Category Archives: Economy and Finance

Dubai Economy Gets Stability

Dubai Economy Gets Stability The recent developments including positive predictions for Dubai real estate sector has once again forced many local and international experts to see a bright future for the emirate amid the gloomy economic condition in the world. … Continue reading

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National Bonds Survey Sees UAE Take Lead in Savings Culture over GCC Counterparts

National Bonds Survey Sees UAE Take Lead in Savings Culture over GCC Counterparts In a recent survey carried out by National Bonds, a savings scheme, across the Gulf Cooperation Council (GCC) region showcased that people of the United Arab Emirates … Continue reading

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SME Business Solutions Launched by Dubai Islamic Bank

SME Business Solutions Launched by Dubai Islamic Bank Dubai Islamic Bank (DIB) has launched special packages which are in line with the Sharia laws, for the growth of small and medium enterprises (SMEs). The product was introduced earlier this week … Continue reading

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2012 Quality and Business Excellence Conference Highlights

2012 Quality and Business Excellence Conference Highlights Dubai Quality Group (DQG) in collaboration with American Society for Quality (ASQ) organised the 2012 Quality and Business Excellence Conference and the fourth annual symposium for continuous improvement and innovation earlier this week. … Continue reading

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Dubai Witnessing Massive Economic Growth as Tourism Sector Leads the Way

Dubai Witnessing Massive Economic Growth as Tourism Sector Leads the Way Dubai key economic sectors of tourism and trade are expected to boost the emirate’s economy further over the next five years as the emirate undertakes huge projects to entice … Continue reading

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DED to Host ‘Exporters Forum’

DED to Host ‘Exporters Forum’ Department of Economic Development’s (DED) agency for the export promotion, Dubai Export, will host a special conference under the banner, Exporters Forum, this week to highlight the key issues faced by the export and re-export … Continue reading

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UAE Employees Can Expect Raise in Salary by 5.4% in 2013

UAE Employees Can Expect Raise in Salary by 5.4% in 2013 A recent survey conducted by Aon Hewitt, a global human resources business of the US-based Aon Company, revealed that salaries in the UAE are projected to increase by 5.1% … Continue reading

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UAE to See 4% Growth in Economy for 2012

UAE to See 4% Growth in Economy for 2012 The United Arab Emirates (UAE) is expected to once again see its economy grow strongly this year thanks to government investment in development projects in addition to successful diversification of income. … Continue reading

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Reforms for Bounced Cheques Rules

Reforms for Bounced Cheques Rules Bouncing of cheques will not necessarily result into imprisonment in the UAE now. The latest initiative taken by the state and leading banks has been widely welcomed by the public. The cases will now be … Continue reading

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Emirates Steel Boosts Productions to Meet Rising Demands

Emirates Steel Boosts Productions to Meet Rising Demands UAE’s largest steel producers, Emirates Steel, recorded a 33% increase in their output over the period of one year.  The spike is largely credited to the extraordinary constructional activities in the Emirates. … Continue reading

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