UAE: Dubai

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How will activity in the emirate’s real estate sector impact bank lending?

Dubai is making moves to strengthen and diversify trade ties with Latin America, investing in infrastructure to facilitate investment in high-potential sectors.

Rising demand for freight handling, logistics and subsidiary services, along with an expansion into leisure, is driving growth in Dubai’s maritime sector, helping the emirate cement its position as a global leader in the industry.

Much of the increase in...

Analysts expect consumers in Dubai to take a more cautious approach to spending after the implementation of the new value-added tax (VAT) on January 1.

Increased activity in trade, tourism and construction paved the way for another year of growth in Dubai, with momentum expected to continue through 2018 as the emirate’s preparations for Expo 2020 shift up a gear.  

Efforts to expand the reach and product offering of Dubai’s capital markets accelerated in October, as Nasdaq Dubai inked several deals to launch index futures.

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