Dubai Government announces new pricing mechanism for Government services
1. Initiative to be introduced shortly under direction of His Highness Sheikh Mohammed Bin Rashid Al Maktoum
2. Pricing mechanism developed on scientific basis to...
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...
IMF latest annual assessment of UAE economy
Non-oil recovery strengthens, despite weak construction and real estate sectors
Government-related entities still pose risks
Fiscal consolidation should increase government's room for maneuver
Growth in the United...
Business Confidence in Middle East Continues to Fall
Global economic confidence has improved slightly this quarter, despite lagging confidence in the Middle East and the Americas.
According to the latest Global Economic Conditions...
Inflation slows in UAE on declining housing, oil prices
In July, inflation in UAE slowed to 1.3 percent, as residential and oil prices had their biggest monthly drop in more than a year.
Inflation...
The Ruler of Dubai sets up Support Fund
Vice President and Prime Minister of the UAE H. H. Sheikh Mohammed bin Rashid Al Maktoum has issued in his capacity as Ruler of...
Supreme Committee for Consumer Protection discusses measures to manage food...
Committee works to uphold customer interests
His Excellency Sultan Bin Saeed Al Mansouri, Minister of Economy and Chairman of the Supreme Committee for Consumer...
Closing the Loop: Meet Pioneers Turning Global Economy Circular
The latest winners of the World Economic Forum’s Circulars awards demonstrate that a radical transformation is underway of how economic value is created...
UAE Purchasing Managers Index at 29-Month High
Non-oil business activity in the United Arab Emirates increased by the most in over two-years in September. This fact was revealed by HSBC on...
Water Conservation Efforts Double in GCC due to Rising Population, Economic...
Region’s desalination capacity to increase by 40 per cent in next five years
More than half of the world's total desalination output originates...
Dubai inflation rate increases to a three-month high
In October, annual inflation rate in Dubai increased to a three-month high of 0.3 percent.
UAE Consumer Confidence at ‘All-time High’
Consumers in the UAE are more optimistic than ever before, according to the recently released 'MasterCard Index of Consumer Confidence'. The survey reveals that...
“Depending on how debt is managed in Dubai, foreigners will decide...
Growth in the Gulf Cooperation Council states is expected to rise to 4.4 percent in 2010 and 4.7 percent in 2011, the Washington-based Institute...
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...
IMF Forecasts Slow Growth in Developing Nations
The International Monetary Fund warned on Tuesday about persistently slow growth in developing economies. These countries will not soon regain the high rates of...
UAE economy today is much better than yesterday
Current situation of the UAE economy is much better than that of last year according to the International Monetary Fund (IMF), Governor of UAE...
UAE Consumer Confidence Index Scored 115; 39% Believe Recession is Spreading
UAE consumer confidence started 2015 with an index score of 115—an increase of one point from fourth-quarter 2014 and from a year-ago, according to...
Dubai’s Private Sector Growth Slows in July
Business conditions in Dubai’s non-oil private sector improved at a slowest rate in three months in July, according to the monthly survey by Emirates...