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Category :Economy

Tourism’s Contribution to Global Economy Expected to Reach $11.1 Trillion This year

Global Business Magazine April 10, 2024

The contribution of global travel and tourism sector to the global economy is projected to reach an all-time high of $11.1 trillion in 2024, Read More

Economy Featured News Regional

Abu Dhabi Tourism Strategy Plans to Boost Visitor Numbers to 39.3 Million by 2030

Global Business Magazine April 5, 2024

The Abu Dhabi Tourism Strategy, which was released on Thursday, seeks to boost visitor numbers from nearly 24 million in 2023 to 39.3 million by 2030 (Read More

Economy Environment Featured News Regional

NEOM Homes Most Sought After by Expats Living in Saudi Arabia

Global Business Magazine April 3, 2024

Saudi Arabia’s $500 billion project NEOM has been identified as the most preferred Giga project among expatriates living in Saudi Arabia, with 29% Read More

Economy Energy Featured News Regional

ADNOC Gas Plans to Invest $13 Billion Between 2024 and 2029

Global Business Magazine April 2, 2024

As part its five-year plan between 2024 and 2029, Abu Dhabi National Oil Company (ADNOC) Gas plans to invest over $13 billion in domestic and Read More

Economy Featured News Regional

ADFD Spent Over $58 Billion in 106 Countries for Development and Investments

Global Business Magazine April 1, 2024

The Abu Dhabi Fund for Development has provided more than $58 billion in development financing and investments, benefiting 106 countries across different continents in 2033, Read More

Economy Energy Featured News Regional

Renewables Accounted 43% of Total Installed Power Capacity in 2023: IRENA

Global Business Magazine March 29, 2024

The UAE-based International Renewable Energy Agency (IRENA) has said that renewables accounted for 43% of global installed power capacity in 2023.Read More

Technology agriculture Featured News World

Lithuanian Fintech Firm to Supports Farmers in Five European Countries

Global Business Magazine March 28, 2024

Small and medium-sized agricultural businesses in five European countries - Bulgaria, Latvia, Lithuania, Poland and Portugal - will receive a total of $54.14 Read More

Economy Featured News Regional World

UAE Leads in MECA in Global Opportunities Index 2024

Global Business Magazine March 28, 2024

The UAE has been leading the 25 countries in the Middle East and Central Asia (MECA) in the five categories – Business Perception, Economic Read More

Business agriculture News Regional

Edamah and Badia Farms partner on innovative new agricultural project in Bahrain

Global Business Magazine March 28, 2024

Bahrain Real Estate Investment Company (Edamah), the real estate arm of the Kingdom's sovereign wealth fund, Bahrain Mumtalakat Holding Company (Mumtalakat), announced Read More

Economy Environment Featured News Real Estate World

UK Risks Losing Around $40 Billion in Sustainable Investment

Global Business Magazine March 21, 2024

The UK Sustainable Investment and Finance Association (UKSIF), which brings together 300+ members managing over $24.31 Trillion in global assets under management (AUM), said Read More