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UAE economy today is much better than yesterday

Current situation of the UAE economy is much better than that of last year according to the International Monetary Fund (IMF), Governor of UAE...

UAE one of the top most confident countries in the world...

The UAE is one of the top three most confident countries in the world on trade activity and growth, and traders in the country...

DED supports Chilean Business Week to explore bilateral business opportunities

The Department of Economic Development (DED) and its Foreign Investment Office (FIO) are endorsing a delegation of Chilean entrepreneurs headed by the Chilean...

Ministry of Economy focused on global cooperation, Al Shihhi

His Excellency Mohammed Ahmed Bin Abdul Aziz Al Shihhi, Director General of the Ministry of Economy, said the UAE Government is focused on...

IMF Increases Next Year’s Middle East Growth Forecast to 4.2%

The International Monetary Fund increased its 2010 economic growth forecast for the Middle East to 4.2 percent from 3.7 percent after oil prices rose. “The...

Al Mansouri emphasizes Government’s focus on further diversifying the economy

His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, has reiterated the UAE Government’s commitment to diversify the economy. He briefed...

Deflation wouldn’t depress U.A.E. economy

The United Arab Emirates’s Central Bank Governor Sultan bin Nasser al-Suwaidi said the country would probably experience “low inflation” this year and that...

UAE economic fundamentals provide cushion against crisis

The diverse vibrant and resilient fundamentals of the UAE economy have provided strong cushion against the adverse implications of the world financial crunch, H.H....

Al Mansouri discusses boosting economic ties with Canada

His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, met with Canadian Ambassador Sarah Hardetsky this week to discuss accelerating trade relations...

UAE consumers feel the country is now driving in the recovery...

A study released by Dubai Chamber of Commerce '&' Industry (DCCI) shows the consumer confidence in the UAE economy has risen as they start...

Merrill Lynch Fund Manager Survey finds Economic Optimism

Highest since 2003 as investors put cash to work Questions over imbalances in early stages of recovery Investor optimism about the global economy has soared...

Dubai Department of Economic Development selects first batch of 20 future...

The Dubai Department of Economic Development (DED) launched its inaugural leadership development program this week with 20 future leaders selected from the department and...

DED unveils digital face of Dubai business community

User-friendly interface, new online services at core of pro-customer website The Department of Economic Development (DED) recently unveiled the new website of the Dubai business...

UAE non-oil sector up 3.9% at Dh294 billion in 2008

A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown...

The Ruler of Dubai sets up Support Fund

Vice President and Prime Minister of the UAE H. H. Sheikh Mohammed bin Rashid Al Maktoum has issued in his capacity as Ruler of...

BAS-ML Economics – Global Economic Weekly: Too early to withdraw the...

Summerized bellow is a recent Banc of America Securities-Merrill Lynch research report titled, "BAS-ML Economics - Global Economic Weekly: Too early to withdraw the...

Inflation in Dubai slows to 5.4pc

Dubai's inflation rate slowed to 5.4 per cent in the first five months of 2009, compared to 8.7 per cent a year earlier, the...

U.A.E. Economy to contract 2.4% this year according Credit Suisse

The economy of the United Arab Emirates, the second largest in the Arab world, will contract by 2.4 percent this year as crude oil...