UAE business activity hits 15-month low in August
Growth of the business activity in the private sector in UAE slowed to a 15-month low in August, according to the HSBC UAE Purchasing...
Closing the Loop: Meet Pioneers Turning Global Economy Circular
The latest winners of the World Economic Forum’s Circulars awards demonstrate that a radical transformation is underway of how economic value is created...
‘New Normal’ Productivity Spells Uncertainty for Global Economy
The Global Competitiveness Report 2015-2016 finds countries need higher productivity to address sluggish global growth and persistent high unemployment
Failure to boost competitiveness is compromising...
Dubai tops ‘Middle East Cities of the Future’ ranking by fDi...
Economic potential, business friendliness, infrastructure and quality of life earn high scores
Evaluation by experts on the basis of 76 criteria
Testimony to DED’s efforts in...
How a successful Expo 2020 bid will impact Dubai’s economic outlook
In a most recent note to investors, Bank of America focuses on Qatar and UAE economic development and highlights the benefits for the emirates'...
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...
US Monetary Policy Normalization Woud Have Neutral Impact on GCC, IMF
How U.S. Monetary Policy Normalization Would Affect the Middle East
In its most recent regional economic outlook report, the International Monetary Fund states that GCC...
Global financial crisis set to reduce prospects for economic growth :...
The present global financial crisis will reduce the prospects for the UAE economic growth from high single digit to low single digit growth in...
Manufacturing Sector contributes 13% to Dubai’s GDP
Dubai’s Direct Exports valued at AED68 billion in 2010
Owing to increased government support and funding, the UAE’s manufacturing sector was among the largest non-oil...
UAE Consumer Confidence at 108: Highest in Middle East
Middle East / Africa confidence declined two points to 94, as spending and personal finance sentiment dropped.
UAE Consumer Confidence declined seven index points in...
53% Of Online Shopping To Be Done By Digital Wallets By...
Mobile/digital wallets have become a mainstay of online payments within a short period of time. According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will...
UAE economy projected to grow by 2.3% in 2016; Inflation set...
The Ministry of Finance (MoF) has reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the...
What is the economic outlook for Middle East and North Africa?
Back in January we were cautiously optimistic about the global economy, now we are cautious.
Given that the global economy is basically slowing down, the...
Economy Diversifies to Boost Growth in 2020
A survey of nearly 440 senior accountancy experts on economic conditions in MESA showed a recovery in confidence in Q4. A revival in growth...
UAE’s diversification policy drives sustained economic growth, says Al Mansouri
His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, said the diversification initiatives of the UAE Government drive the sustained growth momentum...
Summit on the Global Agenda to host first-ever Open Forums for...
The Summit on the Global Agenda, to be held from Nov. 28 to Dec. 1, 2010, in Dubai in co-operation with World Economic Forum...
Consumer confidence in Dubai higher than in NY, Tokyo, Milan, Paris,...
82% of Dubai consumers confident about economy, 86% about personal finances
Consumers in Dubai appeared to be more optimistic on the overall state of the...
No more discounted fines for businesses in Dubai
DED says June 30 last date to make use of discounted fines on business establishments
The Department of Economic Development (DED) in Dubai has reminded...