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...

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...