UAE Economy on Track towards Recovery in 2021
Federal Competitiveness & Statistics Centre reveals preliminary results of economic performance in 2020
The UAE economy performed better than expected in 2020 despite the current...
Global financial crisis set to reduce prospects for economic growth :...
The present global financial crisis will reduce the prospects for the UAE economic growth from high single digit to low single digit growth in...
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...
Gulf population expected to increase by 30% in 7 years
Till 2020, the GCC population is expected to reach 53.5 million, a 30 % increase over the scale from 2000. In the same period,...
Merrill Lynch Fund Manager Survey finds Economic Optimism
Highest since 2003 as investors put cash to work
Questions over imbalances in early stages of recovery
Investor optimism about the global economy has soared...
GCC Economies Witnessing a Golden Age of Progress and Growth
Regional economies are undergoing a positive cycle of improving competitiveness and growth amid higher oil revenues and economic reforms, Majid Jafar tells Davos
Region’s digital...
Demography to play a crucial role in GCC economic growth
GCC economic growth and future is linked to the dynamics of the region’s demography
Dependency ratio will be an issue due to the...
UAE Consumer Confidence Index Decreased for 2nd Consecutive Quarter
United Arab Emirates (UAE) consumer confidence decreased one point to a score of 107 from the second quarter—the second consecutive quarter of declines and...
2013 Predictions: Global Economy to Stabilize
After 2010, the global economy continued its downturn and in 2012 it reached its lowest levels since decades. Many countries went into recession, including...
Fitch Rates UAE Outlook Stable ‘-AA’
Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook.
The move reflects...
Dubai Economy unveils R&D platform initiative to boost competitiveness
Portal will promote innovation partnerships between the industry and academia and enhance productivity in Dubai
R&D collaboration to eventually bring financial benefits to...
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,...
UAE non-oil sector up 3.9% at Dh294 billion in 2008
A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown...
MoE discusses measures to strengthen UAE-German business
His Excellency Sultan Al Mansouri, the UAE Minister of Economy, received in his office in Dubai, His Excellency Jürgen Reinholz Thuringian, Minister of Economy,...
Business confidence falls in Middle East, but not as quickly as...
Business confidence in the Middle East continued to fall in the second quarter of 2015, but not as quickly as it had in the...
Dubai Inflation up 0.82% in August
The monthly consumer price index in Dubai rose another 0.82 per cent in August compared to July, according to a report released by the...
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...
Shift in capital flows gives Dubai a historic opportunity to move...
DIFC Governor says Dubai's strong fundamentals will help it weather the financial crisis in global markets
The current shift in global capital flows gives Dubai...