Arab Emirates (U.A.E) reached 116.65 in November 2011, and with comparison with the base year (2007 =100), according to a press release issued by the National Bureau of Statistics.

UAE economy owns ability to compete within economic changes in 2012

UAE economy is able to enhance the UAE’s competitive position during 2012 through its ability to deal with the economic variables of the financial crisis taking place in both Europe and the US.

Consumer prices rose by 1.9% during the first 11 months of...

Statistics Centre - Abu Dhabi, issued today its periodic report on the Consumer Price Index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the first 11 months of 2011 and the month of October 2011.

UAE rolls out new initiative to strengthen international competitiveness

Emirates Competitiveness Council signs MoU with National Bureau of Statistics Ranked among the world’s top destinations to live and do business, the UAE has reiterated...

New Draft Law on UAE Companies approved

The UAE Cabinet on Sunday approved the new draft law on companies, which aims to enhance the flexibility and strength of the national economy

UAE among world’s 25 Rapid Growth Markets

25 Rapid Growth Markets (RGMs) to grow by an average of 6.2% this year and by 5.9% in 2012, compared with 1.6% growth for the Eurozone this year falling to 0.6% next year.

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.

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...