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Bank Chiefs Optimistic About the Future

After years of relentless focus on costs, settlements and regulations, the future of banking is looking brighter, agreed panellists in a session at the...

Dubai Economy Grew 2.7% in 2016; Expected to Rise to 3.1%...

The economy of Dubai grew by 2.7% in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many...

2017 Markets Outlook: Investing Roller Coaster

2017 Market Outlook: BofA Merrill Lynch Global Research Calls Heads or Tailwinds as Markets Swing on Policy Shifts The Economy Resuscitates, Stocks Gain, Rates Rise,...

Once Again! Long-term Bullish on Emerging Markets

Analysts at Bank of America Merrill Lynch reversed their five-year bearish call on emerging markets to a long-term bullish view, predicting that the chumps...

What is the economic outlook for Middle East and North Africa?

Back in January we were cautiously optimistic about the global economy, now we are  cautious. Given that the global economy is basically slowing down, the...

Outlook 2016: Global Growth Edges Up

Economists at Goldman Sachs have released what they believe will be the 10 biggest  of 2016. Here they are: 1. Global growth, more stable than...

US Monetary Policy Normalization Woud Have Neutral Impact on GCC, IMF

How U.S. Monetary Policy Normalization Would Affect the Middle East In its most recent regional economic outlook report, the International Monetary Fund states that GCC...

Business confidence falls in Middle East, but not as quickly as...

Business confidence in the Middle East continued to fall in the second quarter of 2015, but not as quickly as it had in the...

Optimism about Business in Dubai at 19- month high in June

A robust expansion in business activity and order growth was recorded in Dubai during the month of June, although the pace of growth was...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

Asian Policy Makers Must Respond Early to Overheating Risk

Asia Leads Global Recovery, Further Reforms Will Help Address Medium-Term Challenges, Says IMF’s Asia-Pacific Economic Outlook Asia is set to grow at 5.7 percent in...

Major Recession in 2013, Morgan Stanley

According to Morgan Stanley, the global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013. The global financial...

MENA economic growth up at 5.1 percent in 2012, IMF

The economic outlook for the Middle East and North Africa region is mixed. Most of the region’s oil-exporting countries are growing at healthy rates...

“No new boom in Dubai, in my personal opinion”

Exclusive interview for DubaiChronicle.com To predict an economy's direction may be almost impossible or the least a risky venture. Nevertheless, many research companies, market analysts...

IMF latest annual assessment of UAE economy

Non-oil recovery strengthens, despite weak construction and real estate sectors Government-related entities still pose risks Fiscal consolidation should increase government's room for maneuver Growth in the United...

IMF forecasts Middle East growth to accelerate

Overall economic growth for the Middle East region is forecast at 4.2 percent in 2012 Inflation will average 9.5 percent In it latest World Economic Outlook...

UAE Macroeconomic Outlook

Investors should adopt realistic approach World Economic Climate Across the world investors' belief that the worst of the financial crisis is behind us is gradually...

Strong economic outlook for UAE

The underlying economies of both the UAE and GCC region are strong and the outlook for listed companies robust said Tom Healy, Chief Executive...