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U.A.E. PMI fell from September’s all-time high

Output growth slows slightly, but remains sharp overall October data signaled a slowing of output growth in the UAE’s non-oil producing private sector, while new...

Economists, businesspersons upbeat about high credibility of Dubai economy

Economists and businesspersons are upbeat about the launching of US$20 billion long term bond programme by Dubai Government, saying the move reflects the UAE...

DED unveils digital face of Dubai business community

User-friendly interface, new online services at core of pro-customer website The Department of Economic Development (DED) recently unveiled the new website of the Dubai business...

UAE Consumer Confidence at a decline in Q4

UAE consumer confidence index dropped 10 points from 102 points in Q3 to 92 in Q4 as a result ...

Report on business opportunities in Dubai underway

Dubai FDI, the foreign direct investment (FDI) office in the Department of Economic Development (DED), has formed a partnership with the international business consultancy...

UAE Liquidity Squeeze

The near-term direct impact of lower oil prices on UAE is more muted than for GCC peers. However, the indirect impact through lower regional...

What Does Dubai’s Rising Cost of Living Mean for the City?

Dubai has long been a popular destination for tourists and mobile workers alike. With a strong economy and numerous opportunities for those looking for...

Confidence in the Middle East Falling to its Lowest Level in...

A survey of more than 1,000 senior accountancy experts on economic conditions worldwide finds that global confidence in Q3 fell to its lowest level...
Dubai Government Agencies To Cut Spending, Freeze Hiring

Dubai’s Consumer Confidence Index Highest Since 2017

Dubai saw its Consumer Confidence Index during the last quarter of 2020 rising to the highest level since the third quarter of 2017, said...

DED to launch comprehensive business registration guide for investors in Dubai

The Business Registration and Licensing Division at the Dubai Department of Economic Development (DED) will issue a comprehensive guide on the various procedures relating...

DED supports Chilean Business Week to explore bilateral business opportunities

The Department of Economic Development (DED) and its Foreign Investment Office (FIO) are endorsing a delegation of Chilean entrepreneurs headed by the Chilean...

IMF warns UAE on risk from debt-laden entities

While the economic recovery in the United Arab Emirates is gaining strength, the International Monetary Fund Monday warned about the risk posed by debt-laden...

New Draft Law on UAE Companies approved

The UAE Cabinet on Sunday approved the new draft law on companies, which aims to enhance the flexibility and strength of the national economy

Dubai Business Confidence Index rose to 122 points in Q3

Dubai businesses buoyant on higher sales and volumes expected during winter 2012 Confidence rises on high demand and improved performance across key sectors Businesses in Dubai...

China slowdown not solely responsible for market volatility

The slowdown in the Chinese economy is one factor contributing to global market volatility Investors and economists everywhere are worried about the interest rates of...

UAE Cabinet approves new organisational structure of the Ministry of Economy

Al Mansouri: New structure guarantees excellence and achieving ministry’s strategic objectives The UAE Cabinet has approved the new organisational structure of the Ministry of Economy...

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...

Debt restructuring is normal business response

HE Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, stated today that debt restructuring is a normal business response and the decision by...