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The UAE’s Special Industrial Zones Vital Incubators For Innovation

UAE’s Special Industrial Zones Vital Incubators for Innovation

The UAE is headed towards an exciting new phase of sustainable economic growth – one that is driven by an enhanced, technologically advanced 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%...

Redefining The GCC Economic Future

Emerging signs of economic diversification into future-proof sectors bode well for GCC economies and MENA investors long-term. The long-term outlook for MENA based investors looks...

Rising Infection Rates May Slowdown Economic Activity

Global equity markets closed the week on a negative note as investors might have booked some profits after sharp rise in tech stocks. Nevertheless...

Economic Impact of COVID-19 Around The World

UK to pay up to 80% of employee wages for those unable to work due to the pandemic. US lawmakers continue negotiations over...

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...

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...

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...

Global Investment Symposium Puts Spotlight on Economic Outlook and Investment Trends...

2020 economic growth outlook looks good despite underlying geopolitical, market risks seems to be the overriding consensus by the experts at the symposium As the...

UAE GDP Growth Expected to Reach 2.4 pc in 2019, Central...

Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 percent in Q2...

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...

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...

Investments to UAE expected to rise by 20% in 2019

The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 percent this year, from...

UAE’s GDP set to expand 3.5% this year

The UAE's GDP is set to expand 3.5 percent this year against 2.8 per cent in 2018, thanks to a stimulus package worth AED50...

MENA’s renewable energy growth expected to power regional economies, cushion oil...

The Middle East and North Africa (MENA) economic wellbeing is on a sustained recovery path thanks to a positive global outlook, rise in oil...

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...