Dubai economy


Dubai Says To Continue Infrastructure Spending After $2bn Bond Issuance

Middle East Business News - Published date: .

Investors rush to invest in Dubai as order book for gov't bond and sukuk is five times oversubscribed Read more

Dubai Businesses Return To Growth First Time Since Virus Struck

Middle East Business News - Published date: .

Businesses in Dubai are benefiting from the lifting of lockdown restrictions, with foreign visitors allowed to enter the... Read more

Dubai Announces $408.4m Stimulus Package To Combat Coronavirus Slowdown

Middle East Business News - Published date: .

Latest amount brings total support provided by the government to $1.7bn throughout Covid-19 crisis Read more

Dubai SME Helped Over 3,800 Emirati Entrepreneurs In 2019

Middle East Business News - Published date: .

Start-ups received almost $46.3m worth of exemptions and incentives last year Read more

Dubai Business Conditions Show Signs Of Improving As City Emerges From Lockdown

Middle East Business News - Published date: .

IHS Markit's Purchasing Managers' Index said output grew for the first time in four months at 'a solid rate' Read more

Dubai's Economy Declined By 3.5% In Q1 Amid Covid-19 Crisis

Middle East Business News - Published date: .

Real estate, finance, manufacturing and government sector all recorded growth despite global pandemic Read more

UAE Shoppers Opting For Contactless Payments Over Cash Purchases

Middle East Business News - Published date: .

Survey from Dubai Police, Dubai Economy and Visa revealed 71% are using digital payments over cash in stores Read more

UAE 'very Close' To Becoming A Cashless Society

Middle East Business News - Published date: .

Dubai could see $2.2bn uptick in the economy by adopting more cashless facilities, say experts Read more

Expo 2020 Dubai Funding To Exceed $8bn By 2021, Says Dubai Govt Exec

Middle East Business News - Published date: .

Director general of the government's department of finance, Abdulrahman Saleh Al Saleh, said budget surplus has funded p... Read more

Dubai Wealth Fund Eyes 'investment Opportunities' With Russia's RDIF

Middle East Business News - Published date: .

Agreement signed as part of President Vladimir Putin's visit to UAE Read more

DIFC Bucks Global Trend With Double-digit Growth In Companies

Middle East Business News - Published date: .

Malaysia's Maybank Islamic Berhad, Cantor Fitzgerald and Australia's Atlas Wealth Management were among the financial fi... Read more

Dubai Free Zone Waives $9.5m Fines For Firms Amid Tolerance Push

Middle East Business News - Published date: .

Jebel Ali Free Zone says it will waive fines owed by its businesses as part of the Year of Tolerance initiative Read more

Dubai Offers Investment Opportunities In Major Public Parks

Middle East Business News - Published date: .

Dubai Municipality says investors are being sought for Creek Park, Mamzar Smart Park, Mushrif Park, Zabeel Park and Safa... Read more

Dubai's Emirates NBD Reports Increased Profits On Loan Growth, Forex

Middle East Business News - Published date: .

Emirates NBD said economic activity in 2019 to be underpinned by higher oil production as well as increased government s... Read more

Dubai Royal Backs Cryptocurrency Fund Manager Invao

Middle East Business News - Published date: .

Emirates Group chairman Sheikh Saeed bin Ahmed Al Maktoum to support Invao as it seeks investors in the UAE Read more

Why Chinese Investors Are Increasingly Looking At Dubai

Middle East Business News - Published date: .

Hong Kong-based investment expert says Chinese investors are being attracted by high yields and political stability Read more