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Gulf population expected to increase by 30% in 7 years

Till 2020, the GCC population is expected to reach 53.5 million, a 30 % increase over the scale from 2000. In the same period,...

Recessionary Sentiment Prevails in MENA Region

UAE’s Consumer Confidence ends 2015 on a slightly higher note UAE has the highest score in Africa/ Middle East region UAE led the way for Middle...

Consumer confidence rising further during last quarter of 2011

The overall consumer confidence index in Dubai increased 15 points to 125 over the last quarter of 2011 compared to the third quarter, according to the quarterly Consumer Confidence Index (CCI) of the Department of Economic Development (DED).

UAE Consumer Confidence at 108: Highest in Middle East

Middle East / Africa confidence declined two points to 94, as spending and personal finance sentiment dropped. UAE Consumer Confidence declined seven index points in...

Closing the Loop: Meet Pioneers Turning Global Economy Circular

The latest winners of the World Economic Forum’s Circulars awards demonstrate that a radical transformation is underway of how economic value is created...

Outlook 2016: Global Growth Edges Up

Economists at Goldman Sachs have released what they believe will be the 10 biggest  of 2016. Here they are: 1. Global growth, more stable than...

Dubai sees 17 % increase in trade licenses issued in Q2...

The total number of trade licenses issued by the Dubai Department of Economic Department (DED) during the second quarter of 2012 reached 4,499, a...

UAE Trust Barometer: Unshakeable

UAE ranked third most trusted country in the world, and all four institutions (government, business, NGOs, and media) retain significant trust levels Strong trust in...

UAE Consumer Confidence Took a Slight Dip in Q3 of 2016

The United Arab Emirates (UAE) consumer confidence declined by one point from the previous quarter to a score of 108, according to consumer confidence...
According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will account for 53% of the entire e-commerce transactional volume by 2025.

53% Of Online Shopping To Be Done By Digital Wallets By...

Mobile/digital wallets have become a mainstay of online payments within a short period of time. According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will...

GCC’s economic outlook indicates robust growth

A recently released analysis by Dubai Chamber of Commerce and Industry indicated a solid recovery outlook for GCC countries as their real GDP growth...

Price of milk products to be reduced by 15 per cent...

Following discussions with the UAE Ministry of Economy, Nestle has agreed to reduce the prices of milk products by 15% starting from today January...

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 one of the top most confident countries in the world...

The UAE is one of the top three most confident countries in the world on trade activity and growth, and traders in the country...

HH Sheikh Mohammed bin Rashid: National economy solid

The UAE's economy is robust and is based on solid foundations and a long-term vision, Vice President and Prime Minister and Ruler of Dubai...

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...

SME sector is a major factor of regional economic growth

His Excellency Mohammed Al Gergawi, Minister of Cabinet Affairs and the president of the organizing committee of Middle East SME, a forum for SMEs,...

UAE Reports Impressive Economic Growth in 2022 So Far

During a UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi, UAE rules revealed the economic progress of the country as reported by the...