Category :Economy

Economy Featured News Regional

Fourteen PJSCs with a capital of $2.52 billion registered with SCA

Global Business Magazine June 28, 2022

The Securities and Commodities Authority (SCA) HAS revealed that 14 private joint stock companies (PJSCs) were registered with the Authority and listed in Read More

Economy Featured News Regional

UAE plans to offer Dual-Tranche USD bonds soon

Global Business Magazine June 24, 2022

The UAE’s Ministry of Finance on Thursday announced its plans to issue a dual-tranche US Dollar benchmark size bonds of $500 million Read More

Economy Featured News Regional

GCC to aid Middle East region’s economic growth in 2022

Global Business Magazine June 24, 2022

The six-member Gulf Cooperation Council (GCC) will be the mainstay for the Middle East region’s GDP growth which is forecast at 5.2% Read More

Economy Featured News Regional

Egypt facing worst financial crisis due to geopolitical tensions

Global Business Magazine June 21, 2022

Egypt is passing through one of its worst financial crisis, which is a fall-out of the ongoing war in Ukraine. Like in Read More

Economy Featured News Regional

Dubai 14th most expensive city globally for HNWIs, says report

Global Business Magazine June 21, 2022

Julius Baer, the Swedish private bank, has ranked Dubai as the 14th most expensive cities in the list of 15 cities for the Read More

Economy Featured News Regional

Dubai RTA’s revenues increase by 32% Y-o-Y in 2021

Global Business Magazine June 20, 2022

Mattar Al Tayer, Director General Dubai’s Roads and Transport Authority (RTA) on Sunday said that the Authority’s revenues through digital Read More

News Economy Regional

ADEX signs agreement with Jordan’s Capital Bank to open LoC

Global Business Magazine June 20, 2022

Abu Dhabi Exports Office (ADEX), an affiliate of the Abu Dhabi Fund for Development (ADFD) has signed an agreement with the Capital Read More

Economy Featured News Regional

In 2022, the UAE will continue to be the most competitive economy in Mena

Global Business Magazine June 16, 2022

The UAE remains the most competitive economy in the Middle East and North Africa (Mena) region 2022, according to the IMD World Competitiveness 2022 Read More

Economy Featured News World

UAE to witness largest influx of HNWIs in 2022

Global Business Magazine June 15, 2022

The UAE is expected to overtake the US by attracting the largest net inflows of millionaires globally in 2022, according to the latest Read More

Economy Featured News Regional

ADX records highest increase in trading value in May among Arab exchanges

Global Business Magazine June 14, 2022

The Abu Dhabi Securities Exchange (ADX), which crossed the landmark AED2 trillion ($545 billion) market capitalisation last week, recorded the highest increase in Read More