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Dubai’s inflation rises in first half

Dubai's inflation rate jumped to a record 0.64 per cent in the first half, compared to the same period of 2009, the...

Abu Dhabi inflation rate at 3.02 in May

According to the May issue of the Monthly Consumer Price Index (CPI) Report issued by Statistics Centre - Abu Dhabi (SCAD), the year-over-year inflation...

GDP, Oil Price, Inflation and Debt Restructuring

The Minister of Economy, Mr Sultan Al Mansouri, today made remarkable comments about the local economy during the launch of the UAE’s economic report...

Inflation or Deflation

The biggest risk to economies around the world in 2010 is a growth double dip. Further out, investors remain rightly concerned about hedging tail...

Current Backdrop in Inflation could trigger Hyperinflation in two years from...

The latest BofA Merrill Lynch Global Research report, titled “BofA ML Economics – Global Economic Weekly: Cooling Core” dated 8 March, authored by the...

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...

Abu Dhabi’s inflation drops 1.2% in first nine month

Statistics Center- Abu Dhabi (SCAD) issued this week its first detailed report on consumer prices index (CPI) and the rate of inflation in the...

Deflation wouldn’t depress U.A.E. economy

The United Arab Emirates’s Central Bank Governor Sultan bin Nasser al-Suwaidi said the country would probably experience “low inflation” this year and that...

Inflation in Dubai slows to 5.4pc

Dubai's inflation rate slowed to 5.4 per cent in the first five months of 2009, compared to 8.7 per cent a year earlier, the...

UAE inflation 4.9pc at the end of April

The UAE Ministry of Economy released its first-ever monthly inflation data and said inflation in the second-largest Arab economy was an annual 4.94 per...

Inflation tolls on restaurants in Dubai

A study released recently by the Dubai Chamber of Commerce and Industry says that food prices soared at restaurants in Dubai over the last...

The introduction of VAT will be delayed

A senior official at the Federal Customs Authority Saeed Khalifa Saeed Al Marri, Deputy Director-General of the UAE Federal Customs Authority, was quoted by...