Tourism, hospitality and retail set to reap the benefits of six-month long mega event The UAE economy is expected to accelerate next year as Expo 2020 Dubai bolsters the tourism, hospitality and retail sectors, however geopolitical tensions in the region and a potential further...

Sheikh Hamdan said projected short-to-medium term economic activity in Dubai indicates a real GDP growth of 2.1 per cent this year, 3.2 per cent in 2020 and three per cent in 2021 Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive...

Mubadala Investment Company exec says $100bn in the United States, with rest of portfolio almost equally split between the UAE, Europe and Asia Abu Dhabi-based state investor Mubadala Investment Company has invested $100 billion in the United States, more than 40 percent of its $240...

More than 5,000 property transactions recorded with the Dubai Land Department in November, a 11-year high on a monthly basis Dubai property sales transactions have scaled record highs since the government announced forming a committee to ensure that semi-government real estate...

Sheikh Ammar bin Humaid Al Nuaimi inaugurates Thumbay Medicity and Thumbay University Hospital Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and chairman of Ajman Executive Council, has launched the AED1 billion ($272 million) Thumbay Medicity project in the emirate. He...

Property prices have slid by around 25 per cent in Dubai since mid-2014, the peak from its recovery from the 2009 debt crisis Demand for Dubai's property remains pretty strong despite oversupply and demand-supply balance is likely to be achieved by 2022, say senior industry officials....

Security of personalised data will lead to an increase on data security spending The improved connectivity that 5G will bring in the next few years, will come with greater security threats, and organisations will need to work harder to defend themselves against cybercriminals as they...

The UAE is one spot away from achieving its goal of becoming one of the world's top 25 countries on the Index by 2021 The UAE jumped 23 positions on UNDP Gender Inequality Index 2019 to occupy the 26th position globally. The country was also ranked first in the Arab World in the latest...

The trade war could even end up in the formation of two global economies Trade war tariffs imposed by the US and China have started to affect corporate businesses of all sizes in a big way. Dr Vikram Mansharamani, an economist, Harvard lecturer and the author of Boombustology, said...

The UAE has introduced nearly three dozen reforms in the last one decade The UAE aims to become the most business friendly country in the world over the next couple of years and the target is quite achievable, senior official of UAE and World Bank Group said on Sunday, December 8....