United Arab Emirates
Economy
Comments by Dubai's real estate regulator have thrown the link between property ownership and residency into doubt. Foreigners have been allowed to buy property in Dubai since 2002...
2008-06-27Economy
We are forecasting UAE export revenues to hit US$272bn in 2008, on the back of rising oil receipts for Abu Dhabi (which controls the bulk of the country's oil reserves). Dubai has...
2008-06-27Economy
High oil prices will drive the UAE's current account surplus skywards in 2008. The balance will ease in 2009 and 2010 as energy prices fall back, although growth in non-oil sales...
2008-06-23Economy
The UAE's Federal National Council (FNC) has recommended that a GCC-wide residency cap on expatriate workers, first proposed by Bahrain, be approved. The FNC's Interior and Defence...
2008-05-30Economy
We are currently forecasting an average price of US$96.50/bbl for the OPEC Basket in 2008, although with the basket trading at US$123.10/bbl at the time of writing, the risks are...
2008-05-30Economy
Despite government efforts, ongoing supply shortages suggest no easing in housing inflation in 2008. Combined with global conditions, this will translate into another year of double-digit...
2008-05-29Economy
BMI View: The UAE looks set to be the hardest hit by infrastructural shortages, but all of the GCC states (barring Qatar) are lacking the necessary power supply: with the cost of...
2008-05-01Economy
The UAE's short-term political risk rating has fallen slightly from 78.1 to 77.5 this month, on the back of a slight downgrade to its score in the social stability category. This...
2008-04-29


