Category :Economy

Economy Business News Regional

Saudi Arabia Plans to 38 More Logistics Zones by 2030

Global Business Magazine July 18, 2023

Saudi Arabia’s logistics sector is all set to reach new heights as the Kingdom has announced establishing 59 logistics zones in the Read More

Economy Airlines Featured News Regional

Dubai International Airport Ranked First Among 10 Busiest Internationally

Global Business Magazine July 11, 2023

Dubai international airport has been ranked first among the top 10 busiest international airports for June 2023, according to the UK-based Official Airline Guide (Read More

Finance Economy Featured News Regional

World Bank’s IFC to Help Egypt in Asset Monetisation Programme

Global Business Magazine June 28, 2023

The Egyptian government has appointed World’s Bank’s International Finance Corporation (IFC) as strategic advisor for its assets monetisation programme to Read More

Economy Featured Finance News Regional

Dubai Emerging as ‘Global Destination’ for Entrepreneurs in MENA, Says Report

Global Business Magazine June 28, 2023

Dubai is home to over 40% of the Middle East and North Africa (MENA) region’s scale-ups, with 306 among them calling the Emirate Read More

Economy Featured News Regional

Abu Dhabi’s GDP Grew by 3.9% in Q1 of 2023

Global Business Magazine June 26, 2023

Supported by strong performance in non-oil activities, Abu Dhabi’s Gross Domestic Product (GDP) grew by 3.9% in the first three months of Read More

Economy Business Featured News Regional

UAE Ranked First in Middle East and Africa for Migration of Millionaires in 2023

Global Business Magazine June 14, 2023

The UAE is the top destination in the Middle East and ranked second globally after Australia, for migration of millionaires, the real-time Read More

Economy Business Featured News Regional

UAE’s SWFs to Offer Financial Support to War-Torn Ukraine

Global Business Magazine June 13, 2023

Abu Dhabi Investment Authority (ADIA) and ADQ, two State-owned investors of the UAE, are not only known for the business acumen but Read More

Economy Featured News Regional

Dubai Chamber of Commerce Enrol 15,366 New Companies in Q1-2023

Global Business Magazine June 6, 2023

Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, on Monday announced that 15,366 new companies have registered with Read More

Economy Featured News Regional

DWTC’s Economic Output is $3.54 Billion by Holding 63 Mega Events in 2022

Global Business Magazine May 31, 2023

The total economic output of Dubai World trade Centre (DWTC) across 63 large-scale events was $3.54 billion, of which a substantive $2.01 billion was retained Read More

Economy Featured News Regional

Dubai Tops the List of Cities Benefited by Global Tourism Revenues in 2022

Global Business Magazine May 30, 2023

As many as four cities in the GCC region figure in the list of top 10 cities across the world which benefited from Read More