Tag: "UAE"

UAE Inflation creeps up

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.

UAE most advanced telecoms sector in GCC, says report

UAE most advanced telecoms sector in GCC, says report

The UAE has the most advanced telecommunications sector when compared to other GCC countries, the latest Global Investment House reports has concluded.

 Sheikh Mohammed approves green standards for UAE

Sheikh Mohammed approves green standards for UAE

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 cautious but optimistic

UAE investors cautious but optimistic

UAE investors are still cautious about investing in current market conditions, a report published by Friends Provident International has revealed.

UAE high-net-worths drop 19 per cent

UAE high-net-worths drop 19 per cent

The number of high net worth individuals in the UAE dropped 18.8 per cent last year, a Merrill Lynch report has revealed.

UAE inflation dips month-on-month

UAE inflation dips month-on-month

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.

Making room

Making room

Thomas Rowntree, Intercontinental Hotel Group’s commercial vice president, Middle East and Africa, tells Alicia Buller about his plans for regional domination.

iPhone 4 to appear in UAE stores next month

iPhone 4 to appear in UAE stores next month

UAE shoppers will be able to snap up Apple’s new iPhone within a month of its official launch, retailers have said.

Lenders can withstand fresh downturn, says UAE Central Bank

Lenders can withstand fresh downturn, says UAE Central Bank

UAE banks have enough liquidity to withstand another financial crisis or fresh exposure to defaults by debtors.

Third low-cost carrier to takeoff from UAE

Third low-cost carrier to takeoff from UAE

A third budget carrier is set to launch in the UAE, creating further competition for established players flydubai and Air Arabia.

Exports to UAE net US $12.1bn

Exports to UAE net US $12.1bn

Trade relations between the US and UAE have netted $12.1bn for the American economy since the early noughties, recent figures reveal.

Who's buying?

Who’s buying?

UAE real estate is awash with cash buyers but hesitancy on visas and lending still irritates potential investors, writes Ryan Harrison.

Abu Dhabi suffers 23% dip in occupancy rates

Abu Dhabi suffers 23% dip in occupancy rates

Hotel occupancy rates for the Middle East and Africa were weighed down by Abu Dhabi last month, says report.

Ash cloud offers stern lesson for UAE

Ash cloud offers stern lesson for UAE

Heavy reliance on foreign imports exposed UAE’s economy to trade disruptions arising from ash cloud incident, top economist claims.

Construction Delays Halt $350bn UAE Projects

Construction Delays Halt $350bn UAE Projects

Financial crisis forces major slowdown in UAE construction, with just 1,600 properties still under development.