Category :Economy

Economy Energy Featured News Regional

Cap on Crude Oil Output to Continue

Global Business Magazine April 16, 2024

In its efforts to maintain price stability due to uncertain economic conditions, the Vienna-headquartered Organisation of Petroleum Exporting Countries (OPEC) and its Read More

Economy Energy Featured News World

Oil Prices Increase by 12.9% in Q1-2024

Global Business Magazine April 16, 2024

Oil prices increased by 12.9% in the first quarter of 2024, albeit with much volatility due to concerns that global geopolitical tensions will cause Read More

Economy Energy Environment Featured News World

US Announce Plans to Reduce GHG Emissions from Buildings by 2050

Global Business Magazine April 11, 2024

The US government is moving fast to minimise greenhouse gas (GHG) emissions from the buildings setting emission reduction targets of 65% by 2035 and 90% Read More

Economy Featured News Real Estate Regional

Indians Account for Dubai’s Most Real Estate Transactions in 2023

Global Business Magazine April 10, 2024

Dubai's real estate market continued to draw global attention, offering attractive returns to investors from all over the world, as well as Read More

Economy Featured News Regional

German Companies Eyeing ASEAN Market Using Singapore as a Gateway

Global Business Magazine April 10, 2024

With the Chinese economy slowing down, German companies are eyeing to expand their businesses in the ASEAN market by using Singapore as Read More

Economy Featured News Tourism World

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