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Dubai Economy Turns Future-readiness Focus to 3 More Emerging Sectors

Second Future Economy Lab workshops to bring together public and private sector stakeholders and academia to discuss Cashless Economy, Circular Economy, and Gaming...

Steady increase in business activities in the Emirate of Ajman

The number of licenses issued by the Ajman Municipality and Planning marked an increase in the number of licenses issued and renewed during the...

Fiscal Monitor Report: Food and Energy Crisis

Countries are facing tough choices when dealing with the impact of rising inflation, lingering pandemic, and historically high debt levels, the IMF said in...

Dubai SME supports 4,227 entrepreneurs with incentive packages worth AED 101...

1,175 Emirati companies were established with support from Dubai SME in 2018 MBRF provided financial assistance worth AED 14 million to 18 companies ...

FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...

Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7% The foreign direct investment (FDI) inflows to the UAE recorded...

Trademarks Committee in the Ministry of Economy considers 35 applications

138,646 Trademarks Applications in UAE Trademarks Committee in the Ministry of Economy held a meeting on Sunday, January 31, 2010 including representatives ...
Aberdeen Standard Investments

GCC Economic Recovery Uneven across Different Industries

“The IMF report predicts real GDP growth in MENA to pick up to 4% this year, which is significant improvement on the 3.2% it...
The global contactless economy is booming

Dubai Poised For Rapid Contactless Economy Growth

Dubai Internet City business partners driving mass adoption of contactless payment technologies in the region. Visa’s innovation centre at Dubai Internet City supports the company’s...

Economy Diversifies to Boost Growth in 2020

A survey of nearly 440 senior accountancy experts on economic conditions in MESA showed a recovery in confidence in Q4. A revival in growth...

Top 10 risks to the global economy in 2019

The Economist Intelligence Unit (EIU) has compiled a list of what it regards as the top 10 global risks of 2019. It makes for...

Abu Dhabi GDP up 14.4% to AED 931 bn in 2018

Abu Dhabi's Gross Domestic Product, GDP, at current prices, increased by 14.4%, from AED 813.6 billion in 2017 to AED 931.0 billion in 2018,...

UAE Trust Barometer: Unshakeable

UAE ranked third most trusted country in the world, and all four institutions (government, business, NGOs, and media) retain significant trust levels Strong trust in...

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...
DBWC, DED Collaborate on Supporting and Empowering Businesswoman

DBWC, DED Collaborate on Supporting and Empowering Women Entrepreneurs

The Dubai Business Women Council (DBWC) has signed a memorandum of understanding with the Department of Economic Development (DED) with the aim of enhancing...

More Than Half Of UAE Residents Feel Expo Will Boost Country’s...

A large majority is likely to attend it and most people are excited to experience ‘innovation’ at the mega event As Dubai is set to...

IMF Fiscal Monitor: Global Economy Slowing Down

The global economy is slowing amid continued tight financing conditions, announced Vitor Gaspar, Director of the Fiscal Affairs Department at the IMF today (Wednesday,...

Businesses in Dubai Foresee Higher Revenues, Stronger Ground Ahead

• Business Confidence Index improves quarter-to-quarter and year-on-year • Large companies continue to maintain stronger projections Businesses in Dubai are confident of closing the year on...

Understanding The Depth of 2020 Global Recession

Current forecasts suggest that the coronavirus (COVID-19) global recession will be the deepest since World War II, with the largest fraction of economies experiencing...