Friday 29 March 2024
 
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UAE economy

Sovereign bonds law ‘to boost UAE economy’

The new law enabling the federal government to issue sovereign bonds will deliver a major boost to the UAE economy by providing multiple benefits for the country’s investment environment, legal experts say. STA Law Firm beli

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Cityscape's growth 'testament to UAE economy's resilience'

The massive turnout at Cityscape Global is a testament that the UAE economy will remain resilient thanks to investor trust in a business-friendly environment and legislation conducive to entrepreneurship for global entities and individuals alike

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Built assets to contribute over $350bn to UAE economy

The investment in buildings and infrastructure is playing a key role in supporting the UAE’s economic diversification agenda, said a report by Arcadis, the leading global design and consultancy for natural and built assets.

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UAE economic growth seen at 3.9pc in 2015

Real economic growth in the UAE is estimated at 3.9 per cent year-on-year (y/y) for 2015, as real oil GDP growth continued to be affected by conditions in international energy markets, a report said. A resilient non-oil sector and

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UAE economy to grow by 4.5pc in 2014: IMF

The GDP is projected to grow by around 4.5 per cent this year, supported by ongoing strength in non-oil growth, said an International Monetary Fund (IMF) report. The economic recovery in the UAE continued at a solid pace led by co

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UAE ‘safe haven for investment’

There is a resurgence in the economy of the United Arab Emirates, said a top official, adding that it is the safe haven of the region and a sound place for global investors, particularly from the Euro zone and Asia. Khalaf Ahmad A

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UAE economy to grow 3.3pc in 2011

The United Arab Emirates' economy should grow by 3.3 percent this year, a tad higher than previously forecast, but regional turmoil may put pressure on local companies, the International Monetary Fund said. The IMF predicted in October

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Abu Dhabi set to spur UAE growth

The UAE is expected to emerge from the recession this year with real gross domestic product growth of 2.5 per cent driven by strong growth in Abu Dhabi. That is the conclusion of a major report on the UAE by financial services group Shuaa

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UAE economy has proven its strength: minister

UAE’s Minister of Economy said the UAE economy has proven its strength in the times of crisis and prosperity, on the occasion of UAE National Day. “Concerted efforts to diversify the economy and a policy of openness adopted by the UAE’s le

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UAE economy to grow 1.3pc in 2009

The United Arab Emirate's economy, the Arab world's second-largest, is expected to grow 1.3 per cent in 2009, the oil exporter's economy minister said in remarks aired on Wednesday. "This would be a good figure," Sultan bin Saeed al-Mansou

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