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UAE Ranked 5th Country Worldwide for Efficiency of Government Spending

The UAE was ranked fifth in the world in terms of efficiency of government spending in the 2011-2012 Global Competitiveness Report of the World Economic Forum (WEF), reflecting the UAE’s leadership’s vision and strategy of achieving prosperity for its citizens.

Arab Monetary Fund unlikely to offer aid to Eurozone

The Arab Monetary Fund is unlikely to offer any funding assistance to the euro zone because providing loans to unrest-hit countries across the Arab world has priority, Director General Jassim al-Mannai said on Sunday.

Protests alter forecasts for premium growth in MENA

The political and social unrest in the Middle East and North Africa (MENA) region will affect the insurance industries of each country to varying degrees

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.

Dubai Chamber prepares for 3rd Dubai Business Gala

The Dubai Business gala is the premier meeting of its kind in the Middle East and North Africa region, attracting more than 1,000 business leaders.

World Energy Outlook 2011 launched

World Energy Outlook 2011 launched

Dubai neither doomed to fail, nor a safe haven

UAE looks better placed than other markets in CEEMEA at the current time.

Entrepreneurs speak out

For 62% of entrepreneurs, focusing on innovation should be the number one priority 80% of entrepreneurs say governments should facilitate access to funding for young...

Asia-Pacific’s HNWI Population exceeds Europe’s for First Time

Wealth Management Firms Need to Offer Capabilities from Other Business Units to Meet Demands of Asia-Pacific HNWIs Asia-Pacific’s population of high net worth individuals (HNWIs1) grew...

October – A Crunch Month

• October - a testing month for the markets • The third quarter was a disaster for risk assets • Euro zone on the cusp of...

As of today, where does Dubai stand?

Dubai is a place like no other, with a colorful and controversial mix of people that matches its reputation. During the last decade, media...

Sheikh Mohammed: “Wait for developmental and economic surprises in UAE!”

In remarks to the media during the inauguration of Dubai Metro's Green Line today, His Highness expressed his great satisfaction with the momentous achievement,...

GCC Emerging, Frontier Markets Haven in Focus

“Once you start thinking about growth… …it is hard to think about anything else.” So declared economics Nobel laureate Robert Lucas, and his point...

Dubai crowned as ‘Middle East City of the Future’

City leads in Economic Potential, Infrastructure and Business Friendliness in ranking by fDi magazine Dubai has been crowned once again as the ‘Middle East...

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...

Short Term Solutions – Long Term Problems

US still risks default and downgrade Euro zone buys time Few drivers of growth surprises- major economies still struggle Equities are likely to see selling pressure A positive-...