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UAE Cabinet approves new organisational structure of the Ministry of Economy

Al Mansouri: New structure guarantees excellence and achieving ministry’s strategic objectives The UAE Cabinet has approved the new organisational structure of the Ministry of Economy...

IMF cut its global growth outlook for 2013

The International Monetary Fund cut its global growth outlook for this year and the next one. Capital outflows are projected to further weaken emerging...

Minister of Economy meets department heads to discuss growth strategies

The UAE Minister of Economy His Excellency Sultan Bin Saeed Al Mansouri met department heads to discuss the ministry's future plans and strategies. He...

Global economy enters recession

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...

Business Confidence in Dubai Continues to Rise, Survey

Plans are underway to increase investment and upgrade technology Recent Dubai Government initiatives to boost investment and cut costs will underpin further improvements...

Oil Price Decline Curbs GCC Economic Growth

Although economies in the Middle East and North Africa region continue to expand, growth is too slow and oil exporters will see a deficit...

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...

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...

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...

Penalties on businesses in Dubai reduced

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai , with his capacity issue decree to reduce penalties on businesses in Dubai.

UAE Consumer Confidence Took a Slight Dip in Q3 of 2016

The United Arab Emirates (UAE) consumer confidence declined by one point from the previous quarter to a score of 108, according to consumer confidence...

Cautious Optimism for 2016 Global Economy

Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy...

Resurgence of COVID-19 Could Cause Global Economic Depression

According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...

UAE’s alternative energy projects up to US$100b by 2020

Globally, the total alternative investments could reach US$1.5 billion by 2010.

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,...

Tech-Led Strategies for Economic Recovery

Leaders and industry experts joined the conclave for a discussion on the burning topic of transformative leadership and the road ahead for an economic...

UAE Reports Impressive Economic Growth in 2022 So Far

During a UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi, UAE rules revealed the economic progress of the country as reported by the...

What Does Dubai’s Rising Cost of Living Mean for the City?

Dubai has long been a popular destination for tourists and mobile workers alike. With a strong economy and numerous opportunities for those looking for...