Despite the slow pace of economic recovery by many of its key partners, Dubai’s non-oil foreign trade has maintained solid momentum, with direct exports on the rise.
UAE: Dubai Economy
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Economic view | John Brash, Founder and CEO, Brash Brands, on the role of branding and the diversification of Gulf economies
6 Jul 2016
John Brash: Diversification has been a deliberate policy of GCC governments for some time. The drop in hydrocarbon revenues actually shows this to have been apt and robust. So while the doom-and-gloomers would have us think the region was forced to diversify, it is actually the opposite: a case of foresight being proven. The result is that the GCC has, in the main, been able to ride out the fall in oil prices with typical panache.
Economic update | Dubai Year in Review 2015
22 Jan 2016
The year was led by solid performance in established sectors of the economy, including financial services, transport, manufacturing and construction, which helped Dubai weather the knock-on effects of lower oil prices throughout 2015.
Economic update | Dubai comes out ahead in Iran deal
24 Aug 2015
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 Year in Review 2014
7 Jan 2015
Strong fundamentals and a diversified economy are keeping concerns at bay in Dubai, despite a potential cooling of investor sentiment across the region and weakening global conditions.
Economic update | Dubai Year in Review 2013
7 Jan 2014
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.