UAE Non-Oil GDP to Pick Up in 2017
Standard Chartered expects a slight pickup in the UAE’s non-oil economy with a 3.2% growth in 2017 supported by “a loosening of belt” by Abu Dhabi.
RAK Launches Economic Zone to Attract Investors
The government of Ras Al Khamiah last Monday announced the launch of Ras Al Khaimah Economic Zone (RAKEZ) to offer the best services to attract investors into the emirate.
The GCC Steps Up Its Efforts to Improve SME Ecosys
With the oil price slump creating a $275 billion export shortfall for countries apart of the Gulf Cooperation Council (GCC) regional government have begun to prioritise economic…
Ruler of Dubai Issues New Laws for Free Zones
Ruler of Dubai, Vice-President and Prime Minister of the UAE, His highness Sheikh Mohammed Bin Rashid Al Makotum has issued a new law on the regulations issued by the authorities…
UAE Solid Non-oil Private Sector Growth Maintained
The strong performance of the UAE’s non-oil private sector which was recorded at the start of the third quarter was largely maintained in August, according to a recent business…
66% Of Dubai Firms Expect Headcount Growth in 2017
Earlier in February and March of 2016, a survey conducted by Citi bank in concurrence with YouGov revealed that around 66 per cent of businesses in Dubai expect headcount to grow…
UAE's Non-Oil Sector Expands at a Steady Pace
The non-oil sector in the UAE has continued to grow in June due to higher outputs and new orders, but at a slower pace than previous months a new survey shows.
DMCC see 18% Growth, Passes 12,000-firm milestone
The government authority on trade, enterprise and commodities in Dubai, DMCC announced that its member companies surpassed the 12,000 mark last month.