2011 Forecasts: UAE in Figures
According the Economist, economic growth in UAE will pick up in 2011, but oil production will increase only modestly during a slow recovery in...
UAE Latest Economic Highlights
Traditionally, summer months mark slow business season worldwide, with August officially established as a holiday in many countries. In UAE, business activities continued on...
Recession Receding: Global Consumers More Optimistic Than in 2014
Though consumer confidence scores saw a slowdown between the third and fourth quarters of 2014, people are still finding reasons to see the glass...
Economic Growth Momentum Ticks Up
With stronger improvements in output, new business and employment has contributed to the latest expansion. Meanwhile, backlogs of work increased at the fastest rate...
World Bank cuts global economic forecast for 2016
Souring prospects in the world’s largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut the...
Dubai – Best City for Expats in MENA, 74th Globally
Dubai ranks 74th globally in overall quality of living, making it the number one city in the Middle East and Africa region for...
Businesses in Dubai Foresee Higher Revenues, Stronger Ground Ahead
• Business Confidence Index improves quarter-to-quarter and year-on-year
• Large companies continue to maintain stronger projections
Businesses in Dubai are confident of closing the year on...
IMF Fiscal Monitor: Global Economy Slowing Down
The global economy is slowing amid continued tight financing conditions, announced Vitor Gaspar, Director of the Fiscal Affairs Department at the IMF today (Wednesday,...
Ministry of Economy Reviews New Competition Law to Boost Regulatory Frameworks
The Ministry of Economy organized a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote...
Strong economic outlook for UAE
The underlying economies of both the UAE and GCC region are strong and the outlook for listed companies robust said Tom Healy, Chief Executive...
Al Mansouri emphasizes Government’s focus on further diversifying the economy
His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, has reiterated the UAE Government’s commitment to diversify the economy. He briefed...
Abu Dhabi inflation rate at 3.02 in May
According to the May issue of the Monthly Consumer Price Index (CPI) Report issued by Statistics Centre - Abu Dhabi (SCAD), the year-over-year inflation...
Signaling region’s economic recovery
Rashed Al Baloushi, Deputy CEO of Abu Dhabi Securities Exchange (ADX), confirmed that the UAE capital markets had overcome the consequences of the global...
Trade in Free Zones ‘&’ Markets hits AED 202 billion in...
The trade volume in country's free zones during the first half of the current year reached approximately AED 201.7 billion, compared to same period...
High Oil Prices will constrain Economic Growth
During the last century, cheaper oil prices gave a boost to global economic growth. However, during the last decade, prices for oil surged, and...
Dubai Business Confidence Index Reaches 120.7 Points in Q2 of 2013
Ease of business and improving market conditions boost business confidence in Dubai
Manufacturing sector leads in profit estimates, service sector foresees new jobs while trading...
Dubai inflation hits six-year high
A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services...
UAE Non-oil Growth Accelerates in October
The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index, which covers manufacturing and services, rose to 55.9 in October from 55.1 in September. Above...