EconomyFeaturedGCC to see a GDP growth of 2.5% during 2021-23: S&PPritam BordoloiMarch 17, 2021 by Pritam BordoloiMarch 17, 2021 S&P predicts average Brent oil price of $60 in 2021 and 2022 and $55 in 2023... Read more
EconomyFeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
EconomyFeaturedUAE’s GDP is estimated to shrink by 6% in 2020Pritam BordoloiDecember 23, 2020 by Pritam BordoloiDecember 23, 2020 However, the economy is expected to grow 2.5 percent in 2021... Read more
EconomyFeaturedGolden visa extension will support UAE’s economic recoveryPritam BordoloiNovember 25, 2020 by Pritam BordoloiNovember 25, 2020 Recently, the UAE approved the issue of a 10-year golden visa to professionals from various sectors... Read more
EconomyFeaturedUAE’s revised economic outlook to contract by 6.6% in 2020: IMFPritam BordoloiOctober 14, 2020October 14, 2020 by Pritam BordoloiOctober 14, 2020October 14, 2020 economy will recover by 1.3 percent next year... Read more
EconomyFeaturedUAE GDP to contract by 5.2% in 2020: Central bankPritam BordoloiSeptember 24, 2020 by Pritam BordoloiSeptember 24, 2020 Previously, the central bank had predicted GDP to contract by 3.6%... Read more
EconomyFeaturedDubai’s GDP declines 3.5% in first quarter year-on-yearPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Real estate activity registered a growth of 3.7% in Q1 2020... Read more
BankingFeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more
EconomyFeaturedUAE economy to grow 2.5% in 2020: IMFInternational FinanceJanuary 24, 2020March 18, 2020 by International FinanceJanuary 24, 2020March 18, 2020 The 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, 2019 The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank... Read more