Small and Medium Enterprises Hold Key to Regional Economic Growth

A special report by Allied Investment Partners, however, reveals that with adequate financing and investor uptake still lacking, regional economic growth will remain sluggish As...

Bahrain to Implement VAT Effective 1 January 2019

The parliament in Bahrain has today approved the introduction of Value Added Tax (VAT) which will be effective starting 1 January 2019 at the...

Investor Confidence in Dubai Remains High in July

Investor confidence in Dubai as a competitive global hub and the business development potential in the emirate remained robust through the month of July...

Dubai’s Private Sector Growth Slows in July

Business conditions in Dubai’s non-oil private sector improved at a slowest rate in three months in July, according to the monthly survey by Emirates...

UAE Outperforms Global Counterparts in Dimensions of Income, Infrastructure

BCG’s global report on sustainable economic development progress places the UAE in the top quartile when it comes to well-being UAE performs above the majority...

Economic Growth Momentum Ticks Up

With stronger improvements in output, new business and employment has contributed to the latest expansion. Meanwhile, backlogs of work increased at the fastest rate...

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...

UAE Safe Haven for Investors

Investors' trust in the UAE business environment reflects the country's resilient and diversified economy, said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice...

Saxo Bank Warns of Possible Global Economic Slowdown

The GCC states are likely to face economic challenges this year due to the increased risk of a global economic slowdown created by global...

UAE Optimistic For 2018 Despite Expecting VAT To Be A Challenge

New YouGov Omnibus research has found that despite expecting VAT to be a challenge in the UAE, residents are largely optimistic for the year...

Global Economy Set to Grow 3.2 Percent in 2018

The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...

Business Confidence in Dubai Improves on Stronger Demand

Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter...

Dubai Economy Asks Businesses Not to Hike Prices Ahead of VAT

The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has called on retailers in Dubai not to use the VAT (value added...

Dubai Economy Expected to Grow ‘3 to 4%’ in The Year...

The Dubai economy is expected to grow by 3 to 4 percent in the 2017-2018 period, Hamad Buamim, President and CEO of Dubai Chamber...

UAE to Become Open Global Laboratory to Fashion the Future of...

· The World Economic Forum’s second Annual Meeting of the Global Future Councils opened today · The internet of things will contribute $10-15 trillion to...

Business Confidence in Middle East Continues to Fall

Global economic confidence has improved slightly this quarter, despite lagging confidence in the Middle East and the Americas. According to the latest Global Economic Conditions...

UAE Non-oil Growth Accelerates in October

The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index, which covers manufacturing and services, rose to 55.9 in October from 55.1 in September. Above...

IMF Forecasts UAE Growth To Triple In 2018

The International Monetary Fund expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from...