Category :Economy

Economy Featured News Regional

Dubai hotels’ profits seven times higher than in 2019

Global Business Magazine July 12, 2022

Among key hotel markets in the Middle East, Dubai’s gross operating profit per available room (GOPPAR) came in seven times higher Read More

Economy Featured News Regional

UAE launches new FDI initiative to attract 300 best companies

Global Business Magazine July 12, 2022

The UAE on Wednesday launched the second generation of foreign direct investment initiative (FDI) to attract 300 best companies specialized in future sectors Read More

Economy Featured News Regional

Saudi Arabia’s tourism to gain fastest growth in the Middle East

Global Business Magazine July 8, 2022

The UK-based World Travel & Tourism Council (WTTC) has said the Travel & Tourism sector in Saudi Arabia is expected to grow at an Read More

Economy Featured News Regional

In 2022, the UAE’s economy continues to be the most competitive in MENA!

Global Business Magazine July 8, 2022

The UAE continues to have the most competitive economy in the Middle East and North Africa (Mena) region, according to the IMD Read More

Economy Featured News Regional

Middle East economy poised for growth this year, says ICAEW

Global Business Magazine July 7, 2022

The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, has revealed a positive regional Read More

Economy Featured News Regional

The UAE President has outlined a clear course for accelerating the economy!

Global Business Magazine July 7, 2022

The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, is quoted as saying that they will do everything in their Read More

Economy Featured News Regional

UAE launches $2.67 billion Abu Dhabi industrial strategy

Global Business Magazine July 6, 2022

His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and head of the Abu Read More

Economy Featured News Regional World

The World Bank has warned that the global economy could face stagflation

Global Business Magazine July 5, 2022

The World Bank and the Organization for Economic Cooperation and Development (OECD) both slashed their estimates for economic growth, citing the ongoing Read More

Economy Featured News Regional

QIA Plans to invest surplus hydrocarbon revenues in various sectors

Global Business Magazine July 4, 2022

Benefited by the spurt in energy prices, the state-owned Qatar Investment Authority (QIA) to is planning to invest the surplus revenues in Read More

Economy Featured News Regional

Bahrain’s economy recovering, says its central bank

Global Business Magazine June 30, 2022

In an indication of economic recovery, the Central Bank of Bahrain (CBB) has said that loans and credit facilities rose 5.7% in Bahrain Read More