Category :Economy

Business Economy Finance Investments News start-ups Technology Venture Capital World

Vietnam’s Start-ups Grow to Become a Game Changer in Southeast Asia

Global Business Magazine April 14, 2023

Aided by favourable government policies and foreign venture capital, Vietnam has become a major start-up powerhouse in Southeast Asia attracting foreign investors Read More

Environment agriculture Featured Investments News World

Bidra Innovation Ventures Secure $200 Million Funding

Global Business Magazine April 14, 2023

The $250 million San Francisco-based Bidra Innovation Ventures (Bidra) has announced a $200 million commitment by Morocco’s Mohammed VI Polytechnic University (UM6P) Read More

Economy Banking Finance News Recession World

US Banking Crisis Likely to Push It’s Economy into Recession in 2023

Global Business Magazine April 13, 2023

The US Federal Reserve on Wednesday said that fallout from the US banking crisis was likely to cause the economy to tilt Read More

Featured Banking COVID-19 Economy Finance Investments Merger and Acquisitions News Regional

Ahli Bank Rejects Merger Offer from Bank Dhofar in Oman

Global Business Magazine April 13, 2023

Two days after receiving a proposal from Sultanate’s second biggest lender Bank Dhofar, Oman’s Ahli Bank has rejected the non-binding Read More

Featured Business Economy Finance News Regional

GCC Consulting Market Revenues to Cross $4 Billion in 2023

Global Business Magazine April 13, 2023

Major projects undertaken by the GCC nations is expected to boost the region’s consulting market which is expected to exceed $4 billion Read More

IMF Economy Featured Finance News World

IMF Says Global Economic Recovery Endures but Its Not an Easy Ride 

Global Business Magazine April 12, 2023

The International Monetary Fund (IMF) on Tuesday said that the global economy’s gradual recovery from both the pandemic and Russia’s Read More

Featured Business Civil Aviation Economy News Regional

UAE’s National Carriers Operated 98,926 Flights in Q1-2023

Global Business Magazine April 11, 2023

The five national airlines of the UAE – Emirates Airlines, Etihad Airways, Fly Dubai, Air Arabia and Al Arabiya Abu Dhabi – have combinedly Read More

Economy Featured News

Australia’s lower house adopts emissions reduction bill

Global Business Magazine March 28, 2023

Australia’s Lower House of Parliament on Monday passed an emissions reduction plan with curbs on some new gas and coal investments Read More

Economy Featured News Regional

Saudi Arabia allocates $80 billion for drinking water projects in the Kingdom

Global Business Magazine March 28, 2023

Saudi Arabia’s Deputy Minister Abdulaziz Al-Shaibani said that the Kingdom has allocated a budget of more than $80 billion to implement hundreds Read More

Economy Featured News Regional

Dubai’s economy remains resilient despite global headwinds

Global Business Magazine March 20, 2023

Dubai's economy achieved a strong performance during 2022 as many sectors registered stupendous growth, and all sectoral indicators confirmed that the Emirate’s Read More