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Morning Bid: Bears at the gate

Global Business Magazine January 24, 2022

With a 14% fall from its November peak, not only is the Nasdaq deep in correction territory, it is also now within striking Read More

Business Economy News Regional

UAE regulator approves Gulf’s first SPAC framework

Global Business Magazine January 24, 2022

The United Arab Emirates' Securities and Commodities Authority (SCA) has approved a regulatory framework for special purpose acquisition companies (SPACs), the first Read More

Business Economy News World

Hong Kong’s financial sector faces talent crunch as expats head for the exit

Global Business Magazine January 24, 2022

Late last year, Tania Sibree quit her well-paid job as a financial services lawyer in Hong Kong and returned to Australia rather Read More

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle East

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Finance Economy News World

Ukraine tensions lift dollar, yuan holds firm

Global Business Magazine January 24, 2022

The dollar inched higher on Monday, moving further off its recent two-month lows, lifted by the tension between Russia and the West Read More

Featured

Sharjah Islamic Bank’s Net Profits Increase By 26.7% in 2021

Global Business Magazine January 24, 2022

Sharjah Islamic Bank announced an increase in its net profit by 26.7%, as the net profit amounted to $139.94 million in 2021 compared to $110.46 million Read More

Banking Economy Featured

Sharjah Islamic Bank’s Net Profits Increase By 26.7% in 2021

Global Business Magazine January 24, 2022

Sharjah Islamic Bank announced an increase in its net profit.Read More

Oil & Gas Economy Featured

OPEC+, IEA Forecast Robust Growth In Demand For Oil In 2022

Global Business Magazine January 24, 2022

The Organisation of Petroleum Exporting Countries (OPEC) and non-members of the group expects the demand for oil to continue this year despite Read More

Oil & Gas Business News World

EDF is planning over 5GW of renewable energy for Saudi Arabia and the UAE

Global Business Magazine January 24, 2022

EDF, the French power company, aims to build at least 5 gigawatts of renewable power generation in Saudi Arabia and the United Arab Read More

Health COVID-19 News Omicron World

What you need to know about the coronavirus right now

Global Business Magazine January 21, 2022

Here's what you need to know about the coronavirus right now.Read More