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New UBS Report Reveals Key Factors for Emerging Markets Competitiveness

UAE economy on a recovery path thanks to ongoing fiscal stimulus measures, spending related to hosting Dubai Expo 2020, rate cuts, and continuing diversification...

Water Conservation Efforts Double in GCC due to Rising Population, Economic...

Region’s desalination capacity to increase by 40 per cent in next five years More than half of the world's total desalination output originates...

More Than Half Of UAE Residents Feel Expo Will Boost Country’s...

A large majority is likely to attend it and most people are excited to experience ‘innovation’ at the mega event As Dubai is set to...

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...

Giant Leaps Forward for Future World Capital of the New Economy

The Government of Dubai kicked off the new year with announcements on major plans for global promotion strategies for the emirate as an investment...

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 Future District Launch; AED1 Billion Fund to Drive New Economy

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today announced during the second Dubai Council’s meeting,...

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...

Ministry of Economy Plans for SME Sector For the Year 2020

The plan includes training programs to empower entrepreneurs; new channels to connect with global and regional markets; and extensive participations in specialized exhibitions 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...

Confidence in the Middle East Falling to its Lowest Level in...

A survey of more than 1,000 senior accountancy experts on economic conditions worldwide finds that global confidence in Q3 fell to its lowest level...

Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion

Islamic economy registers 5.2 per cent growth over previous year UAE ranks first across five of seven Islamic economy sectors Investments in Islamic...

Dubai Economy Turns Future-readiness Focus to 3 More Emerging Sectors

Second Future Economy Lab workshops to bring together public and private sector stakeholders and academia to discuss Cashless Economy, Circular Economy, and Gaming...

Dubai Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...

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...

Dubai Economy unveils R&D platform initiative to boost competitiveness

Portal will promote innovation partnerships between the industry and academia and enhance productivity in Dubai R&D collaboration to eventually bring financial benefits to...

UAE climbs three spots in Growth Promise Indicators report

The UAE ranked as high as 22nd from among 180 countries overall, and ahead of other Middle Eastern countries. The nation’s macroeconomic stability, openness,...

Dubai real growth forecast: 2.1% in 2019, 3.8% in 2020, and...

Government-led policy initiatives and investments, improved growth prospects in trading partners, and preparation to host Expo 2020 Dubai are providing increased private sector credit...