Ministry of Economy to launch e-Payment service for Gulf Certificates of...
The UAE Ministry of Economy announced that the e-Payment service for the Gulf Certificates of Origin will be launched on April 25, 2010. This...
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...
“Depending on how debt is managed in Dubai, foreigners will decide...
Growth in the Gulf Cooperation Council states is expected to rise to 4.4 percent in 2010 and 4.7 percent in 2011, the Washington-based Institute...
GCC Economic Development and Outlook 2013
GCC nominal GDP reached about US$ 1.56 trillion in 2012, up from US$ 1.44 trillion in 2011; UAE economy to grow by 3.2% in...
Dubai’s GDP Increased by 4.7% in Q2
The economy of Dubai continues to revive robustly. Only in the second quarter of 2013, the emirate registered a 4.7% rise in GDP, reported...
Dubai Government Debt at $31.4 billion
According to an investor presentation made Friday by the Dubai's department of finance, the total outstanding external term borrowings of the Government of the...
New UBS Report Reveals Key Factors for Emerging Markets Competitiveness
UAE economy on a recovery path thanks to ongoing fiscal stimulus measures, spending related to hosting Dubai Expo 2020, rate cuts, and continuing diversification...
Dubai’s British Business Group voted best in the world
The British Business Group (BBG) for Dubai and Northern Emirates has beaten rival entries from every corner of the globe, including Paris, Shanghai and...
3rd Abu Dhabi Economic Forum opens
The Chairman of the Abu Dhabi Department of Planning and Economy (DPE), Nasir Ahmed Al-Suwaidi, Monday inaugurated at the Emirates Palace Hotel the 3rd...
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...
UAE to Become Open Global Laboratory to Fashion the Future of...
· The World Economic Forum’s second Annual Meeting of the Global Future Councils opened today
· The internet of things will contribute $10-15 trillion to...
Dubai inflation hits six-year high
A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services...
US Monetary Policy Normalization Woud Have Neutral Impact on GCC, IMF
How U.S. Monetary Policy Normalization Would Affect the Middle East
In its most recent regional economic outlook report, the International Monetary Fund states that GCC...
Recession Receding: Global Consumers More Optimistic Than in 2014
Though consumer confidence scores saw a slowdown between the third and fourth quarters of 2014, people are still finding reasons to see the glass...
Arab World Competitiveness Report 2013 Highlights Job Creation
Arab World Competitiveness Report 2013 highlights job creation as the major economic challenge for leaders in the Middle East
Among the 13 countries in focus,...
UAE’s Private Business Activity Rose in May
Activity in United Arab Emirates’ private business sector registered a three-month high in May, reported HSBC. That was due to a jump in the...
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...
Demography to play a crucial role in GCC economic growth
GCC economic growth and future is linked to the dynamics of the region’s demography
Dependency ratio will be an issue due to the...