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,...
Dubai Government Debt at $31.4 billion
According to an investor presentation made Friday by the Dubai's department of finance, the total outstanding external term borrowings of the Government of the...
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...
Balance between short-term needs and long-term strategy essential
Short-term thinking has hit the headlines in recent years as the catalyst for the recent economic crisis. As regional business continues to evolve at...
GCC growth to exceed 5% in 2011, World Bank
Gulf Cooperation Council (GCC) countries are on course to maintain a strong economic growth exceeding five per cent in 2011, the World Bank said...
IMF warns UAE on risk from debt-laden entities
While the economic recovery in the United Arab Emirates is gaining strength, the International Monetary Fund Monday warned about the risk posed by debt-laden...
Executive booklet on FNC elections 2011 released
The National Election Committee has issued the executive booklet for the Federal National Council (FNC) elections 2011 in order to enhance general awareness among...
Signaling region’s economic recovery
Rashed Al Baloushi, Deputy CEO of Abu Dhabi Securities Exchange (ADX), confirmed that the UAE capital markets had overcome the consequences of the global...
Dubai: Inflation up 0.74% in Q1, 2011
Inflation rate in the Emirate of Dubai rose to record 0.74 % in the first quarter of 2011 compared to the same period of...
UAE: Seventh on government spending efficiency by World Economic Forum
The UAE is ranked seventh in the world in terms of efficiency of government spending in the 2010-2011 Global Competitiveness Report of the World...
Dubai inflation increased 0.9 percent in February
Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...
Sheikh Mohammed comments on UAE Economy
"The past is over; we must look to the future"
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid...
Dubai inflation rose 0.4 percent
Dubai inflation rose to 0.4 percent on an annual basis in January.
However, the living costs in the emirate fell slightly from the previous month...
Economic Recovery in Slow Motion
Don’t count on the average consumer to bail out the local economy, not just yet!
Consumers will continue to get caught up in post-recession measures...