UAE. Dubai expects two of its main companies to refinance debt this year without government help as economic growth accelerates. "I'm very confident they will manage to sort out these issues on their own," Mohammed Al Shaibani, director general of the Dubai ruler's court, said.
UAE. The Global Cross-Border report shows Middle-East as one of the regions with the highest incidence of cross-border online shoppers; UAE consumers continue to increase their online shopping. In 2016, 68% of adults in UAE shopped online in the past 12 months, increasing from 63% in 2015.