Dubai’s status as a financial centre rests to a large extent on its advanced capital markets. The city’s various trading floors have played a regionally important role as...
The Middle East
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Chapter | Capital Markets from The Report: Dubai 2020
Home to nearly one-third of the GCC’s banking assets, the UAE’s banking industry is the biggest in the region. Dubai is one of the nation’s two financial centres, and through...
Dubai has traversed some challenging economic territory over recent years. Political tensions in the region, the 2007-08 global financial crisis and a prolonged decline in oil...
Covering a total area of 83,600 sq km, the UAE borders Saudi Arabia to the west and south, and Oman to the east. Its coastline stretches from the south-eastern shore of the...
Although Dubai has traversed some challenging economic territory over recent years the economic stimulus of Expo 2020 preparation and more stable oil prices have eased this strain in 2019, and business sentiment has improved accordingly. With the long-anticipated expo event set to take place in 2020, attention has started to focus on the important question of sustaining the current economic momentum over the medium term.
Abu Dhabi has strengthened its position as a regional trade and logistics centre, with container traffic at the emirate’s Khalifa Port rising by 82.4% year-on-year in the first half of 2019.