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...
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 business activity hits 15-month low in August
Growth of the business activity in the private sector in UAE slowed to a 15-month low in August, according to the HSBC UAE Purchasing...
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...
UAE’s alternative energy projects up to US$100b by 2020
Globally, the total alternative investments could reach US$1.5 billion by 2010.
Dubai Government announces new pricing mechanism for Government services
1. Initiative to be introduced shortly under direction of His Highness Sheikh Mohammed Bin Rashid Al Maktoum
2. Pricing mechanism developed on scientific basis to...
Global Economy to Expand at Rate of 2.8% in 2017
The global economy is expected to expand at a rate of 2.8 percent in 2017, better than the 2016 rate, but marking a sixth...
Ministry of Economy to organise first UAE Symposium on Small and...
Under the patronage of His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, the Ministry is organizing the first UAE Symposium on...
Better Outlook for Global Economy; Some Risks Remain
International Monetary Fund (IMF) Managing Director, Christine Lagarde said the outlook for global economy is already starting to improve, with an essential part of...
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: Inflation up 0.74% in Q1, 2011
Inflation rate in the Emirate of Dubai rose to record 0.74 % in the first quarter of 2011 compared to the same period of...
Another step closer to VAT implementation in GCC
The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...
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...
UAE To Create New Task Force for Digital Economy
Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears
Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development
The...
UAE Ministry of Economy announces start of fourth Gulf Consumer Protection...
The UAE Ministry of Economy (MoE), today, announced the start of the fourth Gulf Consumer Protection Day, at a press conference held in Abu...
UAE Outperforms Global Counterparts in Dimensions of Income, Infrastructure
BCG’s global report on sustainable economic development progress places the UAE in the top quartile when it comes to well-being
UAE performs above the majority...
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...
UAE Ministry of Economy focuses on consumer rights awareness with Fifth...
The UAE Ministry of Economy today launched the Fifth Gulf Consumer Protection Day under the Theme "Be Aware of Your Rights". The...