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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...

UAE climbs three spots in Growth Promise Indicators report

The UAE ranked as high as 22nd from among 180 countries overall, and ahead of other Middle Eastern countries. The nation’s macroeconomic stability, openness,...

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...

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...

Dubai ranked most competitive in Middle East

Dubai has the most competitive economy in the Middle East and ranks higher for its competitiveness than Japan, Germany, France or New Zealand, according...

GCC Economies to Grow 14.51 per cent in 2021

Citing IMF figures, GCC Countries Macroeconomic Indicators report notes region’s nominal GDP to reach USD 1.6 trillion this year. COVID-19 vaccine rollout & upcoming mega...
According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will account for 53% of the entire e-commerce transactional volume by 2025.

53% Of Online Shopping To Be Done By Digital Wallets By...

Mobile/digital wallets have become a mainstay of online payments within a short period of time. According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will...

Dubai Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...

Stocks Vs. Economy

Stocks bottom before the economy does.

Small and Medium Enterprises Hold Key to Regional Economic Growth

A special report by Allied Investment Partners, however, reveals that with adequate financing and investor uptake still lacking, regional economic growth will remain sluggish As...

UAE one of the top most confident countries in the world...

The UAE is one of the top three most confident countries in the world on trade activity and growth, and traders in the country...

Global economy slowing, could get worse

International Monetary Fund Managing Director Christine Lagarde warned the global economy was slowing. She said the situation could get worse, because Europe was not...

Business confidence in Dubai soars on rebound in key sectors

Economic activity and outlook demonstrates stable growth and move towards sustainability The economy of Dubai looks set to sustain its growth momentum with investor confidence...

UAE Ministry of Economy focuses on consumer rights awareness with Fifth...

The UAE Ministry of Economy today launched the Fifth Gulf Consumer Protection Day under the Theme "Be Aware of Your Rights". The...

UAE ranks third-most competitive economy in the region

The UAE ranks as the third-most competitive economy in the region after Qatar and Saudi Arabia, the latest study by Dubai Chamber of Commerce...

Gulf economies poised for recovery in 2010, forecasts Emirates NBD

Global economy consolidating after ‘V’ shaped market recovery; withdrawal of stimulus to be key theme in 2010 Growth in...

World Economic Outlook 2022: Global Growth Downgraded

Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced...

Economists, businesspersons upbeat about high credibility of Dubai economy

Economists and businesspersons are upbeat about the launching of US$20 billion long term bond programme by Dubai Government, saying the move reflects the UAE...