UAE’s diversified economy softens the blow of global trade worries
UAE’s diversified economy softens the blow of global trade worries and lower oil prices.
Inflation and oil prices begin to rise in the UAE
The UAE economy has been boosted by recent price rises in oil and gas, leading to a revival across the entire sector. However, it's not such great news for UAE residents who have…
Confidence in UAE continues its growth
Confidence in the United Arab Emirates has reached a 34-month high. According to a survey by Emirates NBD, the non-oil private sector saw a step-up in growth during April - a result…
Dubai unveils raft of business friendly reforms
Dubai is once again throwing its doors open to business, with a reform package that introduces a comprehensive series of policies designed to promote further economic growth and…
Private sector in Dubai has maintained strong growth in February
The Economy Tracker Index for Dubai (DET) for the month of February has revealed a great improvement throughout the non-oil private sector of Dubai for business conditions.
United Arab Emirates tops 11 key measures of global competitiveness
Representatives of the government of the United Arab Emirates (UAE) have announced the state has been named the top performer in 11 key measures of global competitiveness. This…
VAT reporting deadlines in the UAE to be relaxed
The UAE's tax authority has announced that it will be relaxing the reporting deadlines for VAT, for those businesses which qualify for the new scheme.
UAE Economy Will Bounce Back From VAT Blow
With the introduction of a 5% value added tax (VAT) in January 2018, analysts believe consumers will rush to make any large purchases at the tail end of 2017. This increased spending…