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Dubai may open up business for Gulf residents

DED committee to study allowing GCC nationals to form foreign partnership firms without locals The Department of Economic Development (DED) in Dubai has formed a...

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...

Sri Lanka Business Council event highlights investment opportunities in Sri Lanka

The Sri Lanka Business Council (Dubai & Northern Emirates) hosted a successful dinner and networking event last week to discuss investment opportunities and to...

574 new companies register with RAK FTZ in Q2, 2011

New registrations up 30% in first half of 2011 compared to last year Total revenue at RAK FTZ increased by 4% in Q2 of 2011 The...

Stagnating global economy outlook may turn into a downturn

Last week the International Monetary Fund issued an “urgent” call for the world’s largest economies to roll out more policies to boost growth, painting...

World Bank trims Asia 2014 growth forecasts

The World Bank trimmed its 2014 growth forecast for developing Asia, but said the region's economies were likely to see steady growth in the...

Dubai’s British Business Group voted best in the world

The British Business Group (BBG) for Dubai and Northern Emirates has beaten rival entries from every corner of the globe, including Paris, Shanghai and...

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...

Trade licenses issued in Dubai rose by 26% in April 2012

Increase in licenses relates to a higher level of interest in commercial and professional activities The number of trade licenses issued by the Department of...

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 Business Confidence Index Reaches 120.7 Points in Q2 of 2013

Ease of business and improving market conditions boost business confidence in Dubai Manufacturing sector leads in profit estimates, service sector foresees new jobs while trading...

Dubai leads transition towards Green Economy

The United Arab Emirates’ leadership, in adopting policies and initiatives that spur sustainable development, has positioned Dubai firmly among global cities leading the transition...

Business confidence in Dubai soars on rebound in key sectors

Economic activity and outlook demonstrates stable growth and move towards sustainability The economy of Dubai looks set to sustain its growth momentum with investor confidence...

UAE non-oil sector up 3.9% at Dh294 billion in 2008

A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown...

Best economies for doing business in 2014 Revealed

The World Bank published its annual Doing Business report. This year, the study has included nearly 190 countries across the world. The report compared...

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...

Recessionary Sentiment Prevails in MENA Region

UAE’s Consumer Confidence ends 2015 on a slightly higher note UAE has the highest score in Africa/ Middle East region UAE led the way for Middle...

Dubai: Inflation up 0.74% in Q1, 2011

Inflation rate in the Emirate of Dubai rose to record 0.74 % in the first quarter of 2011 compared to the same period of...