UAE and Ireland to strengthen cooperation in the fields of technology...
HE Sultan bin Saeed Al Mansoori, UAE Minister of Economy, said that economic diversification policy adopted by the UAE has contributed to strengthening the...
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....
Inflation tolls on restaurants in Dubai
A study released recently by the Dubai Chamber of Commerce and Industry says that food prices soared at restaurants in Dubai over the last...
UAE rolls out new initiative to strengthen international competitiveness
Emirates Competitiveness Council signs MoU with National Bureau of Statistics
Ranked among the world’s top destinations to live and do business, the UAE has reiterated...
IMF Revises World Economic Growth Forecasts for 2013-14
The International Monetary Fund forecast slower global economic growth for 2013 and 2014. The reasons for the latest revisions are expectations of a more...
UAE Economy on Track towards Recovery in 2021
Federal Competitiveness & Statistics Centre reveals preliminary results of economic performance in 2020
The UAE economy performed better than expected in 2020 despite the current...
UAE Outperforms Global Counterparts in Dimensions of Income, Infrastructure
BCG’s global report on sustainable economic development progress places the UAE in the top quartile when it comes to well-being
UAE performs above the majority...
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...
Global Economic Outlook 2013
The global economy still hasn’t stepped back on track after the financial crisis that erupted in 2008. In 2012, the global growth descends to almost 3%. This...
Inflation up 0.7 percent in the first two months of 2012
Abu Dhabi (SCAD) issued today its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi...
UAE Consumer Confidence at ‘All-time High’
Consumers in the UAE are more optimistic than ever before, according to the recently released 'MasterCard Index of Consumer Confidence'. The survey reveals that...
17% increase in business licenses issued in Dubai
The Dubai Department of Economic Development (DED) issued 1,507 business licences for various types of businesses in Dubai in March 2012, a 17% increase...
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...
Statement from HH Sheikh Ahmad bin Saeed Al-Maktoum on Dubai World...
"Dubai World has today announced that headline economic terms for its restructuring have been agreed in principle with the Coordinating Committee, accounting for a...
Prices of basic commodities up by 12.43 percent
Figures from Abu Dhabi's Department of Planning and Economy (DPE) have revealed that prices of basic commodities went up by 12.43 percent between June...
COVID-19 Risks Outlook: Challenges and Opportunities
Economic distress and social discontent will rise over the next 18 months unless world leaders, businesses and policy-makers work together to manage the fallout...
UAE Consumer Confidence Took a Slight Dip in Q3 of 2016
The United Arab Emirates (UAE) consumer confidence declined by one point from the previous quarter to a score of 108, according to consumer confidence...
Supreme Committee for Consumer Protection discusses measures to manage food...
Committee works to uphold customer interests
His Excellency Sultan Bin Saeed Al Mansouri, Minister of Economy and Chairman of the Supreme Committee for Consumer...