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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...

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...

Al Mansouri emphasizes Government’s focus on further diversifying the economy

His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, has reiterated the UAE Government’s commitment to diversify the economy. He briefed...

Fitch lowers GCC economic growth forecasts

High oil production and prices will still underpin further robust non-oil growth, said the ratings agency in its newly-published quarterly GCC Sovereign Credit Overview. Oil...

Ministry of Economy to introduce new laws to enhance business competitiveness

New laws to cover Foreign Investment, Competition, Certificate of Origin, Arbitration, Industry Affairs Regulation, Amendment of Industrial Ownership,...

UAE Economy Projected to Grow by 2.5%, 3.5% in 2021, 2022:...

The Central Bank of the UAE projects real GDP to recover to positive growth of 2.5% in 2021, with non-oil GDP growing by 3.6%...

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...

Dubai’s debt could be as much as $170 billion: Report

The total debt of Dubai could be as much as $170 billion, much higher than earlier reported, according to a report by EFG-Hermes...
Gulf Cooperation Council economies are experiencing growth and development supported by positive reforms, higher oil revenues, and falling interest rates.

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...

Dubai Inflation Index Rose 0.76% June 2016

The monthly inflation in the prices of goods and services, part of consumers' basket in the Emirate of Dubai, rose by 0.76 percent in...

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...

How to Achieve Growth in the Middle East and North Africa

A thriving private sector is essential to drive sustainable economic growth. Economic integration will make MENAP a more competitive region. Selective deregulation, free...

Business activity in Dubai improves with no increase in employment

The index - a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy - has now...

How Businesses Can Prepare for a Post-Brexit World

Experts from London Business School share their views on Brexit and how businesses can prepare. To schedule an interview please contact Matt Jones at Four...

“In Dubai we are not good in publicizing what we are...

Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...
The UAE will set up a task force to create a next-generation economy structure for 2050-2060.

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...

World Bank Cuts Global Growth Outlook

The global economy will growth 2.4% this year, the World Bank predicts, amid troubles in both emerging markets and developed nations. The World Bank marked...

Dubai inflation increased 0.9 percent in February

Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...