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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...

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...

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...

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...

Economic Update | Dubai considers electric car solutions

15 May 2015
Dubai electric car
Electric vehicles may be set to become a more familiar sight on the streets of Dubai. The emirate has one of the world’s highest car ownership ratios and the authorities are expanding the...