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...
UAE Ranked First Globally in 22 Indicators, Global Competitiveness Report
The UAE is one of the world's top 20 economies in terms of FDI. AIM 2022 will explore pivotal themes, including mainstreaming Environmental, Social...
Unemployment, Governance Challenges, Energy Price Shocks Seen as Major Risks in...
New risk analysis by the World Economic Forum shows risk perception by regional business leaders focuses on economic, governance, and security issues
Risks...
Dubai Future District Launch; AED1 Billion Fund to Drive New Economy
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today announced during the second Dubai Council’s meeting,...
World Economy to Return to Pre-Pandemic Output in 2021
The OECD released its latest interim Economic Outlook report, providing us with an updated look at the pandemic’s impact on the world economy. Striking...
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...
UAE Announces ‘The Principles of The 50’ to Pave Economic, Political...
The UAE announced ‘The Principles of the 50’, as part of the ‘Projects of the 50’ campaign, to chart the strategic roadmap for the...
Rollout of Vaccines Puts Huge Uncertainty around All Economic Views
The end of the past financial year has been interesting in terms of what has happened within markets as well as between markets. At...
Consumer Confidence in Dubai Highest since 2015
The first quarter of 2021 saw consumer confidence in Dubai rising to its highest level since the second quarter of 2015, according to the...
Effective June 1st, UAE Commercial Companies Law allows 100% Foreign Ownership
UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, allowing foreign investors and entrepreneurs...
Severe Global Recession in H1 of 2020, Economists Consensus
A new research note from Deutsche Bank says that in the first half of 2020 the world will experience a “severe global recession”.
Also according...
FAB: GCC Will Outperform Global Economy in 2024
Group’s Global Investment Outlook 2024 report recommends investors diversify asset allocation, points to opportunities in MENA ESG investing.
The economies of the UAE and Gulf...
Global Financial Stability Report 2022 Soundbites
Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine, the...
GCC Consumer Confidence Out Performs that of G8 Nations
The GCC is among the most optimistic regions in the world with KSA leading globally in consumer confidence despite the Covid-19 pandemic
The GCC is...
Arab Petroleum Investments Corporation Highlights Economic Opportunities, Challenges for MENA Countries...
Arab Petroleum Investments Corporation (APICORP) highlights the economic opportunities and challenges for MENA countries under COVID-19These opportunities include bringing production closer to consuming markets...
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...
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...
World Free Zones Organization to Boost Free Zones’ Role in Global...
New ‘Free Zone Laboratory’ designed to develop free zone operations led by industry experts. In a first of its kind initiative aimed at empowering free...