Business | Economy
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Wednesday Apr 16
Dubai fragrance and fashion trade worth Dh206b
DED reveals 8% increase in 2013, compared with trade value of Dh191b in 2012
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Wednesday Apr 16
UAE inflation hits highest level since 2010
Dubai’s first quarter inflation surges to 2.4 per cent with March rate at 3 per cent
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Wednesday Apr 16
Russian economy shrinks 0.5% in first quarter amid crisis
Minister highlights risk of a recession due to the standoff in Ukraine
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Wednesday Apr 16
Eurozone inflation stuck in ‘danger zone’, keeps pressure on ECB
Shock drop in March inflation to its lowest level since November 2009 keeps pressure on the European Central Bank to intervene should prices not rebound
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Wednesday Apr 16
China economic growth slows to 18-month low in first quarter
First quarter GDP up 7.4% year on year vs 7.3% forecast, down from 7.7% in fourth quarter
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Tuesday Apr 15
Consumer confidence in Abu Dhabi up 10% in 2013
Rise reflects respondents’ optimism and feeling that economic situation improved for them and their families
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Tuesday Apr 15
Expo 2020 impact will spread beyond UAE borders
Several sectors of the economy likely to directly benefit from the global event, say experts
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Monday Apr 14
Citi earnings, data lift Wall Street; eyes on Ukraine
US retail sales post biggest gain in 1-1/2 years
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Monday Apr 14
World Green Economy Summit kicks off in Dubai on Tuesday
The summit looks to complement the sustainable future vision of the UAE and the global efforts to combat climate change
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Sunday Apr 13
IMF reforms hit roadblock after US delay
Inability to give emerging markets more power appears to be the most contentious issue for G20 officials
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Sunday Apr 13
Greece to issue more bonds after debt sale
European Union and International Monetary Fund welcome move after crisis-hit country raises €3b
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Saturday Apr 12
Iran economy stabilising, to soar if deal reached: IMF
IMF projects that Iran’s economy will rebound by 1.5 per cent in the current year
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Saturday Apr 12
Finance officials confident of global growth
Group of 20 communique pledged to keep working on concrete economic reforms
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Saturday Apr 12
Kuwait’s budget remains fixated on oil revenues
Current outlays soak up a hefty 90 per cent of total spending
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Friday Apr 11
Crude oil dominates Japan’s imports from the region
Value of fuel imports from GCC declined while the volume increased marginally
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Friday Apr 11
Value of Japan’s trade with GCC declines on lower oil price and weak yen
UAE was Japan’s top export destination for motor vehicles among the GCC countries and the sixth largest export market in the world
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Friday Apr 11
India banker urges global monetary policy scrutiny
Rajan voices alarm over the lack of protection for emerging countries
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Friday Apr 11
S&P cuts Finland’s credit outlook to negative
Rating agency says subpar growth hampers the government’s efforts to achieve fiscal consolidation
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Friday Apr 11
A recovering US is outpacing other major economies
The US economy is showing renewed strength just as other major economies appear desperate for help
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Thursday Apr 10
Bond sale shows Greece headed in right direction: IMF
IMF Chief Christine Lagarde says there is still a lot to be done
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Thursday Apr 10
US jobless claims near seven-year low; import prices above forecasts
Cclaims fall 32,000 last week, lowest since May 2007
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Thursday Apr 10
$44b worth of construction projects in UAE in 2013
2014 to see nearly $50bn worth of projects in UAE
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Thursday Apr 10
Egypt’s core inflation quickens to 9.9% in March
Price rise from 9.7% in February
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Wednesday Apr 9
Independent Scotland would face immediate 23b pound debt-report
Financing rates could up to 1.65% higher than the UK Treasury’s rates
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Tuesday Apr 8
Dubai to global bankers: 'Expect another boom'
First big investor roadshow since 2009 debt crisis
Business Editor's choice
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Surging rents in Sharjah 'slackening': report
Pause may not last as budget-conscious tenants seek affordable locations
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Work is much more than being tied to an office
Work is much more than being tied to an office
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Not limited to just being the face to a brand
Richard Branson and Oprah Winfrey have transcended to being brands in themselves
