EconomyTop StoriesDubai’s annual inflation rate slows to hit lowest level in 14 monthsGBO CorrespondentNovember 21, 2024 GBO CorrespondentNovember 21, 2024 When compared to other major cities in the region, Dubai's inflation rate...
EconomyTop StoriesUAE Central Bank revises inflation forecast downwards for 2024GBO CorrespondentJune 26, 2024 GBO CorrespondentJune 26, 2024 The non-tradable portion of the consumer basket is expected to be the...
EconomyTop StoriesUAE non-oil sectors hit five-month activity dip, economy to witness 5.7% growth in 2024GBO CorrespondentFebruary 26, 2024February 26, 2024 GBO CorrespondentFebruary 26, 2024February 26, 2024 The official also noted that the Purchasing Managers’ Index in the UAE...
EconomyTop StoriesUAE non-oil sector boom: All you need to knowGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 2023 The seasonally adjusted S&P Global UAE Purchasing Managers' Index surged to 57.7...
EconomyTop StoriesInflation threat over ‘Saudi Vision 2030’? Here is what UAE businesses have to sayGBO CorrespondentJanuary 30, 2023 GBO CorrespondentJanuary 30, 2023 Businesses worry about the effects of persistently high inflation, a decline in...
EconomyTop StoriesRising inflation skyrockets value of sales in Saudi, UAE storesGBO CorrespondentNovember 14, 2022November 14, 2022 GBO CorrespondentNovember 14, 2022November 14, 2022 With inflation rising and consumers spending more on necessities, the US Federal...
EconomyTop StoriesInflation impact: UAE shoppers decide to cut back on clothingGBO CorrespondentOctober 20, 2022October 19, 2022 GBO CorrespondentOctober 20, 2022October 19, 2022 The UAE central bank predicted 5.6% inflation in 2022, which would be...
Islamic FinanceTop StoriesUAE businesses raise prices as inflation bitesGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 2022 UAE businesses reported cost increases of 18% for energy and utilities, 17%...