Abu Dhabi GDP up 14.4% to AED 931 bn in 2018
Abu Dhabi's Gross Domestic Product, GDP, at current prices, increased by 14.4%, from AED 813.6 billion in 2017 to AED 931.0 billion in 2018,...
Expo 2020 Dubai to contribute AED122.6 billion to UAE economy
Expo 2020 Dubai and its legacy are expected to contribute AED122.6 billion of gross value added, GVA, to the UAE’s economy from 2013 to...
Unemployment, Governance Challenges, Energy Price Shocks Seen as Major Risks in...
New risk analysis by the World Economic Forum shows risk perception by regional business leaders focuses on economic, governance, and security issues
Risks...
Double taxation agreement between UAE and Saudi Arabia comes into effect
The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries
It...
Dubai SME supports 4,227 entrepreneurs with incentive packages worth AED 101...
1,175 Emirati companies were established with support from Dubai SME in 2018
MBRF provided financial assistance worth AED 14 million to 18 companies
...
Top 10 risks to the global economy in 2019
The Economist Intelligence Unit (EIU) has compiled a list of what it regards as the top 10 global risks of 2019. It makes for...
Dubai World Trade Centre marks 40th anniversary; Strengthens city’s position as...
Forged by the bold vision of the city’s founding father, Sheikh Rashid bin Saeed Al Maktoum, Dubai World Trade Centre (DWTC) today is...
Closing the Loop: Meet Pioneers Turning Global Economy Circular
The latest winners of the World Economic Forum’s Circulars awards demonstrate that a radical transformation is underway of how economic value is created...
What 2019 could hold for the global economy
Since the global synchronized growth of 2017, economic conditions have been gradually weakening and will produce an across-the-board deceleration in the months ahead. Beyond...
Abu Dhabi Fund for Development Discusses Investing in Digital Economy
Fund supports WGS 2019 as strategic partner
ADFD honoured by Global Council for Sustainable Development Goals for its efforts in achieving SDGs
Abu Dhabi...
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...
Small and Medium Enterprises Hold Key to Regional Economic Growth
A special report by Allied Investment Partners, however, reveals that with adequate financing and investor uptake still lacking, regional economic growth will remain sluggish
As...
Bahrain to Implement VAT Effective 1 January 2019
The parliament in Bahrain has today approved the introduction of Value Added Tax (VAT) which will be effective starting 1 January 2019 at the...
Investor Confidence in Dubai Remains High in July
Investor confidence in Dubai as a competitive global hub and the business development potential in the emirate remained robust through the month of July...
Dubai’s Private Sector Growth Slows in July
Business conditions in Dubai’s non-oil private sector improved at a slowest rate in three months in July, according to the monthly survey by Emirates...
UAE Outperforms Global Counterparts in Dimensions of Income, Infrastructure
BCG’s global report on sustainable economic development progress places the UAE in the top quartile when it comes to well-being
UAE performs above the majority...
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...
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...