Category :Economy

Business Companies Dividends Infrastructure Regional

Parkin to Pay Interim Cash Dividend of $54.12 Million

Global Business Magazine October 4, 2024

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, on Friday said that it will distribute an Read More

Business Civil Aviation Companies Regional Transportation World

Parkin and Skyports to Develop UAE’s AAM Industry

Global Business Magazine October 3, 2024

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, on Thursday said that it has signed a Read More

Banks Economy GDP Regional

UAE’s GDP to Grow 4% in 2024, Says CBUAE

Global Business Magazine September 30, 2024

Supported by improvements in the oil sector, the Central Bank of UAE (CBUAE) has revised up its forecast for the country’s Read More

Business Companies Hospitality Regional Tourism

Dubai to Add 34 New Hotels By December

Global Business Magazine September 27, 2024

Dubai is set to witness opening of as many as 34 new hotels by end of this year and another 18 in 2025, bringing their Read More

Tourism Finance Regional World

International Tourists Add $80 Billion into Spanish Economy

Global Business Magazine September 27, 2024

International tourists spent an impressive $79.28 billion in Spain between January and July 2024, up 18.6% from the same time last year, the European Union’Read More

Business Companies ESG BONDS Infrastructure World

Singapore Allocates $1.63 Billion Green Funds to Infrastructure

Global Business Magazine September 25, 2024

Singapore’s Ministry of Finance (MoF) on Wednesday said that funds to the tune of $1.63 billion were raised by government-issued “green” bonds Read More

Companies Economy Environment Regional

Gulf Capital Joins ADSFD to Support UAE’s Green Economy

Global Business Magazine September 23, 2024

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, on Monday said that Read More

Economy Imports and exports Investments Regional sovereign wealth funds World

Australia Concludes Trade Agreement with UAE

Global Business Magazine September 17, 2024

In its first trade agreement with a Middle Eastern nation, Australia on Tuesday said that it will sign a Comprehensive Economic Partnership Read More

Economy IMF Oil & Gas World

Denmark’s Economy Continues to Grow at Robust Pace

Global Business Magazine September 13, 2024

The Danish economy has continued to expand at a robust pace, driven by an exceptional surge in the pharmaceutical, while the rest Read More

Sovereign Debt Economy Recession World

Greece Tops the List of Sovereign Debt Defaulters

Global Business Magazine September 12, 2024

Greece, with a debt of $264.2 billion in November 2012, has been credited with the dubious distinction of becoming the largest sovereign debt defaulter Read More