IMF Sees Limited Impact of VAT on UAE Economic Growth

On July 7, 2017, the Executive Board of the International Monetary Fund (IMF) concluded its latest assessment of United Arab Emirates economic outlook. Economic performance...

A few thoughts on global economic recession 2016

Global economic recession is not just a terminology at which you have glimpsed while browsing social media on your smartphone. It is rather a disturbing...

A Sweeping Overview of Abu Dhabi’s Investment Climate

A new report just produced by the global research and consultancy firm Oxford Business Group (OBG) provides a sweeping overview of Abu Dhabi’s investment...

Small Businesses in UAE to face more difficulties in 2016

UAE-based small and medium enterprises struggled to raise and collect money during the last quarter, pushing plans to recruit, launch products or open new...

Dubai Year in Review 2016 – Plenty of Opportunities

While low oil prices weighed heavily on many of Dubai’s trading partners and neighbours, the emirate delivered a strong economic performance in 2016, buoyed...

Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...

Christine Lagarde concludes her official visit to the UAE

The Ministry of Finance (MoF), received Christine Lagarde, Managing Director of the International Monetary Fund (IMF) on the sidelines of the World Government Summit...

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...

Dubai, Abu Dhabi amongst The Most Expensive Cities Worldwide

Dubai and Abu Dhabi have been ranked the most expensive cities to live in across the Middle East, according to Mercer’s 2016 Cost of...

VAT is set to truly be taxing, with next 13 months...

Diversification, changing operating models and promoting smart initiatives led by technology and employment continue to be key trends as we move into Q1 2017....

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...

‘Britain is open for business’

British Embassy in partnership with Crowe Horwath hosted a key meeting aimed at enlightening existing and potential entrepreneurs on the challenges and opportunities of...