UAE Economy Forecast to Grow by 3.8%
• New analysis on outlook for UAE and global economies released during recent business seminar at Dubai Chamber
• MENA region accounts for the largest...
The Impact of Corona on GCC and The Global Economy
The GCC economy depends heavily on revenues from the sale of oil and its derivatives on the world market. Complicating the situation, the GCC...
Emaar Chairman hails announcement by Supreme Fiscal Committee
Following the announcement today by the Dubai Supreme Fiscal Committee that the Government of Abu Dhabi will provide US$10 billion to the Dubai...
China slowdown not solely responsible for market volatility
The slowdown in the Chinese economy is one factor contributing to global market volatility
Investors and economists everywhere are worried about the interest rates of...
Dubai Economy Asks Businesses Not to Hike Prices Ahead of VAT
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has called on retailers in Dubai not to use the VAT (value added...
Dubai Consumer Confidence Index remain above average
Overall consumer confidence in Dubai remained robust during the second quarter of 2012, driven largely by a positive outlook on personal finance and strong...
Dubai inflation increased 0.9 percent in February
Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...
Prices of basic commodities up by 12.43 percent
Figures from Abu Dhabi's Department of Planning and Economy (DPE) have revealed that prices of basic commodities went up by 12.43 percent between June...
Global Warming May be Twice What Climate Models Predict
Future global warming may eventually be twice as warm as projected by climate models under business-as-usual scenarios and even if the world meets the...
Mohammed Bin Rashid Establishment for Young Business Leaders highlights governmental support...
The Government Purchase Programme at Mohammed Bin Rashid Establishment for Young Business Leaders organized a debate on the role of the government sector in...
2013 Predictions: Global Economy to Stabilize
After 2010, the global economy continued its downturn and in 2012 it reached its lowest levels since decades. Many countries went into recession, including...
UAE’s Transition to 4-And-Half Day Work Boosts its Drive to Become...
Virtue PR & Marketing Communications said that the UAE’s strategic step of reducing the working weekdays to 4.5 and moving the weekend to Saturday...
Economic Impact of COVID-19 Around The World
UK to pay up to 80% of employee wages for those unable to work due to the pandemic.
US lawmakers continue negotiations over...
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...
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...
Dubai Economy Fines Pharmacies For Tampering With Prices Of Hygiene Essentials
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has imposed fines on three pharmacies, in Jumeirah, Al Khawaneej and Mirdif, for...
January inflation in Dubai down at 0.94%
The monthly consumer prices inflation rate in Emirate of Dubai dropped 0.94% in January 2012 compared to December 2011, due to the decrease in...
Dubai’s Consumer Price Index, Inflation Rate up in August
The overall Consumer Price Index (CPI) reached 116.86 in August 2012, and with comparison with the base year (2007 =100); it increase by 0.33%...