Giant Leaps Forward for Future World Capital of the New Economy
The Government of Dubai kicked off the new year with announcements on major plans for global promotion strategies for the emirate as an investment...
Expo 2020 Dubai to contribute AED122.6 billion to UAE economy
Expo 2020 Dubai and its legacy are expected to contribute AED122.6 billion of gross value added, GVA, to the UAE’s economy from 2013 to...
Inflation slows in UAE on declining housing, oil prices
In July, inflation in UAE slowed to 1.3 percent, as residential and oil prices had their biggest monthly drop in more than a year.
Inflation...
Outlook 2020: Global Growth Can Endure Over the Coming Year
Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...
Leading experts to Address key global Challenges at Forum’s second Summit...
1. Dubai welcomes back the World Economic Forum’s Summit on the Global Agenda from 20 to 22 November 2009
2. For more information on the...
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...
Bahrain to Implement VAT Effective 1 January 2019
The parliament in Bahrain has today approved the introduction of Value Added Tax (VAT) which will be effective starting 1 January 2019 at the...
World Economic Outlook 2022: Global Growth Downgraded
Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced...
Statement from HH Sheikh Ahmad bin Saeed Al-Maktoum on Dubai World...
"Dubai World has today announced that headline economic terms for its restructuring have been agreed in principle with the Coordinating Committee, accounting for a...
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...
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...
National plan to develop small and medium businesses
His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, said the Ministry will be the federal authority responsible for developing the small...
GCC Economies to Grow 14.51 per cent in 2021
Citing IMF figures, GCC Countries Macroeconomic Indicators report notes region’s nominal GDP to reach USD 1.6 trillion this year.
COVID-19 vaccine rollout & upcoming mega...
Abu Dhabi Fund for Development Discusses Investing in Digital Economy
Fund supports WGS 2019 as strategic partner
ADFD honoured by Global Council for Sustainable Development Goals for its efforts in achieving SDGs
Abu Dhabi...
UAE Cabinet approves non-deficit Union Budget for 2013
The UAE Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said today that health, education,...
Global Growth Outlook Stabilized; What’s ahead in 2020?
Global financial conditions have improved across the world, although rising debt levels pose a future threat.
An uneasy cessation of trade hostilities between...
Dubai Economy Issues 4,692 Instant Licenses To Date
Registration of ‘Native’ workers can be completed through the Instant License
Instant License do not need the company’s lease and location for the...
Dubai Holding, Meraas Unveil $272m Relief Package
Dubai Holding, a global investment holding company, and Meraas, Dubai’s premier developer and operator of lifestyle destinations, have announced the launch of an economic...