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Economic Growth Momentum Ticks Up

With stronger improvements in output, new business and employment has contributed to the latest expansion. Meanwhile, backlogs of work increased at the fastest rate...

Business Confidence in Dubai Continues to Rise, Survey

Plans are underway to increase investment and upgrade technology Recent Dubai Government initiatives to boost investment and cut costs will underpin further improvements...

Panasonic Bullish on Middle East Growth

Panasonic to deepen its reach in the region through sales channel expansion, broader and innovative product portfolio To launch new campaigns as part...

2018 Market Outlook: Macro Bullish

Inflation could be a global game-changer for stock and credit markets Global economic growth accelerates BofA Merrill Lynch Global Research issued a bullish macro...

GCC Economic Growth Expected to Reach 2.5% in 2018

The Gulf Cooperation Council (GCC) region’s economy will grow near 2.5 percent in 2018, according to new forecasts from Moody’s Analytics, a leading provider...
Will The Coronavirus Crisis Push Property Prices Lower?

Dubai Economy Expected to Grow ‘3 to 4%’ in The Year...

The Dubai economy is expected to grow by 3 to 4 percent in the 2017-2018 period, Hamad Buamim, President and CEO of Dubai Chamber...

UAE Non-oil Growth Accelerates in October

The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index, which covers manufacturing and services, rose to 55.9 in October from 55.1 in September. Above...

IMF Forecasts UAE Growth To Triple In 2018

The International Monetary Fund expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from...

IMF Sees Limited Impact of VAT on UAE Economic Growth

On July 7, 2017, the Executive Board of the International Monetary Fund (IMF) concluded its latest assessment of United Arab Emirates economic outlook. Economic performance...

IMF Raises 2017 Outlook for Global Economic Growth

The International Monetary Fund has raised its outlook for global economic growth, citing a post election surge in confidence in the United States, better...

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...

Dubai Economy Grew 2.7% in 2016; Expected to Rise to 3.1%...

The economy of Dubai grew by 2.7% in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many...

IMF revises GCC countries’ GDP growth forecast to 1.8%

The International Monetary Fund revised once again its projection about the economic growth in the GCC countries. The latest estimate for 2016 has been...

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...

IMF: UAE economy maintains strong growth due to prudent financial policies

While oil-exporting countries face significant challenges as result of global economic turbulence and falling oil prices; the UAE continues to achieve new levels of...

A few thoughts on global economic recession 2016

Global economic recession is not just a terminology at which you have glimpsed while browsing social media on your smartphone. It is rather a disturbing...

IMF cuts global growth forecast

The International Monetary Fund once again cut its outlook for the global economy, warning Tuesday that economic turmoil in China and financial contagion throughout...

2016 Markets Outlook: Return of Value Investing

Glass Half-Full: Bullish on Stocks, Not Sectors; Year of Modest Global Growth: U.S. Grows, China Slows and Brazil Contracts; More Volatility as Monetary Policies Diverge, Rates...