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...
Non-oil Activities Reached 50% of Saudi Arabia’s Real GDP in 2023
Non-oil activities in the Kingdom recorded their highest contribution to the Real GDP during the year 2023 at 50%, which is the highest historical...
Dubai Economy Fines 14 Merchants For Hiking Face Mask Prices
Dubai Economy has imposed fines on 14 merchants, including nine pharmacies in Nad Al Hamar, Al Mizhar, Nad Hessa, Sheikh Zayed Road, Hor Al...
Tech-Led Strategies for Economic Recovery
Leaders and industry experts joined the conclave for a discussion on the burning topic of transformative leadership and the road ahead for an economic...
COVID-19 Risks Outlook: Challenges and Opportunities
Economic distress and social discontent will rise over the next 18 months unless world leaders, businesses and policy-makers work together to manage the fallout...
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%...
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...
Resurgence of COVID-19 Could Cause Global Economic Depression
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...
More Economic Uncertainty on the Horizon
More than half (56%) of chief economists expect the global economy to weaken in 2024, with seven in 10 saying pace of geoeconomic fragmentation...
Ministry of Economy Plans for SME Sector For the Year 2020
The plan includes training programs to empower entrepreneurs; new channels to connect with global and regional markets; and extensive participations in specialized exhibitions
The...
Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion
Islamic economy registers 5.2 per cent growth over previous year
UAE ranks first across five of seven Islamic economy sectors
Investments in Islamic...
Fitch Rates UAE Outlook Stable ‘-AA’
Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook.
The move reflects...
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...
UAE Economy on Track towards Recovery in 2021
Federal Competitiveness & Statistics Centre reveals preliminary results of economic performance in 2020
The UAE economy performed better than expected in 2020 despite the current...
Most UAE Professionals Expect Long Recovery After Covid-19 Pandemic
The number of working residents claiming the pandemic has impacted their businesses has increased considerably over the past weeks
YouGov’s latest data from the second...
Dubai Economy Fines Pharmacies For Tampering With Prices Of Hygiene Essentials
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has imposed fines on three pharmacies, in Jumeirah, Al Khawaneej and Mirdif, for...
Dubai CPI Down By 1.20 In February 2020: DSC
The annual Consumer Price Index, CPI, rate in the Emirate of Dubai dropped by 1.20 percent in February 2020 compared to the same period...
UAE economy set to grow 3.2% in 2010
The UAE economy is set to post a real growth of 1.3% in 2009, rising to 3.2% in 2010, according to UAE Minister of...