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Expo 2020 Dubai

Costs at three-year high in UAE non-oil sector

Energy and material costs are at their highest levels for more than three years in the United Arab Emirates non-oil sector, forcing businesses to increase their prices, according to the latest S&P Global UAE Purchasing Managers’ Index (PMI) released on Monday. “The burden of rising input prices continued to be felt across the UAE non-oil […]

DEWA IPO bodes well for Dubai’s asset sale

A further nine government and state-owned companies are now set to be listed on the DFM Optimism is growing over government plans to monetise state assets following the hugely successful Dubai Electricity & Water Authority (DEWA) initial public offering (IPO). DEWA debuted on the Dubai Financial Market (DFM) on April 12 in the UAE’s largest […]