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ADFD accords top priority for Water projects in 18 countries

Global Business Magazine March 24, 2022

The Abu Dhabi Fund for Development (ADFD) has earmarked $545 million for water projects among others being executed in 18 countries. The emphasis on Read More

New efforts to support the development of young children in Abu Dhabi

Global Business Magazine March 24, 2022

Abu Dhabi is now prepared to invest in a holistic approach to early childhood development to strengthen its global reputation as a Read More

Banking Business Featured Finance

UAE Central Bank rates are increased followed by U.S Federal Reserve

Global Business Magazine March 24, 2022

The Central Bank of the UAE (CBUAE) has decided to raise interest rates by a quarter percentage point, effective from Thursday,17 March 2022. Read More

Energy Featured Finance News

UAE’s power sector burns less hydrocarbons in meeting power demand in 2021

Global Business Magazine March 24, 2022

Marching ahead to meet its goal of net zero emissions by 2050, the UAE’s power sector has burnt less hydrocarbons to meet Read More

Business Featured News World

Some 19 IPOs are expected on Saudi bourse Tadawul by end of March

Global Business Magazine March 24, 2022

Saudi Arabia’s Stock Exchange (Tadawul) is to witness as many as 19 Initial Public Offerings (IPOs) by various companies by end of Read More

Business Finance News

LME says it has no current plans to ban Russian metal from its system

Global Business Magazine March 23, 2022

The London Metal Exchange has no current plans to ban from its system metal from Russian producers, such as nickel and copper Read More

Finance Business Regional

Credit Agricole suspends services in Russia as banks retreat

Global Business Magazine March 23, 2022

France's Credit Agricole (CAGR.PA) said on Tuesday it had suspended all services in Russia, joining a retreat by other international banks Read More

Energy Business Finance World

Oil rises in volatile trade amid CPC pipeline disruption

Global Business Magazine March 23, 2022

Oil prices rose in volatile trading on Wednesday, supported by disruption of Russian and Kazakh crude exports via the CPC pipeline.Read More

Business Finance News World

Explainer: Can companies leaving Russia recoup losses through insurance?

Global Business Magazine March 23, 2022

March 23 (Reuters) – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy Read More

Technology Finance News Regional

Thailand to ban use of digital assets as payments from April – SEC

Global Business Magazine March 23, 2022

Thailand has issued rules to ban digital assets from being used to pay for goods and services from April 1, the market regulator Read More