Short Term Business Confidence Falls across Middle East
Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level since the second quarter...
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...
Global economy slowing, could get worse
International Monetary Fund Managing Director Christine Lagarde warned the global economy was slowing. She said the situation could get worse, because Europe was not...
A few thoughts on global economic recession 2016
Global economic recession is not just a terminology at which you have glimpsed while browsing social media on your smartphone. It is rather a disturbing...
Dubai Economy Grew 2.7% in 2016; Expected to Rise to 3.1%...
The economy of Dubai grew by 2.7% in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many...
Business confidence in Dubai soars on rebound in key sectors
Economic activity and outlook demonstrates stable growth and move towards sustainability
The economy of Dubai looks set to sustain its growth momentum with investor confidence...
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 hosts 91st GCC Financial and Economic Committee Meeting
The UAE will be hosting the 91st GCC Financial and Economic Committee Meeting which will be headed by HH Sheikh Hamdan bin Rashid Al...
Licenses issued in Dubai rose 14% in May 2012
The number of trade licenses issued by the Department of Economic Development (DED) in May 2012 reached 1,542, an increase of 14 per cent...
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...
MSFNCA holds workshop on coordination between Government and Ministries
The Ministry of State for Federal National Council Affairs (MSFNCA) held a training workshop for a number of Federal ministries in the UAE and...
Dubai Economy unveils R&D platform initiative to boost competitiveness
Portal will promote innovation partnerships between the industry and academia and enhance productivity in Dubai
R&D collaboration to eventually bring financial benefits to...
GCC Economies Witnessing a Golden Age of Progress and Growth
Regional economies are undergoing a positive cycle of improving competitiveness and growth amid higher oil revenues and economic reforms, Majid Jafar tells Davos
Region’s digital...
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: Seventh on government spending efficiency by World Economic Forum
The UAE is ranked seventh in the world in terms of efficiency of government spending in the 2010-2011 Global Competitiveness Report of the World...
UAE GDP growth to hit 4.5% in 2012
The UAE's gross domestic product (GDP) growth is expected to reach 4.5 per cent by the end of the current year, surpassing last year's...
Dubai tops ‘Middle East Cities of the Future’ ranking by fDi...
Economic potential, business friendliness, infrastructure and quality of life earn high scores
Evaluation by experts on the basis of 76 criteria
Testimony to DED’s efforts in...