Loading stock data...

Category :Economy

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

Economy Featured News Regional

UAE wants transformative action which is fair for developing economies

Global Business Magazine March 20, 2023

The UAE’s Minister of Industry and Advanced Technology, Emirate’s Special Envoy for Climate Change and COP28 President-Designate Dr Sultan Al-Jaber Read More

Economy Featured News Regional

UAE’s banking sector poised to grow further in 2023

Global Business Magazine January 9, 2023

Posting recovery from the ill-effects of COVID-19 by achieving a growth rate of 7% in 2022, the UAE’s banking sector is preparing itself Read More

Economy Featured News Regional

Merchandise trade value of Arab countries increase to $1.85 trillion in 2021

Global Business Magazine January 5, 2023

The Arab Monetary Fund (AMF) has said that the total merchandise trade volume of the Arab countries has increased to $1.848 trillion in 2021, Read More

Economy Featured News Regional

New shipping service to connect Jubail commercial port to 11 global ports

Global Business Magazine January 4, 2023

The Saudi Ports Authority (Mawani) has announced the addition of Jubail Commercial Port to India to East Med shipping service by MSC (Read More

Economy Featured News Regional

Dubai’s GDP grows to 4.6% to $84 billion in first nine months of 2022

Global Business Magazine December 13, 2022

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, announced that Read More