How would you evaluate central bank policies in regards to personal loans and their potential impact on the wider economy, and what else can be done to protect the financial system from defaults?
How would you evaluate central bank policies in regards to personal loans and their potential impact on the wider economy, and what else can be done to protect the financial system from defaults?
As one of the fastest-growing economies in the world in the early 2000s, the emirate’s GDP grew by 18% between 2006 and 2007 alone, according to the Dubai Statistics Centre. The biggest achievement during this period, however, was the successful diversification of the economy away from oil. While the government was the main driving force behind this...
How are government-related entities (GREs) looking to improve support for economic diversification in the current global economic environment?
Using a combination of central location and advanced infrastructure to attract trade operators from around the world, Dubai has successfully carried on its legacy as an shipping point between East and West. After the discovery of oil in 1966, the emirate benefitted from increased revenues, which authorities used to invest in upgrades to the...
A business-friendly environment and prime location have helped Dubai maintain a long-standing reputation a centre for trade. Building on a historical model that gave tax breaks to pearl traders, the emirate has attracted foreign investment by developing free zones that appeal to investors and businesses alike. Dubai’s free zones generally offer a...
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