UAE Inflation creeps up
Consumer prices in the UAE increased 0.43 per cent for the first half of 2010 compared to the same period last year, data from the National Bureau of Statistics revealed today.
Consumer prices in the UAE increased 0.43 per cent for the first half of 2010 compared to the same period last year, data from the National Bureau of Statistics revealed today.
The UAE has the most advanced telecommunications sector when compared to other GCC countries, the latest Global Investment House reports has concluded.
The vice president, prime minister and ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has approved green buildings standards aimed at boosting environmental sustainability in the country.
UAE investors are still cautious about investing in current market conditions, a report published by Friends Provident International has revealed.
The number of high net worth individuals in the UAE dropped 18.8 per cent last year, a Merrill Lynch report has revealed.
Annual inflation in the UAE increased 0.88 per cent in May but dipped month on month, the latest data from the National Bureau of Statistics has revealed.
Thomas Rowntree, Intercontinental Hotel Group’s commercial vice president, Middle East and Africa, tells Alicia Buller about his plans for regional domination.
UAE shoppers will be able to snap up Apple’s new iPhone within a month of its official launch, retailers have said.
UAE banks have enough liquidity to withstand another financial crisis or fresh exposure to defaults by debtors.
A third budget carrier is set to launch in the UAE, creating further competition for established players flydubai and Air Arabia.
Trade relations between the US and UAE have netted $12.1bn for the American economy since the early noughties, recent figures reveal.
UAE real estate is awash with cash buyers but hesitancy on visas and lending still irritates potential investors, writes Ryan Harrison.
Hotel occupancy rates for the Middle East and Africa were weighed down by Abu Dhabi last month, says report.
Heavy reliance on foreign imports exposed UAE’s economy to trade disruptions arising from ash cloud incident, top economist claims.
Financial crisis forces major slowdown in UAE construction, with just 1,600 properties still under development.