Economic Updates: UAE Dubai

Pushing Dubai’s capital markets forward

UAE: Dubai | 26 Jun 2014
Pushing Dubai’s capital markets forward

When the UAE officially transitioned from “frontier” to “emerging” on a key market index in June 2013, a new era of both greater opportunity and closer scrutiny for the financial markets in Dubai was ushered in. The results are already coming to the fore: stocks across the UAE are up 41% in 2014 and 89% over the last year as of June, while capital markets in Dubai are starting to draw more attention from foreign investors.

New facilities provide a boost for Dubai’s aviation industry

UAE: Dubai | 26 Mar 2014
New facilities provide a boost for Dubai’s aviation industry

A new aviation district in Dubai is set to spearhead growth across the maintenance, repair and overhaul industry, while strengthening the emirate’s position as one of the world’s largest air transport hubs.

Dubai targets sustainable development

UAE: Dubai | 11 Feb 2014
Dubai targets sustainable development

Faced with rising power consumption and a grid under pressure, Dubai is stepping up its efforts to improve energy efficiency, while boosting the role played by renewable resources in meeting demand. Long term, a broad range of initiatives, supported by a new regulatory framework announced last year, should help bring energy costs under control.

Dubai Year in Review 2013

UAE: Dubai | 7 Jan 2014
Dubai Year in Review 2013

Many of the concerns that had been weighing on Dubai’s economy in the aftermath of the 2008 global financial crisis look to have been laid to rest this past year, with the emirate consolidating its place as a regional centre for tourism, transport, trade and retail, while posting robust growth.

Looking to stabilise Dubai’s real estate market

UAE: Dubai | 10 Dec 2013
Looking to stabilise Dubai’s real estate market

As property prices in Dubai continue their rise, the Central Bank of the UAE (CBUAE) has issued new mortgage regulations designed to limit speculation and help ensure the long-term stability of the investment environment. However, it appears some rules may affect only a small portion of potential buyers.

Dubai’s education sector set to benefit from rise in demand

UAE: Dubai | 20 Nov 2013
Dubai’s education sector set to benefit from rise in demand

Increasing demand for schools and universities from both expatriates and nationals is paving the way for growth in Dubai’s education sector.

New mall developments signal cautious recovery in Dubai’s retail market

UAE: Dubai | 17 Oct 2013
New mall developments signal cautious recovery in Dubai’s retail market

Rising demand and a recovering economy are driving growth in Dubai’s retail sector, with a sharp increase in new mall space suggesting that it is beginning to shake off the doldrums of the global economic crisis of 2009.