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...
Fiscal Monitor Report: Food and Energy Crisis
Countries are facing tough choices when dealing with the impact of rising inflation, lingering pandemic, and historically high debt levels, the IMF said in...
Global Financial Stability Report 2022 Soundbites
Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine, the...
FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...
Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7%
The foreign direct investment (FDI) inflows to the UAE recorded...
UAE Ranked First Globally in 22 Indicators, Global Competitiveness Report
The UAE is one of the world's top 20 economies in terms of FDI. AIM 2022 will explore pivotal themes, including mainstreaming Environmental, Social...
UAE’s Transition to 4-And-Half Day Work Boosts its Drive to Become...
Virtue PR & Marketing Communications said that the UAE’s strategic step of reducing the working weekdays to 4.5 and moving the weekend to Saturday...
Emirates Investment Summit ‘Investopia’ to Link Economy of the Present to...
Inaugural edition of the Summit falls under the ‘Projects of the 50’
H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, announced that the...
1st Commercial Entity to Fully Integrate into Dubai’s Recently Launched Dubai...
Dubai Raffles, the first-of-its-kind digital platform launched by Dubai Economy earlier this year, to fully manage raffle draws along with all other types of...
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 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...
UAE Announces ‘The Principles of The 50’ to Pave Economic, Political...
The UAE announced ‘The Principles of the 50’, as part of the ‘Projects of the 50’ campaign, to chart the strategic roadmap for 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...
Dubai Poised For Rapid Contactless Economy Growth
Dubai Internet City business partners driving mass adoption of contactless payment technologies in the region.
Visa’s innovation centre at Dubai Internet City supports the company’s...
Economic Recovery Will Take Two Years, Experts at ABLF Talks
The Fifth Virtual Conclave of the ABLF Talks saw participation by Chairwoman of UAE Space Agency H.E. Sarah bint Yousef Al Amiri, hospitality magnate...
Effective June 1st, UAE Commercial Companies Law allows 100% Foreign Ownership
UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, allowing foreign investors and entrepreneurs...
DBWC, DED Collaborate on Supporting and Empowering Women Entrepreneurs
The Dubai Business Women Council (DBWC) has signed a memorandum of understanding with the Department of Economic Development (DED) with the aim of enhancing...
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...
Rollout of Vaccines Puts Huge Uncertainty around All Economic Views
The end of the past financial year has been interesting in terms of what has happened within markets as well as between markets. At...
