Category :Economy

Economy Featured News Regional

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark at End-2023

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Economy Featured News Real Estate Regional

Nakheel and Meydan to Merge with Dubai Holding

Global Business Magazine March 18, 2024

Nakheel and Meydan - Dubai’s two real estate giants - will be merged with Dubai Holding in an effort to sustain Read More

Economy Featured News Regional

GCC IPO Market to Remain Strong in 2024, Says Fitch Rating

Global Business Magazine March 13, 2024

The GCC governments’ plans for privatisation is all set to help the Initial Public Offerings (IPOs) momentum remain strong throughout 2024, global rating Read More

Economy Energy Featured News Regional

Barring UAE and Saudi Arabia, Growth Hits Other Countries in GCC Region in 2024

Global Business Magazine March 12, 2024

Facing a slowdown in 2024 owing to oil production cuts, the GCC growth forecast has been revised down to 2.7% from 3.9% three months ago, Read More

Economy Featured News Regional

India Sign Agreement with Four Members of European Free Trade Association

Global Business Magazine March 12, 2024

Four member states of the European Free Trade Association (EFTA) – Iceland, Norway, Liechtenstein, and Switzerland – have signed a Trade and Economic Partnership Read More

Economy Featured News World

EC Okays $3.27 Billion Aid to Romania to Achieve Net Zero Economy

Global Business Magazine March 8, 2024

The European Commission (EC) on Wednesday approved a $3.27 billion Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic Read More

Economy Featured News Regional

DFDF Invests in 14 Start-Ups and Funds in 2023

Global Business Magazine March 8, 2024

The Dubai Future District Fund (DFDF) on Thursday said that it has made strategic investments across 14 start-ups and funds in 2023, bringing the Read More

Economy Aviation Featured News Regional

MBRAH and Tim Aerospace Start Works on New Hangar at Dubai South

Global Business Magazine March 8, 2024

A day after the conclusion of the region’s biggest MRO summit, Mohammed bin Rashid Aerospace Hub (MBRAH), Dubai's aerospace platform dedicated Read More

Economy Featured News Real Estate Regional

Hong Kong and Singapore to Lead Growth of Asia’s Wealthy Population by 2028

Global Business Magazine March 8, 2024

Asia’s wealthy population is set to grow faster than any other region in the world by 2028 as the rate of growth – Read More

Economy Featured News Regional

Over 105 Million Visitors Thronged Dubai Mall in 2023

Global Business Magazine March 6, 2024

Dubai’s tourism sector is thriving and a record 105 million visitors stepping into Dubai Mall in 2023, a jump of over 19% on the Read More