The UAE economy is predicted to pick up pace towards the end of 2015. Frost & Sullivan reveals the Emirates, along with Saudi Arabia will be able to ride out the drop in oil prices due to a strong non-oil sector. High public spending on education, healthcare, transport and water infrastructure will lead the two economies. Meanwhile, the firm predicts Algeria and Nigeria will continue to deal with the decline in exports and depreciation in currency.
UAE banks, financial institutions, exchanges begin issuing Jaywan cards to customers
The UAE has begun issuing Jaywan cards - its first homegrown payment scheme - to customers.
Dubai Customs measures provide more than AED79 million for private sector
Measures and economic packages introduced by Dubai Customs have provided more than AED79 million in liquidity to the 428 companies in the private sector.
UAE's non-oil foreign trade approaches AED 2 trillion mark in six months
The UAE's non-oil foreign trade has reached a "historic" record of AED 1.937 trillion during the first half of 2026, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Sunday.
IMF praises UAE economy's resilience, proactive readiness
An International Monetary Fund (IMF) team has concluded a ten-day visit to the UAE, holding talks with officials on the country's economic performance, financial outlook and policy priorities.
Apple unseats Nvidia to become world's most valuable company
Apple overtook Nvidia on Friday to become the world's most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.
