Recession or Depression?
A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...
UAE proposes fresh initiatives to tackle crisis
The UAE ministry of economy has proposed a new set of initiatives to strengthen the economy and minimise the impact of the global financial...
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...
Dubai tops ‘Middle East Cities of the Future’ ranking by fDi...
Economic potential, business friendliness, infrastructure and quality of life earn high scores
Evaluation by experts on the basis of 76 criteria
Testimony to DED’s efforts in...
Price of milk products to be reduced by 15 per cent...
Following discussions with the UAE Ministry of Economy, Nestle has agreed to reduce the prices of milk products by 15% starting from today January...
UAE Ministry of Economy strengthens co-ordination with suppliers to reduce prices
Price of milk powder reduced
The UAE Ministry of Economy will strengthen its co-ordination with the suppliers of various essential commodities to ensure that...
Income tax in the pipeline
During the GCC summit in Muscat, Oman, the six Gulf nations have agreed in principle to implement corporate and individual income tax by 2012...
UAE Cabinet approves new organisational structure of the Ministry of Economy
Al Mansouri: New structure guarantees excellence and achieving ministry’s strategic objectives
The UAE Cabinet has approved the new organisational structure of the Ministry of Economy...
Dubai Economic Department signs MoU with Islamic Corporation for the Development...
The Dubai Department of Economic Development (DED) and The Islamic Corporation for the Development of the Private Sector (ICD) signed a Memorandum of...
UAE economy has overcome many regional crises
A senior official of Emirates NBD bank confirmed the strong standing of the UAE economy in overcoming the challenges that the global financial crisis...
Outlook on few Government-related entities negative on deteriorating economic outlook
Dubai's long-term economic prospects remain solid
GDP growth will slow to around 6% in 2009
Standard & Poor's Ratings Services said it revised its outlook...
Diversification of economy and policy of openness drive UAE’s growth as...
HE Sultan Bin Saeed Al Mansouri, Minister of Economy said that concerted efforts to diversify the economy and a policy of openness adopted by...
Initiatives aiming at stabilizing market prices discussed
H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...
Global economy enters recession
According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...
Biggest ever Brainstorming on the Global Agenda ends with call for...
1. In the wake of the global financial crisis, the world needs to examine its basic operating systems and aim for a “fundamental rebootâ€,...
UAE Banks will continue financing the economic sector
Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...
Minister of Economy emphasizes the UAE’s role in maintaining highest quality...
His Excellency Sultan Bin Saeed Al Mansouri, the UAE Minister of Economy, received the new General Secretariat of the Gulf Standardization Authority, Dr...
Dubai to host The World Economic Forum
1. The inaugural Summit of the Global Agenda held in partnership with the Government of Dubai will take place in Dubai from 7 to...