Tag: Economy
Signs of hope amid economic downturn
Month after month, the global economic outlook has been nothing but bleak. But now, could we be about to turn a corner?
Japanese stocks rose...
Economy expected to contract 0.6 percent this year
The UAE Central Bank will keep interest rates low in 2009 as the Arab world’s second- biggest economy contracts due to falling oil prices,...
UAE economy ‘to recover faster than other nations’
The UAE is expected to recover from the global financial distress faster than other economies given its enormous wealth and experience in crisis management,...
UAE Economic & Strategic Outlook
Since the past few years, UAE’s economy had been performing exceptionally well on the back of surge in oil prices and strong growth in...
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 Protection,...
Dubai ranked most competitive in Middle East
Dubai has the most competitive economy in the Middle East and ranks higher for its competitiveness than Japan, Germany, France or New Zealand, according...
MoE discusses measures to strengthen UAE-German business
His Excellency Sultan Al Mansouri, the UAE Minister of Economy, received in his office in Dubai, His Excellency Jürgen Reinholz Thuringian, Minister of Economy,...
Economists, businesspersons upbeat about high credibility of Dubai economy
Economists and businesspersons are upbeat about the launching of US$20 billion long term bond programme by Dubai Government, saying the move reflects the UAE...
Arab Economic Council to expand Arab Trade Free Zone to include...
A high-level UAE delegation, led by His Excellency Mohammed Al Shihhi, Director General of the MoE, attended the 83rd meeting of the Arab Socio...
Price of milk products to be reduced by 15 per cent...
Following discussions with the UAE Ministry of Economy, Nestle has agreed to reduce the prices of milk products by 15% starting from today January...
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...
Dubai Economic Department signs MoU with Islamic Corporation for the Development...
The Dubai Department of Economic Development (DED) and The Islamic Corporation for the Development of the Private Sector (ICD) signed a Memorandum of...
UAE economy has overcome many regional crises
A senior official of Emirates NBD bank confirmed the strong standing of the UAE economy in overcoming the challenges that the global financial crisis...
Outlook on few Government-related entities negative on deteriorating economic outlook
Dubai's long-term economic prospects remain solid
GDP growth will slow to around 6% in 2009
Standard & Poor's Ratings Services said it revised its outlook...
Diversification of economy and policy of openness drive UAE’s growth as...
HE Sultan Bin Saeed Al Mansouri, Minister of Economy said that concerted efforts to diversify the economy and a policy of openness adopted by...
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...
Financial Crisis for real
Warren Buffet's tenet: "Be fearful when others are greedy... (and vice versa)"
While many will say that the Middle East shouldn’t pretend its not happening,...