Inflation in Dubai slows to 5.4pc
Dubai's inflation rate slowed to 5.4 per cent in the first five months of 2009, compared to 8.7 per cent a year earlier, the...
Tax reform in the GCC approaching
Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...
Biggest ever Brainstorming on the Global Agenda ends with call for...
1. In the wake of the global financial crisis, the world needs to examine its basic operating systems and aim for a “fundamental rebootâ€,...
UAE ranked 37th in innovation performance
For the second year running, Qatar and the UAE lead the Middle East in overall innovation performance, according to the Global Innovation Index 2012...
UAE’s Consumer Price Index Down in February 2013
The overall Consumer Price Index (CPI) dropped 0.15% to 117.24 in February from 117.41 in January 2013, and with comparison with the base year...
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...
UAE Central Bank Expects Recovery of Economic Activity in H2 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year.
The first...
Dubai Economy Grew 2.7% in 2016; Expected to Rise to 3.1%...
The economy of Dubai grew by 2.7% in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many...
UAE consumer prices decline 0.16% in February
On the path of Deflation?
The UAE's National Bureau of Statistics said in a statement that consumer prices in the country declined 0.16 percent...
Economy expected to contract 0.6 percent this year
The UAE Central Bank will keep interest rates low in 2009 as the Arab world’s second- biggest economy contracts due to falling oil prices,...
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.
Dubai inflation hits six-year high
A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services...
A Sweeping Overview of Abu Dhabi’s Investment Climate
A new report just produced by the global research and consultancy firm Oxford Business Group (OBG) provides a sweeping overview of Abu Dhabi’s investment...
Initiatives aiming at stabilizing market prices discussed
H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...
Moody’s cuts growth forecasts for emerging economies
Moody's Investors Service on Thursday downwardly revised growth forecasts for Group of 20 emerging economies, citing a troubled external environment and weaker domestic demand....
UAE To Create New Task Force for Digital Economy
Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears
Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development
The...
GCC Countries Back on Path to Economic Growth
More reforms needed to achieve economic diversification and to improve competitiveness
Following a year of economic distress, Gulf Cooperation Council (GCC) economies are expected to...
IMF Cuts Global Growth Forecasts
An unexpected decline in output in the United States prompted the International Monetary Fund to lower the global growth forecast for this year. In...