Tag: dubai economy

(Bloomberg) -- The United Arab Emirates’ economy is ending a difficult year on a low as business activity slumps to a level not seen in...

(Bloomberg) -- Dubai’s economy expanded 2.1% in the first half, driven by growth in transport and storage. Total gross domestic product reached 208.2 billion dirham...

(Bloomberg) --Dubai is deflating its economy to squeeze out growth. The emirate’s selling prices dropped last month at the fastest pace since February 2016, according...

(Bloomberg) --Dubai needs to halt all new home construction for one or two years to avert an economic disaster brought on by continued oversupply,...

The 365-day countdown to world’s biggest show -- Dubai Expo 2020 -- kicked off on Sunday night. Thousands across the United Arab Emirates joined the...

(Bloomberg) --Dubai’s biggest bank is seeking to raise 6.45 billion dirhams ($1.76 billion) from a rights share offering as it expands abroad and courts...

(Bloomberg) -- The United Arab Emirates is renewing a push to boost the hiring of citizens by creating 20,000 new jobs and subsidizing their...

We’ve been listening to news of an increasing number of stores announcing closures, citing unviable trading conditions in the face of heated competition from...

Business Live Middle East in conversation with seasoned hotelier Shaun Parsons, Complex General Manager, Le Méridien Dubai Hotel & Conference Centre and Le Meridien...

(Bloomberg) -- The former chief executive officer of Drake & Scull International said the company’s accusations of financial violations against him are an attempt...