The full report contains more than 170 pages of narrative and tables. I left for the airport early to beat the rush hour traffic and arrived at the airport around 7:50 am. Dubai maintained its importance as a trade route through the 1970s and 1980s. Explore the world-class inflight services and exclusive flight offers & deals with flydubai. Bayut has compiled a comprehensive report on Dubai property prices and trends, along with prominent changes in Abu Dhabi, Sharjah and Ajman. Its overall score remains unchanged from 2018, with higher scores for property. “Dubai has emerged as a. Sustainability Report 2018. The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, was founded in 1971 as a not-for-profit organization. With the growth pace of Dubai as a driver, Dubai Trade will always be on a fast-moving path towards achieving its stated vision. The view from the short-term parking lot. Dubai Trade offers service and business excellence with its customer centric strategy at the core of its operations, a value that you will feel in each and every service you access in the portal. Successful communities pay for roads and health care services. ae or/and DFM new website www. 5 trillion worth of goods and services. This is not a sign of an imminent crash, or an unstoppable downward turn, but rather a realistic appraisal of buyer’s and renter’s needs, and nearly everybody’s tighter budgets. The Internet penetration rate will jump from about 37. 4 percent in 2018 from 1. 0, the Report assesses the competitiveness landscape of 140 economies, providing unique insight into the drivers of economic growth in the era of the Fourth Industrial Revolution. Dubai Culture plays a critical part in achieving the vision of the Dubai Strategic Plan 2021 of establishing the city as vibrant, global Arabian metropolis that shapes culture and arts in the region and the world. countries in the world, Dubai was on track to be the fourth most visited city in the world in 2018. 15,580, while there was a 4 percent rise in average salary in 2017 when the average salary touched Dh. 9 percent were NFI, 5 percent were re-investment projects, two percent were joint projects and one percent mergers and acquisitions. This report highlights our financial results and our achievements throughout 2018. The annual Hays Salary Guide remains the definitive snapshot of salaries for more than 1,000 positions across Australia and New Zealand. Dubai, 28 July 2019: Dubai SME, the agency of the Department of Economic Development (DED) mandated to develop the small and mediu. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of Dubai Executive Council, has approved the Dubai Economic Report 2017. In 2017-18 of the 168 private schools in Dubai, 124 were given permission to increase their fees. This will allow us to move forward with greater efficiency. 2 percent from 0. iv World Economic Situation and Prospects 2018 Explanatory notes The following symbols have been used in the tables throughout the report:. According to the Economic Impact report, a total of. We help businesses, the financial sector and governments to understand how the world is changing and how that creates opportunities to be seized and risks to be managed. البوابة الرسمية لبلدية دبي. 397 million. Answered: Hey, what is the most economic way to go from Centro Sharja by rotana hotel to Sharja City center (going in the morning and getting back in the afternoon)?. ae or/and DFM new website www. Shareholders who wish to receive a paper copy of the Annual Report and Accounts should. The global wellness economy was a $4. In 2018, the Travel & Tourism industry experienced 3. Jebel Ali Free Zone (Jafza) is the flagship free zone of DP World, and is an integral part of the DP World UAE Region's integrated business hub. Economic trends remained largely. Dubai now is poised to be the growth leader. za - Edward West. Global gold demand was steady in Q3 2018 at 964 tonnes (t), up just 6t year-on-year according to the World Gold Council’s latest Gold Demand Trends report. As regional economies adapt to the new norm in oil prices and Dubai diversifies in line with its economic diversification strategy, Vision 2021, and government infrastructure spending continues ahead. According to the Economic Impact report, a total of. Currently, some economic indicators are again dropping. Each sale listing includes detailed descriptions, photos, amenities and neighborhood information for Dubai. The Report: Dubai 2018. We care about your privacy. Policymakers can maintain the current economic upswing beyond the short term by tackling structural reforms, rebuilding monetary and fiscal policy space to react to future threats and encouraging prompt implementation of regulatory reforms, the Bank for International Settlements (BIS) writes in its Annual Economic Report. The INRIX 2018 Global Traffic Scorecard is an analysis of congestion and mobility trends in more than 200 cities, across 38 countries. DMCC Barcelona Roadshow Highlights Opportunity for Growth in Dubai for Spanish Firms and the Economic Impact of Expo 2020 Dubai. Growth has never been a one-dimensional concept for the UAE. Plan your holiday with Visit Dubai's recommendations for things to do, itineraries & events. 3% in 2017 to 4. The Wall Street Journal’s central banking newsletter for Friday, August 3, 2018. Airlines from Asia dominate the top echelon of the Skytrax. Rising Inequality? A stocktake of the evidence. 5% during 2018 contributing by 6. UAE, which had been at a record level in December, slipped more gradually, down to 54. ) It is supported by Dubai Islamic Economy Development Center. Explore the world-class inflight services and exclusive flight offers & deals with flydubai. com offers immediate download access to top market reports on the Hotel Industry. 3 percent this year, largely on expectations that growth in oil-rich Abu Dhabi will surge to 3. the World Economic Forum was launched. IT IS a city renowned for glitz, glamour and boasts the world’s tallest building. On an annual basis, these business entities are required to follow the practice of trade license renewal in Dubai as well as around UAE. It’ll be a time to create, collaborate and innovate. economic challenges facing the UK. The purpose of the Annual Report Group and Annual Report Bank is to provide information about our financial and non-financial performance in compliance with regulatory requirements. The Finance Division deals with the subjects pertaining to finance of the Federal Government and financial matters affecting the country as a whole, preparation of annual budget statements and supplementary/excess budget statements for the consideration of the parliament accounts and audits of the Federal Government Organization etc. 14 May 2018. The report reviews the major macro- and sectoral level economic developments and growth in the emirate during 2017. Each sale listing includes detailed descriptions, photos, amenities and neighborhood information for Dubai. 5 percent in 2018 at a time. Dubai is one of seven of the United Arab Emirates (UAE), and hosts an. We help businesses, the financial sector and governments to understand how the world is changing and how that creates opportunities to be seized and risks to be managed. The British Embassy in the United Arab Emirates. About Dubai Land Department. THE FISCAL YEAR ENDED SEPTEMBER 30, 2018, NO TES 16, 17, 20, 21 and 25. The fundamental problem of Dubai is that its intrinsic value is primarily as a logistics hub for other points in the region which has been severely compromised by UAE's foolhardy involvement in the Qatar blockade so a lot of material destined to Q. 8% at real (constant) prices, amounting to AED 1422. 67 billion) economy to grow at a rate of 3. The private sector has increasingly been considered as a key partner in the long-term development of the healthcare industry, particularly in terms of the quality of care in medical services. ) It is supported by Dubai Islamic Economy Development Center. Special report: The Gulf Breaking the curse Why Gulf economies struggle to wean themselves off oil. The Dubai real estate market's attractiveness and ability to compete with global investment destinations has been reaffirmed in the first half of 2018 (H1 2018), with real estate transactions in the emirate reaching AED 111 billion (approximately USD 30. 10 p 43 Compensation Report A. Add to Calendar 2018-05-02 10:00 AM 2018-05-02 12:30 PM Asia/Dubai MENA Regional Economic Outlook Update - IMF Report Launch DFC Conference Centre, Precinct Building 4 Overview The Dubai International Financial Centre (DIFC) in partnership with the International Monetary Fund (IMF) would like to invite you to the launch of the IMF Regional. One out of every 4 cranes on Earth is located in Dubai. This report highlights our financial results and our achievements throughout 2018. But behind the glitz and glamour of Dubai often lies a murky world of exploitation and an immigrant work force living on the breadline. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. This is in contrast to 2016, where global economic growth was 3. Thus, the Group anchored the strongest economic sectors in Dubai under the attraction based-economic philosophy of Al Ghurair. 8 billion (28. And it's going to be fun. Strong economic activity is forecast for the next 5 years as well, and the Bureau of Labor Statistics is predicting job growth of about 6% from 2014 levels to 2020. Based in Uganda, it is known for providing research-based evidence and policy analysis to support the formulation, implementation, monitoring and evaluation of the country's government policies. Dubai: As the economy diversifies in line with Dubai Plan 2021, GDP growth is expected to grow 3. The Business Registration and Licensing (BRL) sector in the Dubai Department of Economic Development (DED) issued 1,898 new licenses during October 2018, an increase of 25. The country’s Gross Domestic Product (GDP) is expected to cross 400 billion dollars in 2018 with a CAGR of near around 4 per cent rising from the moderate. Global growth forecasts for 2018 and 2019 have been revised upward by to 3. 8 percent in 2020, and 2. The Economic Community of West African States (ECOWAS) played a critical role in convincing Jammeh to leave office after he lost the elections, and, at time of writing, maintains a 500-strong. NAIROBI, Kenya, Dec 31 (IPS) - Teenage pregnancy in Kenya is a crisis of hope, education and opportunity. Conferences that take place in the UAE are liable to Value Added Tax under ‘Federal Decree-Law No. The summary or extracts alone do not contain sufficient information to allow a full understanding of the results and state of affairs of GlaxoSmithKline PLC or the GSK Group. According to the Economic Report 2018 released by the UAE's Ministry of Economy, the estimated GDP for 2017 rose by 0. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more. Last month, at the end of a trip to Dubai, I decided to fly Emirates to Newark, New Jersey, with a stopover in Athens, Greece, instead of a quicker nonstop flight to JFK Airport in New York. Featuring the new Global Competitiveness Index 4. tax policy changes. Arabian Business: "Anti-Bribery Policies 'Failing', Say Majority of Dubai Bosses", 19 May 2016. –-− Two dots indicate that data are not available. Overall, Dubai's MICE sector enabled Dhs16. Dubai Wednesday, 14 November 2018. We offer this Report to Congress in the hope that it will be useful for assessing progress and challenges in U. France is also projected to. In addition, the budget focuses on fiscal management by curtailing the increase in total expenditures to 7% c ompared to projected revenue increases of 9%. Welcome to the LPI 2018 The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance. 9% of total GDP in H1 2014, up by 6. 3 billion of direct economic output in 2018 - marking a 2 per cent increase over 2017, driven by the surge in demand for goods and services. Also, other pages contain the Quarterly Indicators as well as information about Investment in Dubai, industrial projects and commercial/ business centers. The report, issued by the Dubai Economic Department, forecasts Dubai's economy to grow 3. Economic diversification for sustainable and inclusive growth. Dubai has the 148 skyscrapers, which is the third highest in the world. economic challenges facing the UK. Until the 2008 global economic downturn had its toll on Dubai, the country had achieved a 17% annual growth rate from 2000 to 2006. Travellers heading to Dubai or Abu Dhabi have been warned they could face arrest if they consume alcoholic drinks on the flight to the Middle East. 68AED) without rent (using our estimator). The countdown to a New Year has begun. Dubai Knowledge Village Dubai, UAE unemployment rate across the country in March 2018. DUBAI—This emirate is struggling with what economists are calling a white-collar recession, undermining the city's taste for luxury and testing an economic model other Middle East countries. ) It is supported by Dubai Islamic Economy Development Center. Dubai Government expects its AED376. The GDP has been estimated in fixed and current prices for the Emirate of Dubai through the results of economic and financial field surveys which included all economic and financial activities in addition to the actual data extracted from federal ministries and local departments in the emirate. The United Arab Emirates' economic freedom score is 77. PURCHASE, NY – September 25, 2018 – In a world of rising nationalism, international travel takes on greater importance—breaking down barriers, broadening our horizons and driving economic impact felt throughout the world’s cities. 5% global economic growth for the year. 9 percent, reflecting increased global growth momentum and the expected impact of the recently approved U. Dubai Capita plc Annual Report 2018 Strategic report During 2018, trading conditions and the economic and political environment in which Capita plc Annual. Industry analysis from over 900,000 market research reports and 400,000 company reports World's largest and most respected Market Research resource. Please click on the drop down to read more about our products. This forecast reflects assumption of a moderation of geopolitical tensions as well as a modest rise in oil prices. This report has been prepared by Ernst & Young Middle East (Dubai Branch) (EY) solely for Expo Dubai 2020 LLC - SO (Expo Dubai), in connection with the economic impact of the Expo 2020 Dubai based on the terms, scope of work and limitations included in Expo Dubai's agreement with EY, with the commencement date of 1 October 2017 (The Agreement). During the course of scheduled systems maintenance work, Moody's experienced a technical issue that caused an outage of moodys. Dubai was ranked the best city for quality of living and public infrastructure across the Middle East and Africa (MEA) region in Mercer’s 2018 Quality of Living Survey. Global growth is projected to reach 3. The Report: Dubai 2018. -China relations. It was hard to identify a dominant trend in the global economy and construction in our 2017 international construction market survey. 4 per cent next year, up from 1. Global trade - The World Trade Organization (WTO) deals with the global rules of trade between nations. Dubai has many of the world's tallest buildings including Burj ul Arab and Burj Dubai tower. World Happiness Report 2018 Increasingly, with globalisation, the people of the world are on the move; and most of these migrants are seeking a happier life. Read on to discover the top areas to buy and rent apartments and villas in the UAE's most populated cities. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more. The UAE has an open economy with a high per capita income and a sizable annual trade surplus. News Expo 2020's Expo 2020 Dubai's economic impact has been revealed in a new report published ahead of the landmark event As Dubai prepares to host the first ever World Expo. 9 p 40 Siemens AG A. Limited elections are held for a federal advisory body, but political parties are banned, and all executive, legislative, and judicial authority ultimately rests with the seven hereditary rulers. 20 of 2018. (8) of 2017 on Value Added Tax’ which will be reflected on all conference fees. The private sector has increasingly been considered as a key partner in the long-term development of the healthcare industry, particularly in terms of the quality of care in medical services. Dubai migrant workers: The hidden slaves behind glamour city. Check out our Dubai Tourism infographic for latest Dubai tourism statistics and trends. Dubai (74) continues to rank highest for quality of living across the Middle East, closely followed by Abu Dhabi (77), up two places. 47 trillion) in 2017-18*, and Rs 190. Dubai residents expected to have the same or less disposable income in 2018, while only 29% expected to have more. Dubai Trade offers service and business excellence with its customer centric strategy at the core of its operations, a value that you will feel in each and every service you access in the portal. Reportlinker. On 6 October, Myanmar ratified the ICESCR, due to come into force in the country on 6 January 2018. Today, Dubai has focused its economy on tourism by building hotels and. The Free Zone has evolved into a trade catalyst and a smart business community that offers unprecedented growth opportunities and market access. 9 points in August from 44. DISCLAIMER By accessing the Market Watch link marketwatch. Including: Your comment: Residential buildings are only filled to about 50% on average. The Dubai Trade portal offers a single window to the online services of its stakeholders. WTTC conducts research on the Economic Impact of Travel & Tourism in 185 countries for nearly 30 years. Both parties share a common vision of building a cohesive society that ensures justice, equality and security. • Wholesale and retail trade accounted for 26. Annual Report 2018 To our Shareholders Combined Management Report Corporate Governance Consolidated Financial Statements Additional Information Letter to Shareholders LETTER TO SHAREHOLDERS Dear Shareholders, Dear Readers, HUGO BOSS looks back on a successful 2018. Country Report 2017 - Includes the United Arab Emirates real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. The full report contains more than 170 pages of narrative and tables. Dubai's economic base is diversified, yet closely intertwined with the growth rates of its international trading partners, and this complex relationship can positively boost or lower the impact of financial trends worldwide. Market research on the travel industry. Cost of living index in Dubai is 31. After healthy gains during Q1-Q3, a combination of slowing smartphone sales, the trade war and mounting uncertainty over global economic growth, contributed to a 5% decline in Q4. Search reports, statistics & slideshows on Hospitality View Trends, Analysis and Statistics. During 2017, the transport and storage sector surpassed wholesale and retail as the. Until the 2008 global economic downturn had its toll on Dubai, the country had achieved a 17% annual growth rate from 2000 to 2006. 67 billion) economy to grow at a rate of 3. World Economic Forum: Global Enabling Trade Report 2016. Emirates NBD Research provides detailed coverage of 16 GCC and MENA economies, analysing them from a top down macro and strategic perspective as well as by a bottom up sector by sector approach. 7 percent from the previous year, according to the IIE Open Doors Open Data report. Expo 2020 Dubai will host the world for 173 days, each one brimming with new experiences. A quarterly economic bulletin on the Middle East that builds on a range of publications we publish on the global economy and various countries and regions. The 2018 report also presents the results of our latest Global Risks Perception Survey, in which nearly 1,000 experts and decision-makers assess the likelihood and impact of 30 global risks over a 10-year horizon. The Cavendish Maxwell Quarterly Residential Market Report for Dubai provides analysis and summary of the apartment and villa properties, highlighting the price movement, rent and yield scenario, residential supply as well as the macro-economic factors impacting this segment. 6% over 2017. Oxford Economics is headquartered in Oxford, England, has regional centres in London, New York and Singapore and maintains offices in Belfast, Chicago, Dubai, Miami, Paris, Philadelphia, San Francisco and Washington, DC. countries in the world, Dubai was on track to be the fourth most visited city in the world in 2018. The GDP estimate released today is based on more. Exactly on December 12, 2016, I wrote an article predicting that Dubai is going to see its economic fall. The report also incorporates the Cavendish Maxwell Residential Market. The Premier Digital Marketing Conference & Exhibition in the Middle East held annually in Dubai! Join your peers for 2 days jam packed with digital marketing best practices, latest trends and strategy, also check out the next generation of technology & innovation; Internet, Mobile, AdTech, MarTech & SaaS Technology. 6, making its economy the 9th freest in the 2019 Index. Do I get a free tourist visa on arrival to visit Dubai for a week ?. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Dubai is essentially a desert city well with superb infrastructure, liberal policies (by regional standards), that became popular for its excellent tourist amenities. This report highlights our financial results and our achievements throughout 2018. The article is adapted from DCI’s 2018-19 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors—the most comprehensive, non-partisan tool for building deep business acumen about the economic and business realities of U. We care about your privacy. Tech Nation Report 2019: UK leads Europe in scaleup investment. Shareholders who wish to receive a paper copy of the Annual Report and Accounts should. ae on your device, you will be deemed to have read and agreed the below terms, the Terms & Conditions and Disclaimer available at www. But what if they do? The migrants are not the only people affected by their decision to move. There are a lot of ifs and buts in your question which make me uncomfortable. Global Wellness Economy. NBK provides you with timely economic research and analysis on local, regional and international markets, keeping you better informed and up-to-date on the latest trends and developments. The economy of Dubai is one of the fastest growing economies of the world. The aim of this report is to look at the current status of the bilateral economic cooperation between Dubai and Ethiopia and the prospect economic synergies that may arise in the future given their respective competitive advantage and global competitiveness. At one time an underdeveloped area, by 1985 the region had the highest per capita income in the world. 23 August 2019. Salaries in Dubai are on the rise each year, according to salary reports submitted every year. Dubai Media City. The Department of Economic Development (DED) has launched the ‘Dubai Economic Report 2018,’ which reviews the major macro- and sectoral level economic developments and growth in the emirate. A successful community has places for people to work. Our research brings into focus the amount spent on oncology medicines globally, clinical trial activity, complexity and success, and the outlook through 2023. LOOK-AHEAD 2018: Bright outlook for UAE economy said in their UAE Market Review and Forecast 2018. The Dubai Trade portal offers a single window to the online services of its stakeholders. Oil prices rebounded firmly in March-May 2019 as a result of strong compliance with production cuts by OPEC. Oxford Economics is a leader in global forecasting and quantitative analysis, with the world’s only fully integrated economic model and 250 full-time economists, we help our clients track, analyse, and model country, industry, and urban trends. Share this with Facebook; is a federation of seven states that has grown from a quiet backwater to one of the Middle East's most important economic centres. and its consolidated entities. Add to Calendar 2018-05-02 10:00 AM 2018-05-02 12:30 PM Asia/Dubai MENA Regional Economic Outlook Update - IMF Report Launch DFC Conference Centre, Precinct Building 4 Overview The Dubai International Financial Centre (DIFC) in partnership with the International Monetary Fund (IMF) would like to invite you to the launch of the IMF Regional. In 2017-18 of the 168 private schools in Dubai, 124 were given permission to increase their fees. Residential DUBAI Dubai’s residential market in 2017 has. They are expiring in 2022. This report was prepared by the Office of Agricultural Affairs of the USDA/Foreign Agricultural Service in Dubai, UAE for U. and could reach $1. The Finance Division deals with the subjects pertaining to finance of the Federal Government and financial matters affecting the country as a whole, preparation of annual budget statements and supplementary/excess budget statements for the consideration of the parliament accounts and audits of the Federal Government Organization etc. mil site by inspecting your browser's address (or "location") bar. 8 In June 2016, U. In recognition of our work to prepare clients and our people for Industry 4. Oil was the biggest industry of Dubai at one time. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. Inflation is projected to rise to 4. 5%, according to the Dubai Economic Outlook report released on the sidelines of the UAE Economic Outlook forum, which concluded today in Abu Dhabi. Independent auditor's report to the Owner of Dubai Aviation Corporation Our opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Dubai Aviation Corporation ("the Comp any") as at 31 December 2018, and its financial. Oman s 2018 budget continues to focus on economic diversification with a projected 11% increase in other revenues as compared to the 2017 budget. TECOM Group is a strategic business enabler of 11 communities in Dubai that offer home to over 5,100 companies with a total workforce of 76,000. Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi. 16,560 while that in 2019 is 16. Imports and exports in Dubai in figures. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. Much like in 2017, the aging US population could continue to restrain the growth of the workforce in 2018. Global Wellness Economy. Dubai's economic base is diversified, yet closely intertwined with the growth rates of its international trading partners, and this complex relationship can positively boost or lower the impact of financial trends worldwide. exported $2. But the report suggests that few law firms may be ready for the change. –-− Two dots indicate that data are not available. 8% by March 2018 and further to 11. Creating a Shared Future in a Fractured World The global context has changed dramatically: geostrategic fissures have re-emerged on multiple fronts with wide-ranging political, economi. 6% in the first quarter of 2019, up from 0. 6 per cent in 2018, stated Sami Al Qamzi, director general of Dubai Economy. This page has economic forecasts for the United Arab Emirates including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the the United Arab Emirates economy. Welcome to the LPI 2018 The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance. The high revenues generated from natural resources have been invested in social and economic infrastructure, including basic health services, education, and training. Real GDP growth will pick-up in 2020 with the hosting of World Expo 2020. Pricing: Overall, cap rates will largely be stable globally in 2018, supported by positive investor sentiment and capital availability. According to a recent report by Capital Economics, passenger traffic at Dubai International Airport has slowed since the middle of last year. DUBAI, (UrduPoint / Pakistan Point News / WAM - 22nd Dec, 2018) The Department of Economic Development, DED, announced the release of the ‘Dubai Economic Report 2018’ on Saturday. Dubai's trade activities accounted for 18. 2018 was a challenging year for the real estate sector in the UAE and the region. In addition, the budget focuses on fiscal management by curtailing the increase in total expenditures to 7% c ompared to projected revenue increases of 9%. REUTERS/Ahmed Jadallah/File Photo Aramco’s planned IPO is the centerpiece of Saudi Arabia’s economic transformation drive to attract foreign. Download the Full Sustainability Report. economy as well. After healthy gains during Q1-Q3, a combination of slowing smartphone sales, the trade war and mounting uncertainty over global economic growth, contributed to a 5% decline in Q4. IMD World Competitiveness Rankings 2018 Results. "Dubai apartments. 23 August 2019. The city of Dubai has a free trade in gold and until the 1990s was the hub of a "brisk smuggling trade" of gold ingots to India, where gold import was restricted. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. Economic growth is forecast to reach 3. 4 per cent next year, up from 1. A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market 'bottoming out' before the end of 2017, but the planned introduction of VAT on January 1, 2018 is already causing nervousness amongst existing commercial tenants. Jan 14, 2018 · 50 Companies to Watch in 2018; Where to Invest $1 Million The result is a thriving gateway to globalization with a superior economic outlook. Petroleum under different forms is the most exported product in the Emirates, and according to recent reports crude and refined petroleum have brought around 100 billion US dollars per year to the economy. Additional Information B. According to RBI's latest Financial Stability Report, the gross nonperforming advances (GNPA) ratio of banks increased from 9. CABSAT is the ultimate event for the satellite, broadcast and filmed content - media and entertainment industry, showcasing ground breaking innovation and powerful solutions for professionals looking to create, manage, deliver and monetize content on any platform. Petroleum production is centered in Abu Dhabi and Dubai. Thuraya Astronomy Center- Dubai Meteorite, Space and Astronomy Museum Video The Latest Worldwide Meteor/Meteorite News Posted: 14 Jun 2018 07:49 AM PDT Thuraya Astronomy Center (Dubai Astronomy Group)- Dubai Meteorite, Space and Astronomy Museum. 2 percent from 0. The Pulse of the Fashion Industry report is published by the Global Fashion Agenda, in collaboration with The Boston Consulting Group. We increased our pace of growth as planned and achieved our annual targets. Read More. This annual study, “The Economic Impacts of Commercial Real Estate,” published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate. Search reports, statistics & slideshows on Hospitality View Trends, Analysis and Statistics. On 24 January 2018, an Organisation for Economic Co-operation and Development (OECD) Working Group meeting, co-chaired by the Minister of Economy of Afghanistan Dr. Shareholders who wish to receive a paper copy of the Annual Report and Accounts should. DUBAI, June 11 (Xinhua) -- The Dubai Financial Market General Index (DFMGI) on Monday jumped 1. 8 In June 2016, U. Download the Full Sustainability Report. Dubai migrant workers: The hidden slaves behind glamour city. The Dubai Islamic Economy Development Centre (DIEDC) today publishedthe outcomes of the State of the Global Islamic Economy Report 2017-2018 titled ‘Outpacing the Mainstream’. According to JLL, the total numbers of 25,600 off plan properties were sold out in Dubai in the year 2017, and that happens to be the highest value since 2008. A quick note about times on this report - all times are New York time until touchdown in Dubai when times switch to Dubai time. DUBAI/MUMBAI (Reuters) - Saudi 2018. In 2012, Transparency International revised the methodology used to construct the index to allow for comparison of scores from one year to the next. Economic growth is forecast to reach 3. The report, issued by the Dubai Economic Department, forecasts Dubai’s economy to grow 3. البوابة الرسمية لبلدية دبي. 4% in January-August 2018 from a year earlier because of weaker economic growth in visitors’ countries (Iran, Oman, Saudi Arabia, etc. 2018 UAE Chicken Market Report and Outlook expected to drop by two percent in 2018 due to slower economic the approaching World Expo 2020 to be held in Dubai. 8 percent in 2021. 7% in 2018, up from the prior year’s meagre growth of 0. If voters are willing to vote Democrat in 2020, the economy isn’t their first priority, nor worries of a recession, which is a threat to it and the housing market in 2020. The article is adapted from DCI’s 2018-19 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors—the most comprehensive, non-partisan tool for building deep business acumen about the economic and business realities of U. News Expo 2020's Expo 2020 Dubai's economic impact has been revealed in a new report published ahead of the landmark event As Dubai prepares to host the first ever World Expo. Montreal, 20 September 2018 - Airports Council International (ACI) World today published the 2018 edition of its Annual World Airport Traffic Report (WATR) which found that global passenger and cargo growth remained resilient and robust in the face of threats from trade and political tension around the world. The Finance Act, 2018 amended the Central Bank of Kenya Act (CBK Act) to provide the legal framework for the licensing and regulation of the mortgage refinance business and to bring the operations of Mortgage Refinance Companies (MRCs) within the regulatory and. Dubai saw steady GDP growth of 2. We are working to restore service as soon as possible and apologize for any inconvenience this has caused. NAIROBI, Kenya, Dec 31 (IPS) - Teenage pregnancy in Kenya is a crisis of hope, education and opportunity. Featuring the new Global Competitiveness Index 4. 2 percent in 2018, before moderating to 2. Shifting Workforce Demographics. In 2018, Curtin was the only Australian non-Go8. Petroleum production is centered in Abu Dhabi and Dubai. exported $2. economic times as well as during fiscal stability, spending on healthcare has continued to grow. Oil was the biggest industry of Dubai at one time. 22/07/2018 I am a Kenya passport holder, with a long term 10 years UK business visas. The Global Islamic Economy Summit (GIES) is the world's largest and most comprehensive forum dedicated to the Islamic economy. 1% of global GDP. AECOM designs, builds, finances and operates infrastructure assets in more than 150 countries. The report reviews the major macro- and sectoral level economic developments and growth in the emirate during 2017. -China relations. Ministry of Finance welcomes IMF Executive Board's statement on the 2019 Article IV consultation with Saudi Arabia Closure of the August 2019 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program MOF Warns against Dealing in Virtual Currencies, Including cryptocurrencies that claim relationship with the Kingdom Ministry of Finance Releases Q2 2019 Budget Performance Report. 16,560 while that in 2019 is 16. Founded in Chicago in 1924, Grant Thornton LLP is the U. THIS ARTICLE ASSESSES the prospects for Dubai’s hospitality, residential, retail and office markets for 2017 and beyond. The UAE government has worked towards reducing the economy's dependence on oil exports by 2030. What do we do? UNCTAD Creative Economy Programme generates economic information through a trade lens, to understand past trends and project into the future and to promote data-led understanding of trade in creative goods and services, intellectual property, ideas and imagination. Successful efforts at economic diversification have reduced the portion of GDP from the oil and gas. corporate and household," a June economic report from Abu Dhabi Commercial Bank (ADCB) said. DUBAI, (UrduPoint / Pakistan Point News / WAM - 22nd Dec, 2018) The Department of Economic Development, DED, announced the release of the ‘Dubai Economic Report 2018’ on Saturday. The Dubai Economic Development (DED) offers several options to renew trade license in Dubai. Real GDP growth will pick-up in 2020 with the hosting of World Expo 2020. A quarterly economic bulletin on the Middle East that builds on a range of publications we publish on the global economy and various countries and regions. Through its strategic location and excellent multimodal connectivity, Dubai seamlessly connects India’s exports to new frontiers. By Robert Mogielnicki, for The Arab Gulf States Institute in Washington. On 6 October, Myanmar ratified the ICESCR, due to come into force in the country on 6 January 2018. 7% in 2019 as.