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IMF predicts negative growth for Pakistan in 2020

Web Report The International Monetary Fund (IMF) on Tuesday projected economic recession for Pakistan following the coronavirus-related ‘The Great Lockdown’ that would sharply contract the...

Global economy bows down to Covid-19 outbreak: IMF

Staff Report The International Monetary Fund (IMF) on Tuesday predicted that there will be a great impact of global lockdown across the globe because of...

IMF says UAE economy to rebound next year

Web Report The International Monetary Fund (IMF) on Tuesday predicted that the UAE and other Gulf countries will rebound strongly next year. The Fund's World Economic...

WTO predicts global trade to plunge by up to a third...

Web Report The World Trade Organization (WTO) on Wednesday predicted that the global trade growth is expected to plunge by up to a third in...

Gulf countries to witness slower growth in 2020

Web Report All GCC countries, barring Bahrain, will see positive real GDP growth in 2020 despite a massive cut in growth rates due to...

UAE Central Bank tells staff to work remotely

Web Report The Central Bank of the UAE has asked its employees to work remotely and replace larger group meetings with virtual meeting channels in...

Dubai’s non-oil foreign trade rose 6% to Dh1.37tr in 2019

Abdul Basit Dubai recorded remarkable external trade growth in 2019, spurred by its efforts to achieve its 2025 trade target of Dh2 trillion. The emirate's...

Dubai’s non-oil foreign trade crosses Dh1 trillion

Web Report Dubai's non-oil foreign trade rises 6% in value in the first nine months of 2019. Dubai's non-oil foreign trade volumes surged to 83 million...

Sheikh Hamdan announces Dubai’s economic outlook

Web Report Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, stressed that the...

Dubai economy grows 2.1 per cent in H1 2019

Web Report Dubai's economy grew 2.1 per cent YoY in H1-2019, with the emirate's GDP reaching Dh208.2 billion at constant prices in the first six...
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