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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...

FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...

Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7% The foreign direct investment (FDI) inflows to the UAE recorded...

Middle East: Year in Review 2021

Higher oil prices helped Middle Eastern countries return to growth in 2021 Notwithstanding the rebound, some governments rolled out fiscal rationalisation plans Business-friendly and social reforms...

Rapid Economic Growth, Improved Global Migration Are Propelling Middle East’s Real...

The Savills global living 2021 report focuses on the impact of global migration and post-pandemic trends on world cities with a GDP of USD...

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...

UAE Announces ‘The Principles of The 50’ to Pave Economic, Political...

The UAE announced ‘The Principles of the 50’, as part of the ‘Projects of the 50’ campaign, to chart the strategic roadmap for the...
Ministry Of Economy & The Licensing Authorities Begin Issuance Of Written Warnings To Establishments Violating UBO Procedures

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...

UAE Economy on Track towards Recovery in 2021

Federal Competitiveness & Statistics Centre reveals preliminary results of economic performance in 2020 The UAE economy performed better than expected in 2020 despite the current...
Aberdeen Standard Investments

GCC Economic Recovery Uneven across Different Industries

“The IMF report predicts real GDP growth in MENA to pick up to 4% this year, which is significant improvement on the 3.2% it...
The UAE’s Special Industrial Zones Vital Incubators For Innovation

UAE’s Special Industrial Zones Vital Incubators for Innovation

The UAE is headed towards an exciting new phase of sustainable economic growth – one that is driven by an enhanced, technologically advanced and...

UAE Economy Projected to Grow by 2.5%, 3.5% in 2021, 2022:...

The Central Bank of the UAE projects real GDP to recover to positive growth of 2.5% in 2021, with non-oil GDP growing by 3.6%...

Redefining The GCC Economic Future

Emerging signs of economic diversification into future-proof sectors bode well for GCC economies and MENA investors long-term. The long-term outlook for MENA based investors looks...

Rising Infection Rates May Slowdown Economic Activity

Global equity markets closed the week on a negative note as investors might have booked some profits after sharp rise in tech stocks. Nevertheless...

Economic Impact of COVID-19 Around The World

UK to pay up to 80% of employee wages for those unable to work due to the pandemic. US lawmakers continue negotiations over...

How to Achieve Growth in the Middle East and North Africa

A thriving private sector is essential to drive sustainable economic growth. Economic integration will make MENAP a more competitive region. Selective deregulation, free...

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 Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...

Global Investment Symposium Puts Spotlight on Economic Outlook and Investment Trends...

2020 economic growth outlook looks good despite underlying geopolitical, market risks seems to be the overriding consensus by the experts at the symposium As the...