Category :Economy

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

Economy Featured Oil & Gas Regional

UAE’s IPOs raise $11.90 billion during last 12 months

Global Business Magazine June 13, 2022

The UAE’s stock markets have witnessed as many as seven Initial Public Offerings (IPOs) in the last 12 months and they have Read More

Economy Featured News Regional

Dubai plans to offer 12.5% stake in TECOM Group IPO

Global Business Magazine June 13, 2022

TECOM Group, a subsidiary of the government-owned Dubai Holding, is planning an initial public offering by offering 625 million shares, which is equivalent Read More

Economy Featured News Regional

The economies of the Gulf Cooperation Council will grow by 5.9 % in 2022

Global Business Magazine June 9, 2022

According to the new report by the World Bank, the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% Read More

Economy Featured News Regional

In 2021, Dubai’s creative economy is ranked first in FDI attraction

Global Business Magazine June 9, 2022

Dubai, as a global cultural hub, investment destination, and flourishing economy, pulled in Dh4.9 billion in foreign direct investment in 2021 to rank Read More

Economy Featured News Regional

The UAE central bank forecasts real GDP growth of 4.2 % in 2023

Global Business Magazine June 9, 2022

The Central Bank of the UAE released its annual report for 2021 in the middle of this month, stating that GDP growth in 2021 Read More

Economy Featured News Regional

UAE economy set for robust growth

Global Business Magazine June 8, 2022

The UAE’s economy is set for a robust growth of 5.3% on average over 2022-23 compared with 3.8% in 2021, due to rising oil Read More

Economy Featured News Regional

GCC economies set to grow by 5.9% in 2022

Global Business Magazine June 7, 2022

The economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in Read More

Economy Featured News Regional

QIA to invest $5 billion into the Spanish economy

Global Business Magazine June 7, 2022

Following the UAE SWF Mubadala, the Qatar Investment Authority (QIA) will invest $5 billion into the Spanish economy.Read More