Category :Economy

Economy Green Energy Investments News Regional

MENA’s Offshore Wind Energy Potential Is 1,400 GW

Global Business Magazine June 25, 2024

The total offshore wind potential in the Middle East and North Africa (MENA) is estimated to be around 1,400 GW but the only Read More

Economy News Regional World

World Bank To Provide $700 Million Loan to Egypt

Global Business Magazine June 25, 2024

The struggling economy of Egypt received a boost with Washington-based lender World Bank on Monday announcing a $700 million loan in Development Policy Read More

Business Companies Environment Infrastructure Infrastructure Regional World

Itochu and Emirates Steel Plan to Establish Iron Processing Facility in UAE

Global Business Magazine June 24, 2024

Itochu Corporation, a Japanese trading house, is planning to establish a global supply chain for reduced iron, a low-carbon steel feedstock and Read More

Companies Business Energy Infrastructure Investments Regional

Huge Investments Driving Growth in GCC Region

Global Business Magazine June 24, 2024

Despite an unsettled political backdrop, rapid levels of investment are driving growth in the Gulf Cooperation Council (GCC) as countries look to Read More

Business Airlines Leisure travel Regional Tourism World

London Gatwick Offers 14 New Routes Ahead of Summer Getaways

Global Business Magazine June 19, 2024

Passengers across London and the South East will have the choice of 223 destinations from 56 airlines at London Gatwick International Airport this summer, Read More

Economy Regional Wealth Wealth World

UAE Leads in Attracting Migrating Millionaires Globally

Global Business Magazine June 19, 2024

With its zero income tax, golden visas, luxury lifestyle, and strategic location, the UAE has entrenched itself as the world’s number Read More

Economy Green Energy Investments Regional World

Azerbaijan Encouraging Clean Energy Projects to Reduce Carbon Emissions

Global Business Magazine June 18, 2024

Azerbaijan, one of the biggest oil and gas producers among Central Asian nations and which will be hosting COP29, the UN Climate Read More

Business Airlines Civil Aviation Leisure travel Regional Tourism World

Riyadh Air Eyes China Market, Sign MoU with China Eastern Airlines

Global Business Magazine June 5, 2024

Riyadh Air, Saudi Arabia's new digitally native airline, on Wednesday said that it took a significant step forward in its future entry Read More

Economy Bonds Investments Regional Wealth

PIF Announces Pricing of Its Inaugural Pound Sterling Bond Offering

Global Business Magazine June 5, 2024

Saudi Arabia’s sovereign wealth fund – Public Investment Fund (PIF) – on Wednesday said that it has successfully priced its inaugural sterling bond Read More

Economy Leisure travel Regional Tourism

Qatar’s Travel & Tourism Sector Contribution to GDP Grew by 31% in 2023

Global Business Magazine June 5, 2024

Qatar’s travel & tourism sector has reached new heights last year, with GDP contribution, jobs and domestic traveller spend all surpassing previous Read More