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Category :Economy

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

Economy Featured News Regional

GCC benefits due to Russia-Ukraine conflict

Global Business Magazine June 6, 2022

The Russian invasion of Ukraine has opened new trade opportunities and partnerships for the GCC countries with the European Union (EU) and Read More

Economy Featured News Regional

55 % increase in membership in April 2022

Global Business Magazine June 2, 2022

Dubai Chamber of Commerce, a non-profit public organization, disclosed that its membership was boosted by 55.4% in April 2022, meanwhile, member exports and re-exports Read More

Economy Featured News Regional

The UAE’s real GDP is expected to grow at a faster rate of 5.4 % in 2022, according to the

Global Business Magazine June 1, 2022

On Monday, the United Arab Emirates’ central bank said in its annual report that the UAE’s real GDP grew by 3.8 percent Read More

Economy Featured News Regional

UAE, Israel sign second comprehensive Economic partnership agreement

Global Business Magazine June 1, 2022

The UAE-Israel Comprehensive Economic Partnership Agreement (UAE-Israel Cepa), which was signed on Tuesday, is expected to push bilateral trade to more than $10 Read More