UAE Business Activity Growth at 4-Month High
UAE business activity growth in the United Arab Emirates jumped slightly to a four-month high in March, managing to outperform many private sectors in other emerging markets. Firms reported output...
View ArticleDubai Property Prices Bring Inflation to a Record Height
Inflation in Dubai has reached record levels since 2009. The increase of the inflation’s rate is triggered by the spiking Dubai property prices. Housing costs push consumer prices higher. According to...
View ArticleConsumer Inflation in Dubai Climbs 2.76% in May
Inflation rate in Dubai continues to remain high. Consumer price inflation in Dubai hit 2.76% in May, according to Dubai Statistics Centre (DSC). That is 0.9% more than the registered jump in May 2013....
View ArticleUAE Inflation Rose 2.2% in June
Consumer inflation in the United Arab Emirates rose 2.2% in June from the same period last year, due to the increasing food prices and the sharp rise in residential rents in Dubai and Abu Dhabi,...
View ArticleAbu Dhabi inflation rate in consumer prices rose to 2.8%
The Abu Dhabi inflation rate in consumer prices for the first seven months of 2014 was 2.8%, compared with the same period of 2013, as shown by the increase in the CPI to 127.1 points during the first...
View ArticleOver Quarter of UAE Population in Debt
More than 25% of the population of the United Arab Emirates is living in debt. That was revealed by a new survey, which also found that the monthly debt repayments are one of the main sources of stress...
View ArticleDubai Cost of Living Now More Affordable; Or is it…
Dubai cost of living has become more affordable, according to Savills’ Live/Work Index, but not according to local expats. In 2014, the city was ranked at the 9th position. That is one spot lower...
View ArticleGlobal Investors Now Bullish on Europe, Inflation and Gold
Global investors are significantly more positive on the outlook for Europe after the European Central Bank’s announcement of quantitative easing to reflate the region’s economy, according to the BofA...
View ArticleDubai inflation hits six-year high
A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services has risen by 4.68 per cent in May 2015, compared with...
View ArticleGlobal Inflation Likely to Remain Subdued
A swinging global inflation pendulum? Weighting inflation risks There is speculation that, at core, markets are reacting to shifting inflation risks. Stabilizing commodity prices, firming DM growth and...
View ArticleTough times for UAE retailers; Consumers spend on out-of-home dining
The retail sector in both Dubai and Abu Dhabi saw no noticeable growth during first half of 2016, according to Knight Frank. Demand remained subdued on the back of a strong US dollar impacting the...
View ArticleDubai Inflation Index Rose 0.76% June 2016
The monthly inflation in the prices of goods and services, part of consumers’ basket in the Emirate of Dubai, rose by 0.76 percent in June, compared to the month of May in the previous year. According...
View ArticleUAE economy projected to grow by 2.3% in 2016; Inflation set to decrease
The Ministry of Finance (MoF) has reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the UAE’s economic performance in 2016. The...
View Article2018 Market Outlook: Macro Bullish
Inflation could be a global game-changer for stock and credit markets Global economic growth accelerates BofA Merrill Lynch Global Research issued a bullish macro outlook for 2018, calling for robust...
View ArticleDubai CPI Down By 1.20 In February 2020: DSC
The annual Consumer Price Index, CPI, rate in the Emirate of Dubai dropped by 1.20 percent in February 2020 compared to the same period in 2019, according to figures released by Dubai Statistics...
View ArticleInflation is Now Biggest Concern for Investors in 2022
The debate, says the CEO of a global financial giant, about whether inflation is ‘transitory’ or not is now over and investors should review their investments. The warning from Nigel Green, chief...
View ArticleGlobal Financial Stability Report 2022 Soundbites
Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine, the IMF announced in the Middle of April with the release...
View ArticleFiscal Monitor Report: Food and Energy Crisis
Countries are facing tough choices when dealing with the impact of rising inflation, lingering pandemic, and historically high debt levels, the IMF said in April with the release of the Fiscal Monitor...
View ArticleWorld Economic Outlook 2022: Global Growth Downgraded
Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced in April. Those impacts are outlined in...
View ArticleDollar’s Make-Or-Break Point
The dollar index is near the peaks of March 2020 and January 2017. Investors and traders have pushed the dollar to a vital turning point over the past six years, anticipating one of the most hawkish...
View Article
