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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...
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...

Doing Business 2020: Four Arab Countries Among World’s Top 10 Business...

Economies of Middle East & North Africa Accelerate Pace of Business Climate Reforms Economies in the Middle East and North Africa region implemented the most...

Industrial Commodities Prices to Surge in 2017

Tight supply, strong demand boosts energy, metals prices The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017,...

World Bank Cuts Global Growth Outlook

The global economy will growth 2.4% this year, the World Bank predicts, amid troubles in both emerging markets and developed nations. The World Bank marked...

UAE delegation participates in the spring meeting of IMF and the...

The UAE’s delegation, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, took part in the Spring Meeting of the...

World Bank cuts global economic forecast for 2016

Souring prospects in the world’s largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut the...

UAE the Best Arab Country for Starting New Business

The United Arab Emirates was found to be the best Arab country for starting new business and investment projects. That conclusion was made by...

Doing business in UAE gets easier, but investors protection is a...

The annual report by the World Bank and IFC, Doing Business 2013, measures 185 economies on the ease of starting and operating a local...

Developing countries made progress in improving business regulations

Local entrepreneurs in developing countries are finding it easier to do business than at any time in the last 10 years, highlighting the significant...

World Bank rates Dubai Municipality 12th in international competitiveness

Dubai Municipality has emerged as the 12th government organization worldwide for the year 2012 in terms of international competitiveness as rated by the World...

World Bank warns of fresh global recession

World Bank issued warning that the world is on the cusp of a new global recession that could be as bad as the crisis four years ago.

Opportunity: World food production must rise by 70 per cent

World food production must rise by 70 per cent as population rises by two billion over the next 40 years.

UAE Delegation attends World Bank-IMF Annual Meeting in Washington

A delegation from the UAE, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will be taking part in the...

GCC growth to exceed 5% in 2011, World Bank

Gulf Cooperation Council (GCC) countries are on course to maintain a strong economic growth exceeding five per cent in 2011, the World Bank said...

Abu Dhabi will host a World Bank office

The Executive Committee of Abu Dhabi Executive Council in its meeting yesterday approved to host the World Bank's office in Abu Dhabi for a...

World Bank team praises leading role of DED’s Business Registration and...

A World Bank delegation recently visited the Business Registration and Licensing Division at the Dubai Department of Economic Development (DED) to review the...