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UAE banks get kudos for improved balance sheet

The UAE's banking sector's solid performance over the past few quarters has earned the praise of ratings agency.

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Minerals draw UAE, other investors to Guinea

Guinea's impoverished economy received a major boost in late November when Abu Dhabi's Mubadala Development Company signed a deal with the government to build an alumina refinery, which is expected to...

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UAE gas reserves offer fresh fiscal hopes

Natural gas importer UAE is working on a number of projects that could boost the country's natural gas production

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UAE eyes 65% rise in GDP per capita by 2021

If further proof was ever needed that the UAE's confidence was well and truly back, it came with the UAE prime minister Sheikh Mohammed bin Rashid Al Maktoum 's new goal that the country's GDP per...

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Access to education a challenge in Arab world

More than 8.5 million children in the Arab world remain out of school, presenting a huge socio-economic challenge for regional authorities.

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Middle East’s ultra-rich population to swell 35%

Abu Dhabi, Beirut and Dubai will see the fastest growth in the population of ultra high net worth individuals (UHNWI) over the next decade, according to real estate consultancy Knight Frank's The World...

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Riyadh has highest disposable income in GCC

Abu Dhabi, Dubai and Riyadh are the Middle East's three richest cities, according to a new survey.

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Dubai Expo sentiment spurs UAE banking sector

The UAE banking sector's outlook has improved considerably over the past few quarters as a spate of new infrastructure and construction projects come on track and strong economic activity helped...

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New firm positions UAE in aluminum output

Dubai Aluminium 's ( DUBAL ) formal merger with its Abu Dhabi counterpart Emirates Aluminium (EMAL) is a reflection of the UAE's rise as a low-cost smelter destination at a time when high-cost players...

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Mandatory insurance law fuels growth in UAE healthcare

Dubai government's approval of the mandatory insurance law last year is starting to trigger a new wave of growth in the emirate's healthcare sector, according to Shuaa Capital.

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