Past News January 2015

Displaying 1-7 of 7 results.

UAE's inflation hits 6-year high on risi...

Mon, 26 January, 2015

According to official data released by the UAE National Bureau of Statistics the country's year-on-year inflation rate rose to 3.1 percent, up from 2.8 percent the previous month. December figure was well above the average inflation rate of 2.33 percent in 2014, the bureau said, adding that the December inflation matched the rate in October...

Middle East investment bank fees slump in 201...

Thu, 22 January, 2015

According to data from Thomson Reuters, the Middle East investment banking fees earned during 2014 declined 3 per cent from $776.2 million (Dh2.85 billion) during 2013, to $751.7 million despite strong recovery in equity capital markets activities and an uptick in fees during the last quarter.  Equity capital markets (ECM) underwriting fe...

UAE industrial sector contribution to GDP to ...

Tue, 20 January, 2015

According to UAE Minister of Economy, Sultan Al Mansouri, the industrial sector’s contribution to Gross Domestic Product (GDP) is expected to reach 25 per cent by 2025. Mansouri told Gulf News the current industrial sector contribution to the total UAE GDP is estimated at 10 to 11 per cent. To achieve the target increase, the Minister said t...

Dubai real estate market stabilising

Mon, 19 January, 2015

A new report suggests, Dubai’s real estate market appears to be stabilizing with the cost of renting and buying apartments registering zero increases in the last part of 2014. According to the latest report by Jones Lang Lasalle (JLL), which uses data collated by REIDIN.com, stated that the average rents and property sale prices remained ...

UAE private sector growth maintains momentum

Sun, 18 January, 2015

According to the PMI compiled by HSBC and Markit Economics, the UAE’s Purchasing Manager’s Index (PMI) for December showed sustained improvement, despite sharp decline in crude oil prices in recent months. The PMI remained well above the neutral threshold in December, posting at 58.4 and little-changed from November’s reading (58.3), s...

The British Community Assistance Fund (BCAF) ...

Wed, 14 January, 2015

The British Business Group Dubai & Northern Emirates proudly supports worthy charitable causes. The British Community Assistance Fund (also known as BCAF) is one of the organisations supported by the BBG since 2008. BCAF is a not for profit organisation run by volunteers from the resident British community in the UAE headed by James Hancock OBE...

Frequently Ask Questions

Wed, 14 January, 2015

Q: What web address do I need to use?A: The new website address is www.bbgdubai.org. Once you are on the new site, we suggest you replace your current 'favourite' with the new address. The old website will feature a link prominently displayed on the homepage that once clicked, will divert to the new site. Q: Will I be able to use my existing l...