IMF Forecasts Slow Growth in Developing Nations
The International Monetary Fund warned on Tuesday about persistently slow growth in developing economies. These countries will not soon regain the high rates of...
The Impact of Corona on GCC and The Global Economy
The GCC economy depends heavily on revenues from the sale of oil and its derivatives on the world market. Complicating the situation, the GCC...
How Businesses Can Prepare for a Post-Brexit World
Experts from London Business School share their views on Brexit and how businesses can prepare.
To schedule an interview please contact Matt Jones at Four...
UAE ranked 37th in innovation performance
For the second year running, Qatar and the UAE lead the Middle East in overall innovation performance, according to the Global Innovation Index 2012...
Dubai Launches $400 Million Economic Stimulus Package for Next 3 Months
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai...
World Economic Outlook 2022: Global Growth Downgraded
Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced...
Understanding The Depth of 2020 Global Recession
Current forecasts suggest that the coronavirus (COVID-19) global recession will be the deepest since World War II, with the largest fraction of economies experiencing...
Licenses issued in Dubai rose 14% in May 2012
The number of trade licenses issued by the Department of Economic Development (DED) in May 2012 reached 1,542, an increase of 14 per cent...
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...
Dubai Year in Review 2016 – Plenty of Opportunities
While low oil prices weighed heavily on many of Dubai’s trading partners and neighbours, the emirate delivered a strong economic performance in 2016, buoyed...
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...
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...
UAE Economy Forecast to Grow by 3.8%
• New analysis on outlook for UAE and global economies released during recent business seminar at Dubai Chamber
• MENA region accounts for the largest...
GCC Countries Back on Path to Economic Growth
More reforms needed to achieve economic diversification and to improve competitiveness
Following a year of economic distress, Gulf Cooperation Council (GCC) economies are expected to...