United Arab Emirates

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... 2008-06-27

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... 2008-06-23

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... 2008-05-30

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... 2008-05-30

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... 2008-05-29

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... 2008-05-01

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