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Dubai’s debt could be as much as $170 billion: Report

The total debt of Dubai could be as much as $170 billion, much higher than earlier reported, according to a report by EFG-Hermes...

UAE Consumer Confidence at a decline in Q4

UAE consumer confidence index dropped 10 points from 102 points in Q3 to 92 in Q4 as a result ...

World-renowned experts to participate in ‘The Dubai Forum’

Under the Patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,...

National plan to develop small and medium businesses

His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, said the Ministry will be the federal authority responsible for developing the small...

UAE Minister of Economy opens second meeting of UAE- Azerbaijan Joint...

The second meeting of the UAE- Azerbaijan joint economic committee was inaugurated today in Abu Dhabi. H.E Sultan Bin Saeed Al Mansouri, UAE...

UAE economy set to grow 3.2% in 2010

The UAE economy is set to post a real growth of 1.3% in 2009, rising to 3.2% in 2010, according to UAE Minister of...

Emaar Chairman hails announcement by Supreme Fiscal Committee

Following the announcement today by the Dubai Supreme Fiscal Committee that the Government of Abu Dhabi will provide US$10 billion to the Dubai...

Dubai is, and will continue to be, a strong and vibrant...

Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Supreme Fiscal Committee (SFC) reassured investors, financial and trade creditors, employees, and citizens all...

Diversification of economy is main pillar of UAE economy, says Al...

UAE Minister of Economy meets European Ambassadors His Excellency Sultan Al Mansouri said the UAE economy has proven its strength in dealing with the...

“In Dubai we are not good in publicizing what we are...

Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...

Debt restructuring is normal business response

HE Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, stated today that debt restructuring is a normal business response and the decision by...

UAE economy has proven its strength in times of crisis and...

His Excellency Sultan Bin Saeed Al Mansouri, Minister of Economy, said the UAE economy has proven its strength in the times of crisis...

A delegation from Dubai Department of Economical Development and INDEX Holding...

A delegation from the Dubai Department of Economical Development (DED) headed by Mr. Fahad Al Gergawi, Chief Executive Officer, Foreign Investment Office accompanied...

FNC fully committed to strengthen efforts to achieve UAE’s aspirations, says...

His Excellency Dr. Anwar Gargash, Minister of State for the Federal National Council Affairs, said that the FNC's response to the Opening remarks of...

DED hosts high-profile Colombian delegation

The Dubai Department of Economic Development (DED) hosted a high-profile delegation from Colombia headed by His Excellency Luis Plata - Minister of Trade,...

Ministry of Economy launches national campaign for intellectual property rights

H.E Sultan Bin Saeed Al Mansouri, UAE Minister of Economy has launched today a national campaign to uphold and protect intellectual property rights.This...

Abu Dhabi’s inflation drops 1.2% in first nine month

Statistics Center- Abu Dhabi (SCAD) issued this week its first detailed report on consumer prices index (CPI) and the rate of inflation in the...

Leading experts to Address key global Challenges at Forum’s second Summit...

1. Dubai welcomes back the World Economic Forum’s Summit on the Global Agenda from 20 to 22 November 2009 2. For more information on the...