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Businesses in Dubai foresee rising demand and higher profits in Q2...

Businesses in Dubai are confident of growth trends continuing to the second quarter of 2013, shows the quarterly business confidence survey conducted by the...

Movable Asset Registry Project Launch

60% of UAE's GDP originate from SMEs 95% of Dubai enterprises belong to SME category Ministry of Finance and IFC to singed recently a project service...

Manufacturing Sector contributes 13% to Dubai’s GDP

Dubai’s Direct Exports valued at AED68 billion in 2010 Owing to increased government support and funding, the UAE’s manufacturing sector was among the largest non-oil...

UAE-Spain committee concludes first meeting in Madrid

The UAE Minister of Economy His Excellency Sultan Al Mansouri, and His Excellency Miguel Sebastian, Minister of Industry, Tourism and Commerce, issued a joint...

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...

More than 30 organizations from public and private Sector move to...

Business Village Provides fully integrated services and solutions for entrepreneurs and existing small and medium Enterprises (SMEs) The Mohammed Bin Rashid...

“Just a little inflation” does not exist

Some people think that a little inflation is all the economy needs to break out of the doldrums. However, what they don’t realize is...

UAE economy ‘to recover faster than other nations’

The UAE is expected to recover from the global financial distress faster than other economies given its enormous wealth and experience in crisis management,...

Dubai Economy Reveals Details Of Closing Down Commercial Establishments, Activities

Dubai Economy has directed commercial establishments in the emirate to close down for two weeks starting today in line with the preventive measures announced...

New regulations to promote efficiency, transparency, and investor confidence in UAE’s...

Preparations are underway to launch a batch of new laws in a bid to improve and modernize the current legislative system and further enhance...
Dubai Government Agencies To Cut Spending, Freeze Hiring

Dubai Government Agencies To Cut Spending, Freeze Hiring

In response to the coronavirus outbreak, Dubai’s department of finance has directed all government agencies to slash capital spending and halt new hiring until...

IMF Issues Statement on UAE’s Financial and Economic Performance

IMF issues its Concluding Statement for 2013 following its Meeting with the UAE on Article IV The International Monetary Fund (IMF) recently issued the delegation’s...

Water Conservation Efforts Double in GCC due to Rising Population, Economic...

Region’s desalination capacity to increase by 40 per cent in next five years More than half of the world's total desalination output originates...

Dubai SME seminar highlights the need to differentiate for business success

Dubai SME, an agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprises (SME) sector, recently hosted...

IMF cut its global growth outlook for 2013

The International Monetary Fund cut its global growth outlook for this year and the next one. Capital outflows are projected to further weaken emerging...

IMF: Global Financial Stability Report April 2021 Forecast

The global economy is finally emerging from the worst phases of the COVID-19 pandemic, although with prospects diverging starkly across regions and countries, the...

UAE Minister of Economy opens second meeting of UAE- Azerbaijan Joint...

The second meeting of the UAE- Azerbaijan joint economic committee was inaugurated today in Abu Dhabi. H.E Sultan Bin Saeed Al Mansouri, UAE...

Dubai Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...