UAE non-oil business activity improve at slowest rate in 16 months – PMI
The non-oil private sector’s growth in the UAE continued to decelerate in mid-2024, according to the latest PMI®…
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UAE’s economy
UAE’s Majid Al-Futtaim profits rise 18% in H1 2022 – statement
Dubai-based Majid Al-Futtaim Group announced that its earnings climbed to Dh1.9 billion ($517.71 million) and…
Over 15 mln visitors to Dubai in 2017 as Expo 2020 goal draws closer
Preparations for Expo 2020 across all industries especially the construction and hospitality sectors are in full…
UAE Real Estate Market Shows Early Signs Of Recovery: RICS Report
Sentiment in the UAE real estate investment market improved during the second quarter of 2012, boosted by the…
DEC Releases Study On UAE Banking Sector
The Economic Policy & Research Center (EPRC), the operational arm of Dubai Economic Council (DEC) recently…
Al Ghurair Calls On UAE To Cut Reserve Requirements
A top commercial banker in the United Arab Emirates has urged the central bank to cut some of its reserve…
UAE’s Central Bank Reports 25% Increase In “Suspicious Transactions
Financial firms in the United Arab Emirates have reported a 25 percent increase in "suspicious" transactions in the…
IMF: UAE May Face Risks From Euro Crisis
The United Arab Emirates and other Gulf countries could face major financial repercussions if the euro…
UAE’s Banks Not To Be Affected By Global Financial Crisis: Central Bank
The UAE's banks won’t be adversely impacted by the turmoil roiling international markets, the country’s central…
UAE Central Bank: Rate of Lending Growth “Reasonable”
The rate of bank lending growth in the United Arab Emirates is "reasonable," Central Bank Governor Sultan Nasser…
