UAE’s private business confidence at a five-year high
The monthly UAE’s Purchasing Managers’ Index, a key measure used to define business sentiments, for May was at 59.4, the first time since January 2015....
11
Jun
31
May
UAE among top five in IMD World Competitiveness Ranking
The UAE’s achievement follows continues improvement in the IMD global competitiveness ranking for the past several years....
22
May
UAE launches permanent residency system, benefits 6,800 investors in first batch
The UAE has just added another feather to its cap with the launch of a permanent residency system dubbed the “Golden Card". ...
07
May
UAE economic growth momentum ‘at turning point’, says IMF
The UAE's economy is at a "turning point" due to government-led stimulus, Expo 2020 investment, higher oil prices and a pause in monetary tightening...
30
Apr
A vote of confidence in Dubai real estate
Berkshire Hathaway’s real estate brokerage firm’s foray into Dubai signals a vote of confidence in the UAE property market...
23
Apr
UAE attracts about 2,000 millionaires as wealth migration grows
The GCC is expected to post economic growth of 2.3 percent in 2019, a marginal improvement on the previous year of 0.3 percent...
22
Apr
GCC economy forecast to grow by 2.3% in 2019
The GCC is expected to post economic growth of 2.3 percent in 2019, a marginal improvement on the previous year of 0.3 percent...
17
Apr
Dubai Expo 2020 to contribute Dh122 billion to UAE economy, support 49,700 jobs per annum
Dubai Expo 2020 will have contributed Dh122.6 billion in value to the UAE’s economy by 2031, equivalent to 1.5 per cent of the UAE’s GDP...
08
Apr
Dubai attracts Dh38.5 billion worth of FDI in 2018
Dubai on Sunday said it attracted 41 per cent more foreign direct investment (FDI) last year compared to 2017, and emerged first in a global ranking....
03
Apr
Dubai’s GDP grows 1.9%, adds $108bn in 2018
Dubai’s GDP at constant prices achieved a growth rate of 1.94 percent in 2018 with a value added of AED398.1 billion ($108.3 billion)...