web analytics

Global Consumer Confidence Reported Slow Steady Improvement in Q2

Global consumer confidence increased one point to an index of 94 in the second quarter, according to consumer confidence findings from Nielsen. The increase...

Developing East Asia to continue driving global economy in 2014

Changing global outlook highlights need for structural reforms to sustain growth and share prosperity Developing East Asia is expanding at a slower pace as China...

UAE’s Progress Towards Greener Economy Measured by International Standards

The 2014 Global Green Economy Index (GGEI) revealed that UAE' economy is the greenest in the Middle East. However, on a more global scale,...

IMF cut its global growth outlook for 2013

The International Monetary Fund cut its global growth outlook for this year and the next one. Capital outflows are projected to further weaken emerging...

IMF: Global Financial Stability Report April 2021 Forecast

The global economy is finally emerging from the worst phases of the COVID-19 pandemic, although with prospects diverging starkly across regions and countries, the...

UAE Minister of Economy opens second meeting of UAE- Azerbaijan Joint...

The second meeting of the UAE- Azerbaijan joint economic committee was inaugurated today in Abu Dhabi. H.E Sultan Bin Saeed Al Mansouri, UAE...

Dubai Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...

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...
The UAE will set up a task force to create a next-generation economy structure for 2050-2060.

UAE To Create New Task Force for Digital Economy

Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development The...

UAE the Best Arab Country for Starting New Business

The United Arab Emirates was found to be the best Arab country for starting new business and investment projects. That conclusion was made by...

IMF Raises 2017 Outlook for Global Economic Growth

The International Monetary Fund has raised its outlook for global economic growth, citing a post election surge in confidence in the United States, better...

Double taxation agreement between UAE and Saudi Arabia comes into effect

The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries It...

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...

Balance between short-term needs and long-term strategy essential

Short-term thinking has hit the headlines in recent years as the catalyst for the recent economic crisis. As regional business continues to evolve at...

GCC branches granted equality to local companies

UAE cabinet today gave its nod for GCC companies to open branches in the UAE and achieve full equality between their branches and those of national counterparts.

Global economy enters recession

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...

Small and Medium Enterprises Hold Key to Regional Economic Growth

A special report by Allied Investment Partners, however, reveals that with adequate financing and investor uptake still lacking, regional economic growth will remain sluggish As...

Dubai real growth forecast: 2.1% in 2019, 3.8% in 2020, and...

Government-led policy initiatives and investments, improved growth prospects in trading partners, and preparation to host Expo 2020 Dubai are providing increased private sector credit...