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Abu Dhabi GDP up 14.4% to AED 931 bn in 2018

Abu Dhabi's Gross Domestic Product, GDP, at current prices, increased by 14.4%, from AED 813.6 billion in 2017 to AED 931.0 billion in 2018,...

MSFNCA holds workshop on coordination between Government and Ministries

The Ministry of State for Federal National Council Affairs (MSFNCA) held a training workshop for a number of Federal ministries in the UAE and...

National plan to develop small and medium businesses

His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, said the Ministry will be the federal authority responsible for developing the small...

Gulf economies poised for recovery in 2010, forecasts Emirates NBD

Global economy consolidating after ‘V’ shaped market recovery; withdrawal of stimulus to be key theme in 2010 Growth in...

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...

UAE Liquidity Squeeze

The near-term direct impact of lower oil prices on UAE is more muted than for GCC peers. However, the indirect impact through lower regional...

Dubai: Inflation up 0.74% in Q1, 2011

Inflation rate in the Emirate of Dubai rose to record 0.74 % in the first quarter of 2011 compared to the same period of...

Dubai Government Debt at $31.4 billion

According to an investor presentation made Friday by the Dubai's department of finance, the total outstanding external term borrowings of the Government of the...

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...

Outlook 2016: Global Growth Edges Up

Economists at Goldman Sachs have released what they believe will be the 10 biggest  of 2016. Here they are: 1. Global growth, more stable than...

UAE among world’s 25 Rapid Growth Markets

25 Rapid Growth Markets (RGMs) to grow by an average of 6.2% this year and by 5.9% in 2012, compared with 1.6% growth for the Eurozone this year falling to 0.6% next year.

Global Growth on the Rise but Risks Remain, Predicts IMF

IMF projects global growth at 3.7 percent in 2014, rising to 3.9 percent in 2015 Growth pickup stronger in advanced economies; higher external demand to...

Dubai’s debt could be as much as $170 billion: Report

The total debt of Dubai could be as much as $170 billion, much higher than earlier reported, according to a report by EFG-Hermes...

2011 Forecasts: World’s population will reach 7 billion in 2011

Rate of population growth will slow With 267 people being born every minute and 108 dying, the world’s population will top seven billion next year,...

UAE Ministry of Economy focuses on consumer rights awareness with Fifth...

The UAE Ministry of Economy today launched the Fifth Gulf Consumer Protection Day under the Theme "Be Aware of Your Rights". The...

Middle East CEOs Optimistic about Growth

A region often associated with political crises and oil production, the Middle East is also a region where the chief executives are the most...

UAE to Become Open Global Laboratory to Fashion the Future of...

· The World Economic Forum’s second Annual Meeting of the Global Future Councils opened today · The internet of things will contribute $10-15 trillion to...

GCC Consumer Confidence Out Performs that of G8 Nations

The GCC is among the most optimistic regions in the world with KSA leading globally in consumer confidence despite the Covid-19 pandemic The GCC is...