Debt restructuring is normal business response
HE Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, stated today that debt restructuring is a normal business response and the decision by...
UAE’s diversification policy drives sustained economic growth, says Al Mansouri
His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, said the diversification initiatives of the UAE Government drive the sustained growth momentum...
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...
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
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...
IMF Managing Director Christine Lagarde Discusses Economic Challenges with GCC Countries
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Qatar...
‘Britain is open for business’
British Embassy in partnership with Crowe Horwath hosted a key meeting aimed at enlightening existing and potential entrepreneurs on the challenges and opportunities of...
IMF Raises 2017 Outlook for Global Economic Growth
The International Monetary Fund has raised its outlook for global economic growth, citing a post election surge in confidence in the United States, better...
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...
Statement from HH Sheikh Ahmad bin Saeed Al-Maktoum on Dubai World...
"Dubai World has today announced that headline economic terms for its restructuring have been agreed in principle with the Coordinating Committee, accounting for a...
Inflation in Dubai down 0.03% in February
Overall inflation of Consumer Price Index (CPI) in Dubai dropped by 0.03% in February 2013 compared to the same period in 2012, driven by...
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...
Inflation up 0.7 percent in the first two months of 2012
Abu Dhabi (SCAD) issued today its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi...
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...
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...
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...
Outlook 2020: Global Growth Can Endure Over the Coming Year
Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...
Tech-Led Strategies for Economic Recovery
Leaders and industry experts joined the conclave for a discussion on the burning topic of transformative leadership and the road ahead for an economic...