U.A.E. Economy to contract 2.4% this year according Credit Suisse
The economy of the United Arab Emirates, the second largest in the Arab world, will contract by 2.4 percent this year as crude oil...
Average annual household consumption expenditure: AED 135.300
Statistics Center-Abu Dhabi (SCAD) released today a report on household consumption expenditure in the Emirate of Abu Dhabi, reported the official news agency WAM.
Statistical...
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...
UAE inflation 4.9pc at the end of April
The UAE Ministry of Economy released its first-ever monthly inflation data and said inflation in the second-largest Arab economy was an annual 4.94 per...
Dubai Government announces new pricing mechanism for Government services
1. Initiative to be introduced shortly under direction of His Highness Sheikh Mohammed Bin Rashid Al Maktoum
2. Pricing mechanism developed on scientific basis to...
Economy expected to contract 0.6 percent this year
The UAE Central Bank will keep interest rates low in 2009 as the Arab world’s second- biggest economy contracts due to falling oil prices,...
UAE economy ‘to recover faster than other nations’
The UAE is expected to recover from the global financial distress faster than other economies given its enormous wealth and experience in crisis management,...
UAE Economic & Strategic Outlook
Since the past few years, UAE’s economy had been performing exceptionally well on the back of surge in oil prices and strong growth in...
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...
Dubai ranked most competitive in Middle East
Dubai has the most competitive economy in the Middle East and ranks higher for its competitiveness than Japan, Germany, France or New Zealand, according...
Global financial crisis set to reduce prospects for economic growth :...
The present global financial crisis will reduce the prospects for the UAE economic growth from high single digit to low single digit growth 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...
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...
Arab Economic Council to expand Arab Trade Free Zone to include...
A high-level UAE delegation, led by His Excellency Mohammed Al Shihhi, Director General of the MoE, attended the 83rd meeting of the Arab Socio...
Recession or Depression?
A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...
UAE proposes fresh initiatives to tackle crisis
The UAE ministry of economy has proposed a new set of initiatives to strengthen the economy and minimise the impact of the global financial...
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...