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...
World Economic Forum Unveils Virtual Global Collaboration
The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and...
UAE Economy Projected to Grow by 2.5%, 3.5% in 2021, 2022:...
The Central Bank of the UAE projects real GDP to recover to positive growth of 2.5% in 2021, with non-oil GDP growing by 3.6%...
Leading experts to Address key global Challenges at Forum’s second Summit...
1. Dubai welcomes back the World Economic Forum’s Summit on the Global Agenda from 20 to 22 November 2009
2. For more information on the...
UAE Ministry of Economy instructs car dealers in Abu Dhabi to...
Safety defects to be reported within 24 hours
The Consumer Protection Department of the UAE Ministry of Economy, today, instructed care dealers...
UAE Consumer Price Index decreased by 0.02% in November 2011
The overall Consumer Price Index (CPI) for the United Arab Emirates (U.A.E) reached 116.65 in November 2011, and with comparison with the base year (2007 =100), according to a press release issued by the National Bureau of Statistics.
GCC Countries Back on Path to Economic Growth
More reforms needed to achieve economic diversification and to improve competitiveness
Following a year of economic distress, Gulf Cooperation Council (GCC) economies are expected to...
Dubai issues 4% more business licenses in Q1 of 2013 than...
Department of Economic Development issues 4,582 licences in Q1 of 2013
Key economic sectors and activity in Dubai remained stable and growing in during the...
UAE aims to impose value-added tax in 2018
The United Arab Emirates does not plan to tax the incomes of individuals or remittances abroad by foreign workers in the country, a senior...
First Global GovTech Platform Launched
More than half of governments globally seek to improve resilience and agility by modernizing core legacy applications.
The interactive data platform provides advanced analytics and...
CNN’s Marketplace Middle East Uncovers DIFC’s Central Role
On this month’s episode of ‘Marketplace Middle East’, John Defterios interviews Arif Amiri, CEO of Dubai’s International Financial Centre Authority (DIFC), to discover more...
DED and the Italian Business Council organise business meeting on sustainable...
Aimed at strengthening public and private sector partnership
The Dubai Department of Economic Development (DED) and the Italian Business Council of Dubai and Northern...
UAE consumer prices decline 0.16% in February
On the path of Deflation?
The UAE's National Bureau of Statistics said in a statement that consumer prices in the country declined 0.16 percent...
‘New Normal’ Productivity Spells Uncertainty for Global Economy
The Global Competitiveness Report 2015-2016 finds countries need higher productivity to address sluggish global growth and persistent high unemployment
Failure to boost competitiveness is compromising...
Most UAE Professionals Expect Long Recovery After Covid-19 Pandemic
The number of working residents claiming the pandemic has impacted their businesses has increased considerably over the past weeks
YouGov’s latest data from the second...
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...
No plans to de-peg Dirham from Dollar
The UAE has no intention to de-peg the UAE Dirham from the US Dollar and to join the GCC monetary Union, Governor of the...
FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...
Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7%
The foreign direct investment (FDI) inflows to the UAE recorded...