Category :Economy

Economy Featured News Regional

Saudi Arabia exploring new regions to promote its International Economic Cooperation

Global Business Magazine July 19, 2022

Saudi Arabia is leaving no stone unturned in its efforts to move away from its dependence on the oil revenues and the Read More

Economy Featured News Regional

UAE economy achieves remarkable growth in H1 of 2022

Global Business Magazine July 18, 2022

The UAE economy has achieved remarkable growth in many economic sectors during the first half of 2022, most notably in the tourism and Read More

Economy Featured News Regional

In the first quarter of this year, Dubai’s GDP increased by 59 %!

Global Business Magazine July 15, 2022

The emirate's GDP increased 5.9% to AED 102 billion ($27.8 billion) in Q1 2022, according to Sheikh Hamdan bin Mohammed bin Rashid Al 0, Crown Prince and Read More

Economy Featured News Regional

UAE start-ups raise 86% of funds raised in MENA in June

Global Business Magazine July 14, 2022

Start-ups in the Middle East and North Africa region (MENA) raised $323.7 million across 66 deals in June 2022, an 84% increase in value and 57% in Read More

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