Real estate prices in Dubai have continued to fall on the back of oversupply and ongoing development, with the trends posing both challenges and opportunities to the emirate’s economy moving forward.
UAE: Dubai
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To what extent does the branding industry, particularly in tourism and retail, in Dubai mirror the ups and downs of the broader economy?
Economic update | Dubai: Year in Review 2018
18 Dec 2018
Increased state spending on infrastructure and construction projects supported solid growth in Dubai’s economy in 2018, despite muted performances from some key sectors.
Dubai’s diverse theme park offering is paying dividends, with rising footfall in the segment supporting increased tourism revenue, thereby offsetting slower growth in other areas of the sector.
Economic update | Competitiveness and business environment see Dubai climb global financial rankings
18 Oct 2018
Dubai has improved its standing as one of the world’s top financial hubs and reinforced its position as a key regional centre for banking services, according to a recent survey on the global finance industry.
Dubai is stepping up efforts to promote the development of its small and medium-sized enterprise (SME) community, creating a new incubator to further strengthen the sector.