Category :Business

Business News Regional World

Saudi Arabia aiming for tenfold increase in air transit traffic by 2030

Global Business Magazine April 25, 2022

Saudi Arabia is targeting a tenfold increase in international airline passengers transiting the kingdom by the end of the decade as it Read More

Business Featured News Regional

UAE’s hospitality sector performs strongly in Q1 of 2022

Global Business Magazine April 21, 2022

The Expo2020 and return of international visitors are cited as some of the reasons for the strong performance of the UAE’s Read More

Business Featured News Regional

UAE makes first payment for purchase of Rafale F-4 fighters

Global Business Magazine April 21, 2022

After years of negotiations, the UAE has signed a deal with the French aircraft manufacturer Dassault Aviation in December last year and Read More

Business News World

Morning Bid: More of the same

Global Business Magazine April 20, 2022

Many recent trends seem to be accelerating across financial markets this morning with notably the dollar climbing to a fresh two-decade peak Read More

Business Featured News Regional

Dubai investments to divest 50% stake in EMICOOL

Global Business Magazine April 15, 2022

In one of the biggest deals in the district cooling industry in the MENA region, Dubai Investments, the leading diversified investment company Read More

Business Featured News Regional

Expo 2020 drives Dubai hotel occupancy above 90% for the first time since 2007

Global Business Magazine April 15, 2022

Driven by the final weeks of Expo 2020, Dubai’s hotel industry reported its first month of over 90% or better occupancy since 2007, according Read More

Business Featured News World

More companies eager to listed on UAE bourses

Global Business Magazine April 15, 2022

Another 23 companies are waiting for approval from the authorities to get listed in the UAE’s financial markets – Abu Dhabi Securities Exchange (Read More

Business Featured News Regional

UAE’s first special purpose acquisition company comes into existence

Global Business Magazine April 15, 2022

ADQ, Abu Dhabi Developmental Holding Company and the state-owned Sovereign Wealth Fund, and Chimera Investments, a private investment firm, have set up Read More

Business Featured News Regional

The CEO of Enec is ranked 11th on the ranking of the “100 Most Powerful Arabs 2022”

Global Business Magazine April 15, 2022

Managing Director and Chief Executive Officer of Emirates Nuclear Energy Corporation (Enec), Mohamed Ibrahim Al Hammadi has been included in the Gulf Read More

Business Featured News Regional

Dubai international airport continues to be world’s busiest airport in 2021

Global Business Magazine April 12, 2022

Dubai International Airport HAS retained the title of the world's busiest international hub for passengers in 2021, as air travel demand continues to Read More