“In Dubai we are not good in publicizing what we are...
Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...
SME sector is a major factor of regional economic growth
His Excellency Mohammed Al Gergawi, Minister of Cabinet Affairs and the president of the organizing committee of Middle East SME, a forum for SMEs,...
Roubini sees Policy Risks to`U-Shaped Anemic Recovery’
New York University Professor Nouriel Roubini talks with Bloomberg's Francine Lacqua about the outlook for the global economy. They spoke yesterday in Davos, Switzerland,...
Expo 2020 Dubai to contribute AED122.6 billion to UAE economy
Expo 2020 Dubai and its legacy are expected to contribute AED122.6 billion of gross value added, GVA, to the UAE’s economy from 2013 to...
Al Mansouri Reiterates Commitment to Learning from International Best Practices...
As part of its efforts to streamline the small and medium enterprises (SME) sector in the country and integrating international best practices in sector...
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...
Number of trade licences issued in Dubai grows 27%
Number of licences issued by DED in Q1 2012 grows 27% to 4,343
Highlights the stability and growth of the key economic sectors in the...
Outlook 2020: Global Growth Can Endure Over the Coming Year
Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...
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...
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...
Dubai Holding, Meraas Unveil $272m Relief Package
Dubai Holding, a global investment holding company, and Meraas, Dubai’s premier developer and operator of lifestyle destinations, have announced the launch of an economic...
Global Growth Outlook Stabilized; What’s ahead in 2020?
Global financial conditions have improved across the world, although rising debt levels pose a future threat.
An uneasy cessation of trade hostilities between...
Leading experts to Address key global Challenges at Forum’s second Summit...
1. Dubai welcomes back the World Economic Forum’s Summit on the Global Agenda from 20 to 22 November 2009
2. For more information on the...
Bahrain to Implement VAT Effective 1 January 2019
The parliament in Bahrain has today approved the introduction of Value Added Tax (VAT) which will be effective starting 1 January 2019 at the...
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...
Fitch lowers GCC economic growth forecasts
High oil production and prices will still underpin further robust non-oil growth, said the ratings agency in its newly-published quarterly GCC Sovereign Credit Overview.
Oil...
Abu Dhabi Fund for Development Discusses Investing in Digital Economy
Fund supports WGS 2019 as strategic partner
ADFD honoured by Global Council for Sustainable Development Goals for its efforts in achieving SDGs
Abu Dhabi...
Statement from HH Sheikh Ahmad bin Saeed Al-Maktoum on Dubai World...
"Dubai World has today announced that headline economic terms for its restructuring have been agreed in principle with the Coordinating Committee, accounting for a...