web analytics

Dubai inflation rate increases to a three-month high

In October, annual inflation rate in Dubai increased to a three-month high of 0.3 percent.

UAE among Top 10 on Global Consumer Confidence Index

The United Arab Emirates was among the top 10 countries worldwide in terms of consumer confidence, according to The Nielsen Global Consumer Confidence Index

UAE Quarterly Economic Outlook

The UAE continues to be immune to the regional civil unrest.

UAE hosts 91st GCC Financial and Economic Committee Meeting

The UAE will be hosting the 91st GCC Financial and Economic Committee Meeting which will be headed by HH Sheikh Hamdan bin Rashid Al...

UAE Real GDP growth seen at 4.2 pct in 2011

The United Arab Emirates' economy is expected to grow by 4.2 percent in real terms this year, according to the National Bureau of Statistics. Real...

62% of UAE employees believe their income is not balanced with...

The latest results from the recent Consumer Confidence Index survey carried out by Bayt.com, the Middle East's number one job site, and research and...

Economy faces New Recession

The U.S. economy is headed for another recession that government intervention cannot prevent, according to the Economic Cycle Research Institute. Such downturns will occur...

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...

UAE Latest Economic Highlights

Traditionally, summer months mark slow business season worldwide, with August officially established as a holiday in many countries. In UAE, business activities continued on...

Dubai crowned as ‘Middle East City of the Future’

City leads in Economic Potential, Infrastructure and Business Friendliness in ranking by fDi magazine Dubai has been crowned once again as the ‘Middle East...

UAE inflation at 2.5% over the first seven months of 2011

Statistics Center - Abu Dhabi issued its periodic report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu...

Inflation slows in UAE on declining housing, oil prices

In July, inflation in UAE slowed to 1.3 percent, as residential and oil prices had their biggest monthly drop in more than a year. Inflation...

574 new companies register with RAK FTZ in Q2, 2011

New registrations up 30% in first half of 2011 compared to last year Total revenue at RAK FTZ increased by 4% in Q2 of 2011 The...

Manufacturing Sector contributes 13% to Dubai’s GDP

Dubai’s Direct Exports valued at AED68 billion in 2010 Owing to increased government support and funding, the UAE’s manufacturing sector was among the largest non-oil...

UAE’s alternative energy projects up to US$100b by 2020

Globally, the total alternative investments could reach US$1.5 billion by 2010.

HH Sheikh Mohammed bin Rashid: National economy solid

The UAE's economy is robust and is based on solid foundations and a long-term vision, Vice President and Prime Minister and Ruler of Dubai...

Consumer Prices rise by 2.5%

Abu Dhabi has issued its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for...

Dubai set up a $5 billion Euro Medium Term Note Program

Dubai set up a $5 billion Euro Medium Term Note Program. Dubai Government hired Emirates NBD PJSC, National Bank of Abu Dhabi PJSC, UBS AG,...