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 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...

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...

UAE PMI Sees Robust Improvement in Business Conditions

The health of the UAE's non-oil private sector gained steam in July, supported by sharp expansions in output and new work. A survey carried...

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...

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...

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 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...

CNN’s Marketplace Middle East Uncovers DIFC’s Central Role

On this month’s episode of ‘Marketplace Middle East’, John Defterios interviews Arif Amiri, CEO of Dubai’s International Financial Centre Authority (DIFC), to discover more...

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...

Short Term Business Confidence Falls across Middle East

Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level since the second quarter...

Business Conditions in Dubai Improve After Summer Slump

Emirates NBD Dubai Economy Tracker: September Data Signals Improvement In Business Conditions In Dubai’s Non-Oil Private Sector September data signalled a sharp improvement in business...

What Does Dubai’s Rising Cost of Living Mean for the City?

Dubai has long been a popular destination for tourists and mobile workers alike. With a strong economy and numerous opportunities for those looking for...

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...

Another step closer to VAT implementation in GCC

The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...

Cautious Optimism for 2016 Global Economy

Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy...

UAE Non-oil Private Sector Economy Saw Sharpest Increase

Growth in the UAE non-oil private sector economy climbed to the fastest pace seen since February 2015, bolstered by sharp expansions in new orders...

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...