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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

Business Featured News Regional

Trade volume between Qatar and Germany jumps 76% in 2021

Global Business Magazine March 21, 2022

The trade volume between Qatar and Germany has crossed $3 billion in 2021, a surge of 76% compared with $1.7 billion the previous year. This growth Read More

Business Featured News Regional

Hatta land port linking UAE and Oman opened

Global Business Magazine March 21, 2022

The Royal Oman Police (ROP) has announced the opening of Hatta land port that connect between Oman and UAE at the new Read More

Business Featured News Regional

GCC companies raise close to $8 Billion Sukuk in 2021

Global Business Magazine March 21, 2022

Several companies in the GCC region have raised sukuk to meet their funding needs at low interest rates in 2021, according to a Read More

Business Featured News Regional

UAE government introduces new SME initiatives for Emirati entrepreneurs

Global Business Magazine March 18, 2022

On Wednesday, Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs announced new initiatives aimed as part of the three Read More

Business Featured News Regional

In next five years, Oman plans to list 35 state-owned companies

Global Business Magazine March 16, 2022

Oman is a country in Western Asia. It occupies the southeastern coast of the Arabian Peninsula at the confluence of the Persian Read More

Business Featured News World

RAK Ceramics Acquire German-based Kludi Group

Global Business Magazine March 16, 2022

RAK Ceramics on Tuesday announced the signing of a share purchase agreement for the 100% acquisition of Kludi Group, including 49% of Kludi RAK Read More