This will lead to a surge in job creation and employment as also a rise in population in the coming year, says a leading economist
UAE inflation
Latest in UAE inflation
Dubai real estate market
UAE tourism to soar in 2023 with $27bn plan: Report
The country’s growth might slow in 2023 but the non-oil sector will remain resilient
economic outlook
GCC reports lower inflation than the global average: Everything you need to know
Despite higher-than-expected inflation worldwide, business conditions in the UAE and Saudi Arabia improved in July resulting in higher job creation
economic outlook
High inflation among the reasons for slower world economic growth: IMF
The world economy is likely to grow slower at 3.2 percent this year, and the IMF urges policymakers to prioritise addressing inflation
Global Food Security Index
Could food price inflation help you eat healthier?
The UAE’s sound strategies to enhance food production and distribution capacity promises to aid residents in their efforts to curb expenses
cost of living
UAE residents spending less as cost-of-living skyrockets compared to last year
Top areas for cutbacks are eating out and clothes/apparels
government subsidies
UAE starts receiving inflation allowance applications from Emiratis
The ministry of community development also announces rolling out of the new social welfare programme from September 2022
food inflation
Inflation takes flight – but what goes up must come down
The opportunity presented in regional investment-grade bonds stands out in the asymmetry between the upside and downside at present, particularly in comparison to other markets
consumer behaviour
Rising food prices push retailers to rethink pricing as consumers look for greater value
The UAE’s retail sector is looking to boost efficiency and embrace digitalisation as customers become increasingly conscious about food prices
Central Bank
Factors causing inflation of fuel and food prices ‘beyond the control of central banks’: experts
Consumers may feel the sting of higher prices more acutely than the pinch of a three-quarter point bump in interest rates, experts told Arabian Business
business outlook
Inflation on the rise in the UAE: Everything you need to know
Impact of growing inflation rates on the region’s economy and businesses, along with expert insights
Central Bank
UAE Central Bank follows US Fed’s biggest interest rate hike since 1994 to rein in rising inflation
High inflation imposes significant hardship, especially on those least able to meet the higher costs of essentials like food, housing, and transportation, the US central bank chairman said
consumer prices index
Dubai records highest consumer inflation level in seven years
The year-on-year increase of 4.6 percent was driven by higher transport costs as oil prices rose
bank loans
What will impact UAE consumers more: Rising interest rates or higher prices due to inflation?
The US Federal Reserve’s “aggressive rate hike” is in line with efforts to stop the economy from overheating and reduce inflation that is running at its highest levels in four decades, experts said
Dubai
How are businesses in the UAE likely to manage rising inflation costs while retaining customers?
Lovrenc Kessler, the managing partner at Simon-Kucher & Partners, talks to Arabian Business about the latest findings from the recent Inflation Pricing Study released by the global consultancy
Century Financial
Why inflation is here to stay
Ongoing geopolitical tensions and supply-side bottlenecks are driving a global increase in fuel and wheat prices
Arab Economic Outlook Report
Inflation in Arab countries to increase 7.5 percent in 2022 as food and energy prices rise: Arab Monetary Fund
Arab Central Banks and other monetary authorities will implement unconventional monetary policy tools to increase financial inclusion, support recovery, and stimulate economic activities, the Arab Monetary Fund report stated