Income tax in the pipeline

During the GCC summit in Muscat, Oman, the six Gulf nations have agreed in principle to implement corporate and individual income tax by 2012...

UAE Cabinet approves new organisational structure of the Ministry of Economy

Al Mansouri: New structure guarantees excellence and achieving ministry’s strategic objectives The UAE Cabinet has approved the new organisational structure of the Ministry of Economy...

Dubai Economic Department signs MoU with Islamic Corporation for the Development...

The Dubai Department of Economic Development (DED) and The Islamic Corporation for the Development of the Private Sector (ICD) signed a Memorandum of...

UAE economy has overcome many regional crises

A senior official of Emirates NBD bank confirmed the strong standing of the UAE economy in overcoming the challenges that the global financial crisis...

Outlook on few Government-related entities negative on deteriorating economic outlook

Dubai's long-term economic prospects remain solid GDP growth will slow to around 6% in 2009 Standard & Poor's Ratings Services said it revised its outlook...

Diversification of economy and policy of openness drive UAE’s growth as...

HE Sultan Bin Saeed Al Mansouri, Minister of Economy said that concerted efforts to diversify the economy and a policy of openness adopted by...

Initiatives aiming at stabilizing market prices discussed

H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...

Global economy enters recession

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...

Biggest ever Brainstorming on the Global Agenda ends with call for...

1. In the wake of the global financial crisis, the world needs to examine its basic operating systems and aim for a “fundamental reboot”,...

UAE Banks will continue financing the economic sector

Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...

UAE Ministry of Economy urges retailers to reduce prices in line...

Dr Hashim Al Nuaimi, Director of the Consumer Protection Department at the Ministry of Economy, chaired a meeting with representatives of key retail...

Minister of Economy emphasizes the UAE’s role in maintaining highest quality...

His Excellency Sultan Bin Saeed Al Mansouri, the UAE Minister of Economy, received the new General Secretariat of the Gulf Standardization Authority, Dr...

Dubai to host The World Economic Forum

1. The inaugural Summit of the Global Agenda held in partnership with the Government of Dubai will take place in Dubai from 7 to...

Shift in capital flows gives Dubai a historic opportunity to move...

DIFC Governor says Dubai's strong fundamentals will help it weather the financial crisis in global markets The current shift in global capital flows gives Dubai...

Strong economic outlook for UAE

The underlying economies of both the UAE and GCC region are strong and the outlook for listed companies robust said Tom Healy, Chief Executive...

Economic Development in Abu Dhabi : Opportunites and Challenges

Current policy of diversification of economy and sources of income will help Abu Dhabi reduce share of oil and gas sector to...

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...

Corporate governance is the key to Dubai’s growth

Highlighting the sustained expansion and diversification of Dubai's economy over the past several years, Mohammed Ibrahim Al Shaibani, Board member and Chief Executive Officer...