Dubai inflation increased 0.9 percent in February

Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...

Sheikh Mohammed comments on UAE Economy

"The past is over; we must look to the future" UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid...

Dubai inflation rose 0.4 percent

Dubai inflation rose to 0.4 percent on an annual basis in January. However, the living costs in the emirate fell slightly from the previous month...

Economic Recovery in Slow Motion

Don’t count on the average consumer to bail out the local economy, not just yet! Consumers will continue to get caught up in post-recession measures...

UAE in 2011

The UAE will see growth in all sectors next year, including banks, real estate and tourism. The industrial sector is expected to record high growth...

2011 Forecasts: UAE in Figures

According the Economist, economic growth in UAE will pick up in 2011, but oil production will increase only modestly during a slow recovery in...

GCC’s economic outlook indicates robust growth

A recently released analysis by Dubai Chamber of Commerce and Industry indicated a solid recovery outlook for GCC countries as their real GDP growth...

2011 Forecasts: World’s population will reach 7 billion in 2011

Rate of population growth will slow With 267 people being born every minute and 108 dying, the world’s population will top seven billion next year,...

No plans to de-peg Dirham from Dollar

The UAE has no intention to de-peg the UAE Dirham from the US Dollar and to join the GCC monetary Union, Governor of the...

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...

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...

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...