Economy FeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021Rebound in tourism and oil prices are likely to lead the recovery...Read more
Economy FeaturedUAE’s GDP is estimated to shrink by 6% in 2020Pritam BordoloiDecember 23, 2020 by Pritam BordoloiDecember 23, 2020However, the economy is expected to grow 2.5 percent in 2021...Read more
Economy FeaturedGolden visa extension will support UAE’s economic recoveryPritam BordoloiNovember 25, 2020 by Pritam BordoloiNovember 25, 2020Recently, the UAE approved the issue of a 10-year golden visa to professionals from various sectors...Read more
Economy FeaturedUAE’s revised economic outlook to contract by 6.6% in 2020: IMFPritam BordoloiOctober 14, 2020October 14, 2020 by Pritam BordoloiOctober 14, 2020October 14, 2020economy will recover by 1.3 percent next year...Read more
Economy FeaturedUAE GDP to contract by 5.2% in 2020: Central bankPritam BordoloiSeptember 24, 2020 by Pritam BordoloiSeptember 24, 2020Previously, the central bank had predicted GDP to contract by 3.6%...Read more
Economy FeaturedDubai’s GDP declines 3.5% in first quarter year-on-yearPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020Real estate activity registered a growth of 3.7% in Q1 2020...Read more
Banking FeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic...Read more
Economy FeaturedUAE economy to grow 2.5% in 2020: IMFInternational FinanceJanuary 24, 2020March 18, 2020 by International FinanceJanuary 24, 2020March 18, 2020The UAE economy’s projected growth will be driven by the energy sector, World Expo 2020 and bold reforms...Read more
EconomyUAE to see higher growth due to greater spendingPritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank...Read more
TradingGold dominates UAE’s non-oil trade; total non-oil volume hits Dh1.6 tnInternational Finance DeskMay 29, 2019November 14, 2019 by International Finance DeskMay 29, 2019November 14, 2019UAE’s trade with Arab countries made 21 percent of total non-oil trade...Read more