Dubai’s economic activity growth slowest in five years in October
Business activity in Dubai expanded at the slowest pace since February 2010, according to the latest Dubai Economy Tracker from Emirates NBD.
The output index...
Business confidence falls in Middle East, but not as quickly as...
Business confidence in the Middle East continued to fall in the second quarter of 2015, but not as quickly as it had in the...
UAE economy projected to grow by 2.3% in 2016; Inflation set...
The Ministry of Finance (MoF) has reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the...
Dubai’s Private Sector Business Activity Signals Robust Growth
January data signaled the strongest improvement in non-oil private sector business conditions for nearly two years.
This was highlighted by the seasonally adjusted Emirates NBD...
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,...
Outlook 2020: Global Growth Can Endure Over the Coming Year
Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...
Dubai Department of Economic Development and UAE Ministry of Social Affairs...
The Dubai Department of Economic Development (DED) and the UAE Ministry of Social Affairs signed a Memorandum of Understanding (MoU) to further strengthen foreign...
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...
Biggest ever Brainstorming on the Global Agenda ends with call for...
1. In the wake of the global financial crisis, the world needs to examine its basic operating systems and aim for a “fundamental rebootâ€,...
UAE non-oil sector up 3.9% at Dh294 billion in 2008
A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown...
UAE Consumer Confidence at 108: Highest in Middle East
Middle East / Africa confidence declined two points to 94, as spending and personal finance sentiment dropped.
UAE Consumer Confidence declined seven index points in...
Dubai Poised For Rapid Contactless Economy Growth
Dubai Internet City business partners driving mass adoption of contactless payment technologies in the region.
Visa’s innovation centre at Dubai Internet City supports the company’s...
1st Commercial Entity to Fully Integrate into Dubai’s Recently Launched Dubai...
Dubai Raffles, the first-of-its-kind digital platform launched by Dubai Economy earlier this year, to fully manage raffle draws along with all other types of...
Sri Lanka Business Council event highlights investment opportunities in Sri Lanka
The Sri Lanka Business Council (Dubai & Northern Emirates) hosted a successful dinner and networking event last week to discuss investment opportunities and to...
How a successful Expo 2020 bid will impact Dubai’s economic outlook
In a most recent note to investors, Bank of America focuses on Qatar and UAE economic development and highlights the benefits for the emirates'...
World-renowned experts to participate in ‘The Dubai Forum’
Under the Patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,...
Dubai Economy Tracker Index declined further in January
The Dubai Economy Tracker Index (DET) declined to 50.7 in January, signaling the slowest expansion in non-oil private sector activity in nearly six years.
Read...