The International Monetary Fund’s (IMF) forecast for the UAE’s economic growth remains unchanged at 3%. That’s despite downgrading its global forecast this year to 3.1%, from 3.3% in July, indicating a risk of a recession. The fund has also adjusted its forecast for 2016, from 3.8% to 3.6%. Its latest World Economic Outlook says the developed world is performing well, but emerging markets are weak, resulting in slower growth.
Dubai Chambers opens first US office in New York
Dubai Chambers has opened its first representative office in the United States, located in New York.
Dubai Exhibition Centre gears up for mega events
The Dubai World Trade Centre has announced that Phase One of the Dubai Exhibition Centre (DEC) expansion is nearing completion — a major step towards welcoming key global events from early 2026.
UAE executes first government transaction using Digital Dirham
The UAE has completed its first government transaction using the Digital Dirham, marking a major milestone in the adoption of the country’s national digital currency.
Chad launches $30 billion investment drive from UAE
Chad has officially launched the first round of investment talks in the UAE under its National Development Plan, Chad 2030, also known as 'Chad Connection 2030'.
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