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The government must decide whether or not to revalue the dirham to limit inflation

Revaluation is the next logical step to tackling UAE inflation

The five per cent rent cap for 2008 is a good start to bearing down on runaway inflation rates in... Read full article »
United Arab Emirates: Sunday, January 06 - 2008 at 15:12
2007 was a good year on the UAE exchanges but they still finished below the highs of 2006

Volatile outlook for UAE stocks in 2008

With the Dubai Financial Market up 45 per cent and the Abu Dhabi Securities Market by 54 per cent... Read full article »
United Arab Emirates: Wednesday, January 02 - 2008 at 10:02
Despite the beautiful coastline, the high cost of living is putting some off

True cost of living a rising concern in Gulf

The rising cost of living in the Middle East is making it harder for employees to save money and... Read full article »
United Arab Emirates: Wednesday, December 12 - 2007 at 17:11
Foreign investors are focused on dirham revaluation

Foreign investors back UAE revaluation and negative interest rates

Foreign investors buying UAE assets in the hope of an imminent revaluation of the dirham continue... Read full article »
United Arab Emirates: Monday, December 10 - 2007 at 14:52

Ajman Sewerage on schedule for 2009

Work has been completed on two-thirds of UAE emirate Ajman's integrated sewerage system, the... Read full article »
United Arab Emirates: Monday, December 10 - 2007 at 13:37
Exchange rates were illegally altered by some exchange houses over the weekend

UAE revaluation confusion reigns

Over the holiday weekend UAE exchange houses briefly decided to revalue the dirham by up to 17... Read full article »
Middle East: Monday, December 03 - 2007 at 19:46

Dubai's towering skyline puts squeeze on construction workers

Dubai has become synonymous with the high-rises, scaffolding and cranes that make up its skyline.... Read full article »
United Arab Emirates: Thursday, November 29 - 2007 at 14:00
Citi has sold Equity Units for $7.5bn to the Abu Dhabi Investment Authority

The UAE invests in banks that invest in the UAE

Citi is the latest international banking group to welcome a UAE government investor as a part of... Read full article »
United Arab Emirates: Tuesday, November 27 - 2007 at 14:41
Political stability and people are the two key issues facing Dubai as it grows

Dubai strives to sustain growth

Dubai faces two challenges if it is to maintain a steady pace of growth - sustaining regional... Read full article »
United Arab Emirates: Sunday, November 25 - 2007 at 00:07
Abu Dhabi wants to be a financial powerhouse in the Middle East

Will Abu Dhabi become a global financial centre?

Abu Dhabi is well positioned to be a key banking centre in the Middle East, but it faces... Read full article »
United Arab Emirates: Wednesday, November 21 - 2007 at 12:30
A model of the new Al Maktoum Airport in Jebel Ali

Gulf aviation 2012: a vision of the near future

Sorry which Dubai airport are you landing at, DXB or Al Maktoum International? Have you tried... Read full article »
United Arab Emirates: Tuesday, November 13 - 2007 at 09:34
Emaar, like other companies in the UAE, has no plans to pull out of Pakistan, despite the uncertainty

UAE to support business in Pakistan despite state of emergency

The world was surprised by Pakistani President Pervez Musharraf's decision to place the country... Read full article »
United Arab Emirates: Thursday, November 08 - 2007 at 16:33
The IMF said the UAE's banking sector is in good shape but warned it could be hit by a real estate collapse

UAE banking sector strong, says IMF

The latest report looking at the UAE financial system stability assessment, by the International... Read full article »
United Arab Emirates: Monday, November 05 - 2007 at 15:41
The US is close to recession, caused by the housing slump, while real estate in the UAE is booming

Why revaluation should be top of the UAE agenda to beat inflation

Inflation is now the biggest problem facing the UAE economy. The main causes are higher oil... Read full article »
United Arab Emirates: Sunday, November 04 - 2007 at 15:53
DP World is floating 20 per cent of the company, in an IPO worth about $4bn

DP World IPO will be the making of the DIFX

The unveiling of the expected initial public offering for DP World, the Dubai-based global port... Read full article »
United Arab Emirates: Monday, October 22 - 2007 at 14:32