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GCC Economies to Grow 14.51 per cent in 2021

Citing IMF figures, GCC Countries Macroeconomic Indicators report notes region’s nominal GDP to reach USD 1.6 trillion this year. COVID-19 vaccine rollout & upcoming mega...

Construction Booms and VAT Looms – Who Loses in This Equation?

     Construction materials prices rose last year, according to a Dubai Chamber report, even as the slowdown in the property sector continues ...

Dubai, Abu Dhabi Ranked Most Expensive Cities for Expats in Middle...

Dubai rises to Top 20 of the world’s most expensive cities for expatriates to live in Abu Dhabi (23rd) and Riyadh (52nd) also...

UAE’s Bankruptcy and Financial Restructuring Law almost ready

The Ministry of Finance has announced that it has referred the Bankruptcy and Financial Restructuring Law Initiative to technical committee at Ministry of Justice.

UAE consumers feel the country is now driving in the recovery...

A study released by Dubai Chamber of Commerce '&' Industry (DCCI) shows the consumer confidence in the UAE economy has risen as they start...

Annual Statistical Report on the Gulf Common Market

 In line with its continuous efforts to strengthen and deepen financial and economic cooperation between the countries of the Cooperation Council for the Arab...

Property sales in Dubai and Abu Dhabi stand still

Real estate Industry shrinks Property Consultants loose jobs Property sales in Dubai and Abu Dhabi have come to a near standstill, according to real estate industry...

Dubai Witnesses a 4.2% Increase in Capital Value Growth Over the...

Across the 30 cities in the report, capital values grew by an average of 3.9% over the first 6 months of 2021 Dubai among the...

Global Economic Weekly: Policy pauses and pitfalls

The latest report from BofA Merrill Lynch Global Research, titled, "BofA ML Economics - Global Economic Weekly: Policy pauses and pitfalls, authored by the Global Economics Team...
Allurion Balloon in the UAE to support a community struggling with being overweight and obese and thus the worrying risk of heart damage.

UAE Residents Still Risk Heart Damage with Lifestyle Choices

Allurion launched the Allurion Balloon (formally known as the Elipse Gastric Balloon) in the UAE to support a community struggling with being overweight and...

Survey forecasts global economic slowdown; Investors say recession will be avoided

Cash Holdings Close to Credit Crisis Highs in Wake of Equities Sell-Off Investors believe that the global economy will slow significantly in the coming 12...

Global Consumer Markets Trends Show Shifting Household Structure

Analyst estimate that during period between 2007 and 2012, global household growth went beyond the population growth. Through that time, worldwide household rose by...

UAE economy grew 3.3 percent in 2011

Contribution of the non-oil sectors rose to 70 percent in 2010 UAE  among Top 30 nations for attracting FDI UAE is on the course to welcome...

World Energy Outlook 2011 launched

World Energy Outlook 2011 launched

Signs of growing business optimism with MENA region

Despite the difficulties many economies around the world are facing, the Middle East and North Africa region (MENA) seems to be weathering the financial...
In UAE, the Fintech sector continues to develop

UAE’s Fintech Landscape Continues to Boost Developments, Innovative Solutions

UAE reaches EMEA top ten Fintech deals list in H1’21, says KPMG’s Pulse of Fintech H1 2021 – EMEA report. In the United Arab Emirates...

All eyes are now on Dubai

Dubai is ready to welcome more than 20 heads of state, when the World Energy Forum, is held outside New York for the first...