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Economy Diversifies to Boost Growth in 2020

A survey of nearly 440 senior accountancy experts on economic conditions in MESA showed a recovery in confidence in Q4. A revival in growth...

World Free Zones Organization to Boost Free Zones’ Role in Global...

New ‘Free Zone Laboratory’ designed to develop free zone operations led by industry experts. In a first of its kind initiative aimed at empowering free...

UAE Consumer Confidence rose in Q2 of 2016; Highest in MENA...

The United Arab Emirates’ second-quarter score reversed a four-point decline in the first quarter with a five-point increase to 109, making it highest in...

Chairman of Swiss UBS considers outlook of UAE economy as ”promising”

Today, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum received Mr. Kaspar Villiger, Chairman of Swiss UBS AG. The meeting reviewed activities of the...

No more discounted fines for businesses in Dubai

DED says June 30 last date to make use of discounted fines on business establishments The Department of Economic Development (DED) in Dubai has reminded...

Latest UAE economy highlights

The Dubai Shopping Festival in 2011 contributed AED 15.5bn, with AED 5.9bn spent by regional and international visitors, according to a report released by...

UAE and Saudi Arabia continue to witness stable economic activity

The latest Crédit Agricole Private Banking research report, ‘Macro Comment – MENA Update’, observed that the UAE and Saudi Arabia continue to witness stable...

How to Achieve Growth in the Middle East and North Africa

A thriving private sector is essential to drive sustainable economic growth. Economic integration will make MENAP a more competitive region. Selective deregulation, free...
Dubai Government Agencies To Cut Spending, Freeze Hiring

Dubai Government Agencies To Cut Spending, Freeze Hiring

In response to the coronavirus outbreak, Dubai’s department of finance has directed all government agencies to slash capital spending and halt new hiring until...

Global Economy Set to Grow 3.2 Percent in 2018

The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...

Inflation in Dubai slows to 5.4pc

Dubai's inflation rate slowed to 5.4 per cent in the first five months of 2009, compared to 8.7 per cent a year earlier, 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...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

Cautious Optimism for 2016 Global Economy

Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy...

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 Protection,...

The UAE highlights investment opportunities to Bottom Saxony delegation

Minister of Economy emphasizes the strength of UAE Economy and Commends ability of Dubai economy to deal with global challenges Invites Airbus...

GCC’s economic outlook indicates robust growth

A recently released analysis by Dubai Chamber of Commerce and Industry indicated a solid recovery outlook for GCC countries as their real GDP growth...

Executive booklet on FNC elections 2011 released

The National Election Committee has issued the executive booklet for the Federal National Council (FNC) elections 2011 in order to enhance general awareness among...