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Vertiv’s new facility in UAE

Global Business Magazine January 30, 2023

The US-based Vertiv, a global provider of critical digital infrastructure and continuity solutions, on Monday inaugurated an expansion of its factory in Read More

Business Featured News Regional

MNCs looking at Dubai to set up regional Headquarters

Global Business Magazine January 30, 2023

Multi-National Companies (MNCs) have been thronging and opening their regional headquarters in Dubai for quite some time, according to a report from Read More

Energy Featured News Regional

DEWA commissions 17 new substations in 2022

Global Business Magazine January 30, 2023

Dubai Electricity and Water Authority (DEWA) has inaugurated 17 new substations in 2022, Saeed Mohammed Al Tayer, MD & CEO of DEWA, said on Sunday.Read More

Business Featured News Regional

DMCC and BSAF sign MoU to boost agri commodities trade with South Asia

Global Business Magazine January 23, 2023

Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – and Read More

Finance Featured News Regional

Sukuk issuance volumes to decline in 2023, says S&P

Global Business Magazine January 23, 2023

S&P Global Ratings expects sukuk issuance volumes will continue to decline in 2023, albeit at a slower pace than 2022.Read More

Economy Featured News Regional

UAE’s banking sector poised to grow further in 2023

Global Business Magazine January 9, 2023

Posting recovery from the ill-effects of COVID-19 by achieving a growth rate of 7% in 2022, the UAE’s banking sector is preparing itself Read More

Banking Featured News Regional

UAE’s new commercial transaction law helps Islamic Banking sector

Global Business Magazine January 9, 2023

The UAE Banks Federation, said that the Commercial Transactions Law issued by the government, constituted a quantum leap for Islamic financial and Read More

Featured

Alpha Dhabi and Mubadala form JV, to Invest in Global Credit Opportunities

Global Business Magazine January 6, 2023

Alpha Dhabi Holding and Mubadala Investment Company on Thursday announced the formation of a joint venture to co-invest in credit opportunities.Read More

Energy Featured News Regional

ADNOC allocates $15 billion to low carbon solutions

Global Business Magazine January 6, 2023

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, on Thursday announced a bold new strategy to progress the world-scale decarbonization Read More

Economy Featured News Regional

Merchandise trade value of Arab countries increase to $1.85 trillion in 2021

Global Business Magazine January 5, 2023

The Arab Monetary Fund (AMF) has said that the total merchandise trade volume of the Arab countries has increased to $1.848 trillion in 2021, Read More