Economy

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The economic narrative of Dubai has shifted in recent years, from passage through its first financial crisis as a major player in the global economy to a more forward-looking version of itself.

 

With crude oil prices low and seen as unlikely to return to levels above $100 in the next few years, the matter of taxes has been pushed to the forefront of debate in Dubai. The establishment of some form of general taxation has been one of the longest-running political issues in the emirate, the UAE and the wider region. With public revenues...

 

Level 112 of the Burj Khalifa offered a birds-eye view of Dubai to participants at the Dubai Plan 2021 Creative Labs event in March 2016. The symposium was a follow-up on the original cycle held in 2014, which formulated an ambitious strategy by which the emirate intends to build on the foundations it has already established. The 2016...

 

What are the main themes and aims of Dubai Plan 2021, and how does it complement the UAE Vision 2021 strategy?

 

Over the years, the relationship between China and the UAE has been continuously strengthened, opening up a new pattern of comprehensive, practical, efficient and rapid development. China regards the UAE as a good friend and a good partner in the Gulf region, and is willing to elevate the level of strategic partnership so as to break new...

 

What can be done in policy terms to fund upcoming mega-projects and deal with the risks low oil prices pose to the UAE’s federal budget?

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