• Economic News Updates

    Economic News Updates

    For each market we cover, OBG produces regular economic research available on our website, by email subscription and via RSS feed. Free to access, our Economic Updates are targeted at those looking for regular comment on key sector developments.

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Economic Update | Islamic finance holds promise for Dubai

22 Nov 2015
Dubai IFS

Increasing consumer awareness and growing demand for retail products are set to drive activity in Dubai’s Islamic financial services (IFS) sector, offering scope for sustainable expansion despite forecasts of slower short-term economic growth.

Economic Update | Dubai’s property market sees price adjustments in some segments

29 Oct 2015
Dubai RE

A growing oversupply in some segments of Dubai’s residential real estate sector is encouraging developers to reposition their offering towards mid-range buyers, as the market witnesses broader price adjustments.

Economic Update | Dubai to take fuel subsidy cut in stride

15 Sep 2015
Dubai energy

On August 1, an increase in petrol charges came into force in Dubai and the rest of the UAE, following the announcement on July 22 by the Ministry of Energy (MoE) that the government is reducing the fuel subsidy it has traditionally paid. 

Economic Update | Dubai comes out ahead in Iran deal

24 Aug 2015
Dubai Iran

 Iran’s recent deal with world powers is expected to create a raft of trade and investment opportunities for Dubai, widely seen as Tehran’s stepping stone to re-engagement with global markets.

Economic Update | Dubai’s learning curve gets smoother

15 Jul 2015
Dubai education

Rising student numbers and a broader range of academic choice are driving expansion in Dubai’s private university system; however, institutions are being forced to tackle issues such as affordable student accommodation to drive further growth. 

Economic Update | Dubai set for leaner tourism season

17 Jun 2015
dubai tourism

A tapering of demand will lower earnings in Dubai’s tourism and hospitality industry this year, though an expected rise in arrivals from emerging markets, in particular Asia, may offset weaker traffic from more established sources of visitors.