Category :Economy

Economy Featured News Regional

Three new partnerships to drive innovation in Aviation and Logistics

Global Business Magazine December 5, 2022

His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of Read More

Economy Featured News Regional

Dubai stands to gain from FIFA world cup 2022 in Qatar

Global Business Magazine November 10, 2022

The FIFA World Cup 2022 in Qatar is all set to give a further boost to Gulf Cooperation Council (GCC) economies, which are Read More

Economy Featured News Regional

ADIPEC 2022 conference begins in Abu Dhabi today

Global Business Magazine October 31, 2022

The globally-awaited Abu Dhabi International Petroleum Exhibition and Conference - ADIPEC 2022 - will begin in Abu Dhabi on Monday.Read More

Economy Featured News Regional

Fears of economic slowdown impacts GCC project market in Q3 of 2022

Global Business Magazine October 18, 2022

GCC project awards contracted during the third quarter of the year as global economic challenges mounted.Read More

Economy Featured News Regional

Saudi Arabia’s economy poised to grow at 7.6% in 2022, says IMF

Global Business Magazine September 1, 2022

The International Monetary Fund (IMF) said in its annual report that Saudi Arabia’s economy would register a growth rate of 7.6% during Read More

Economy Featured News Regional

Emiratis spent $21.8 billion on Travel and Tourism in 2021

Global Business Magazine August 29, 2022

Data published by the UN World Tourism Organization (UNWTO) showed that the residents of the UAE spent about $ 21.8 billion on travel and Read More

Economy Featured News Regional

Middle East to gain $1.3 trillion from additional oil revenues in the next four years

Global Business Magazine August 22, 2022

Middle Eastern states are to land a $1.3 trillion windfall from extra oil revenues over the next four years, according to the International Read More

Economy Featured News Regional

CBUAE imposes $1.3 million fine on exchange house for breaching anti-money laundering laws

Global Business Magazine August 22, 2022

The Central Bank of the UAE (CBUAE) has imposed a penalty of $1.3 million on an exchange house operating in the country as Read More

Economy Featured News Regional

22 new policies are adopted by the council to quicken the shift to a circular economy

Global Business Magazine August 12, 2022

The UAE has approved 22 policies intended for at stimulating the country's transition to a circular economy, as part of its force toward Read More

Economy Featured News Regional

UAE’s GDP growth to exceed 5% in 2022

Global Business Magazine August 8, 2022

UAE Minister of Economy Abdullah bin Touq Al Marri announced that the GDP growth estimates for 2022 exceed 5%, stressing that foreign trade has Read More