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Salary Increase: MoF implementing decisions of UAE President

Ministry of Finance is working on implementing decision issued by UAE President on occasion of UAE’s 40th National Day regarding salary increase

UAE Consumer Confidence Rose to 110 – Highest Regionally

United Arab Emirates (UAE) posted a consumer confidence increase of two points in the second quarter, reaching an index score of 110 -- the...

Dubai’s Private Sector Business Activity Signals Robust Growth

January data signaled the strongest improvement in non-oil private sector business conditions for nearly two years. This was highlighted by the seasonally adjusted Emirates NBD...

Dubai – Best City for Expats in MENA, 74th Globally

Dubai ranks 74th globally in overall quality of living, making it the number one city in the Middle East and Africa region for...

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'...

Dubai Economy Grew 2.7% in 2016; Expected to Rise to 3.1%...

The economy of Dubai grew by 2.7% in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many...

Global Economy to Expand at Rate of 2.8% in 2017

The global economy is expected to expand at a rate of 2.8 percent in 2017, better than the 2016 rate, but marking a sixth...
Will The Coronavirus Crisis Push Property Prices Lower?

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...

Dubai Expo 2020 Offers Business & Investment Opportunities

Dubai Expo 2020, the first world expo to be staged in the Middle East, North Africa, and South Asia region, is expected to boost...

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...

GCC businesses focusing on getting ready for VAT

To help businesses in the GCC understand the potential impacts of the implementation and operation under VAT, Deloitte Middle East has been issuing a...

VAT in UAE Will Curb Unhealthy Consumption

The price of fizzy drinks and tobacco is about to go up. The Federal National Council last week approved a draft law setting up...

Global Warming May be Twice What Climate Models Predict

Future global warming may eventually be twice as warm as projected by climate models under business-as-usual scenarios and even if the world meets the...

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...

IMF Raises 2017 Outlook for Global Economic Growth

The International Monetary Fund has raised its outlook for global economic growth, citing a post election surge in confidence in the United States, better...

UAE National Day Country Report Released

December 2nd, 2016, is a day that embodies the Spirit of the Union and celebrates 45 years of great achievements since the federation was...

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 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...