Category :Economy

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Shariah-compliant crypto Islamic Coin Aims to Exceed Bitcoin’s $1 Trillion Valuation

Global Business Magazine April 18, 2023

Emerging Shariah-compliant cryptocurrency Islamic Coin (ISLM) aims to exceed Bitcoin’s (BTC) $1 trillion valuation.Read More

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Emirates to Increase Flights across the GCC and Middle East Ahead of Eid Al Fitr

Global Business Magazine April 18, 2023

Emirates, the UAE’s national carrier, on Tuesday announced expansion of its schedule this week to offer 38 additional flights across six cities Read More

Finance Banks Bonds Breaking News Economy Energy Investments Listings Regional

TAQA Group Completes $1.5 Billion Dual Tranche 5-year and 10-year Bond Offering

Global Business Magazine April 18, 2023

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa (MENA) Read More

Business Earthquake Economy Environment Featured Finance Insurance Investments News Regional World

Turkiye and Syria Earthquake Losses Comprise Over Half of Global Economic Losses in Q1-2023

Global Business Magazine April 18, 2023

The devastating earthquake in Türkiye and Syria on February 6, whose economic losses were approximately $39.1 billion, drove global natural disaster losses in Read More

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Stanchart and IFC Renew Commitment to Boost Global Trade by up to $6 Billion

Global Business Magazine April 18, 2023

Standard Chartered (Standchart) and the International Finance Corporation (IFC) have announced the signing of a $700 million investment in the IFC’s Global Read More

Business Economy Featured Finance Investments News Regional World

UAE to Make Fresh Investments Worth $2.45 Billion in Brazil

Global Business Magazine April 17, 2023

Brazilian President Luiz Inácio Lula Da Silva and his entourage reached an agreement with the UAE which foresees investments worth around $ 2.45 Read More

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Higher Interest Rates May Weaken NZ Dollar, Says BNP Paribas

Global Business Magazine April 17, 2023

The New Zealand dollar is likely to become “weaker” as higher interest rates are exposing the vulnerabilities in the country’s household Read More

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Profits of GCC Companies Register Record Growth in 2022

Global Business Magazine April 17, 2023

Listed companies in the Gulf Cooperation Council (GCC) reported another record aggregate profits during 2022 with growth seen almost across all the six Read More

Business Economy Featured Finance Investments News Regional Special Economic Zones

Saudi Arabia to Establish Four New SEZs in the Kingdom

Global Business Magazine April 14, 2023

Saudi Arabia to Establish Four SEZs in the KingdomRead More

Banking Business Economy Finance Investments Listings News Regional

Ethmar International Holding and Ajman Bank Sign Strategic Partnership Deal

Global Business Magazine April 14, 2023

Ethmar International Holding and Ajman Bank Sign Strategic Partnership DealRead More