Tag Archives: report

The UAE economy is projected to grow at 2.9 percent in 2018 and 3.7 percent in 2019 against and estimated growth of 0.8 percent, reported Gulf News in an article in the paper today, quoting the latest regional economic outlook report of the International Monetary Fund (IMF). “Growth projections are …

The UAE has been ranked as one of the world’s top Islamic fintech hubs with the country home to 12 start-ups specialising in this field, a new analysis from the Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from IFN Fintech, ranked the UAE …

The UAE has been ranked first globally in five Islamic economic sectors, according to the latest results of the “Global Islamic Economy Report 2018-2019.” The Dubai Islamic Economy Development Centre, DIEDC, today published the results of the report, entitled “An Inclusive Ethical Economy.” The sixth report in the series was …

A new State of the Green Economy Report 2018 released on the last of the two-day World Green Economy Summit on Wednesday will help guide the UAE and other countries to a new economic structure growing around the world, said organisers. The 204-page booklet, containing environmental updates and forward-looking pieces …

The World Council of Muslim Communities — an Abu Dhabi-based international organisation to address challenges faced by Muslim communities across the world and fulfil their ambitions — will present UAE’s model strategies including women empowerment and youth engagement to the Muslim communities across the world, a top official said on …

The UAE’s banking sector remained strong and robust in 2017 with an uptick in growth on the back of strong economic momentum in the country, according to the 2017 annual report of the UAE Banks Federation (UBF), a professional representative body made up of 50 banks operating in the UAE. …

Just one drink a day leads to health risks Bad news for those who enjoy what they think is a healthy glass of wine a day. A large new global study published in the Lancet has confirmed previous research which has shown that there is no safe level of alcohol …

Military officials are sounding the alarm inside the Trump administration about the sharp drop in admission to the United States of Iraqi refugees who have helped American troops in battle, said two US officials aware of the internal discussions. The Pentagon is concerned that not providing safe haven to more …

The UAE and the Middle East as a whole are bucking global trends, with business confidence surging to its highest level since the second quarter of 2015. That’s the finding of the latest Global Economic Conditions survey by the Association of Chartered Certified Accountants (Acca) and the Institute of Management …

Quite disappointingly, the Gulf states have not achieved outstanding results in the 2018 report concerning internet speeds. The best performance among Arab nations was Bahrain’s, but it could place only 90th worldwide, far behind South Asia and Europe, according to rankings compiled by cable.co.uk. Of the other GCC countries, the …

The UAE has launched a National Summary Data Page, NSDP, becoming the first Gulf Cooperation Council, GCC, country to implement the recommendations of the enhanced General Data Dissemination System, e-GDDS. The NSDP is a national data portal that serves as a one-stop vehicle for publishing essential macroeconomic data in both …

The UAE is one of the most advanced digital economies in the world, landing in the top 20 globally and first in the Arab world, according to the latest report. The new edition of IMD World Digital Competitiveness Ranking 2018 released on Tuesday, showed the UAE moving up in the …

Despite a pickup in economic growth rates around the world, the Arab world is not seeing a fair share of this increase, with growth rates not nearly enough to provide enough jobs for young people. According to Christine Lagarde, managing director of the International Monetary Fund (IMF), there are “big …

As the U.S. sends thousands more troops to Afghanistan and ratchets up airstrikes, a new report from a U.S. military auditor suggests that the war is still at a stalemate, with signs of continued decline in Afghan government control. And the amount of basic information available to the public about …

Gulf oil exporters are continuing to adjust to low oil prices and the overall growth in the GCC region is expected to bottom out in 2017 and growth  is set to pick up pace from 2018, Jihad Azour, Director of the IMF’s Middle East and Central Asia Department said at …

Leading UAE banks have reported robust improvement in performance with overall profitability and return on equity (RoE) higher in the third quarter of 2017, according to an analysis of key performance metrics by global professional services firm Alvarez & Marsal (A & M). Almost all of the metrics applied by …

The Trump administration released a dire scientific report Friday calling human activity the dominant driver of global warming, a conclusion at odds with White House decisions to withdraw from a key international climate accord, champion fossil fuels and reverse Obama-era climate policies. To the surprise of some scientists, the White House did not …

A Saudi Arabia-led military coalition was responsible for an “unacceptably high” 51 percent of child deaths and injuries in Yemen last year, according to a draft United Nations report seen by Reuters on Thursday. The draft report on children and armed conflict, which still has to be approved by U.N. …

By James M. Dorsey A report charging Saudi Arabia with funding extremism in Britain puts both the kingdom and Prime Minister Teresa May on the spot. The report also potentially strengthens Qatar’s insistence that support of extremism should be tackled regionally and that demands by an anti-Qatari, Saudi-UAE-led alliance be …