Tag: Financial Crisis

The Chairman of the Abu Dhabi Department of Planning and Economy (DPE), Nasir Ahmed Al-Suwaidi, Monday inaugurated at the Emirates Palace Hotel the 3rd...

A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...

The UAE ministry of economy has proposed a new set of initiatives to strengthen the economy and minimise the impact of the global financial...

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...

Officials from Dubai are approaching the UAE government regarding a loan facility that would make state funds available to companies as international sources of...

Business ownership structure in UAE differs from that in the Western countries. About 95 per cent of the local companies are small and medium-size family enterprises.

On Sunday the Dubai Government formed a high-level committee to tackle the impact of the financial crisis on the emirate's property market. The committee...

1. In the wake of the global financial crisis, the world needs to examine its basic operating systems and aim for a “fundamental reboot”,...

Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...

The global recession or depression is well on the way as the financial crisis hits stock markets and banks all over the world and...