Category :Economy

Economy Featured News Regional

Jafza breaks ground on new logistics park

Global Business Magazine May 5, 2022

Work on the first phase of Jafza Logistics Park in Jebel Ali Free Zone (JAFZA), the DP World’s trade and logistics Read More

Economy Featured News Regional

The visa reforms are expected to benefit FDI and the economy!

Global Business Magazine May 3, 2022

On Monday 18 April the UAE announced an expansion to its visa and residency system. The Cabinet approved regulations for UAE long-term visas Read More

Economy Featured News Regional

GCC countries help Egypt in recovery of its Economy

Global Business Magazine April 29, 2022

The GCC countries including Qatar have extended all support to Egypt whose economy was impacted by COVID-19 in the last two years Read More

Economy Featured News Regional

Russia-Ukraine war impacts GCC economies, says IMF

Global Business Magazine April 26, 2022

The ongoing Russia-Ukraine conflict has taken a toll on growth of economies of the GCC countries, according to the International Monetary Fund (Read More

Economy Featured News Regional

ADNEC contributes $250 million to Abu Dhabi’s Economy in 2021

Global Business Magazine April 26, 2022

Abu Dhabi National Exhibitions Company (ADNEC) group, a subsidiary of the Abu Dhabi-based Holding Company ADQ, has directly and indirectly contributed $250 million Read More

Economy Featured News Regional

The United Arab Emirates announced a new strategy for developing the world’s most vibrant economy!

Global Business Magazine April 25, 2022

The UAE government organised the meetings, which were attended by 70 ministers and senior officials from over 40 federal government entities.Read More

Economy News World

EXCLUSIVE Germany to hike 2022 inflation forecast to 6.1% – document

Global Business Magazine April 25, 2022

The German government is set to hike its inflation forecast for this year to 6.1% due to the impact of the war in Read More

Economy Featured News Regional

Arab economies to grow by 5% this year

Global Business Magazine April 21, 2022

Arab economies are expected to grow by 5% in 2022, supported by the increase in oil production and its prices in international markets and Read More

News Economy Featured Regional

In the year 2021, Abu Dhabi introduced 80 new economic activities

Global Business Magazine April 21, 2022

Last year, the Abu Dhabi Business Centre (ADBC), which is part of the Department of Economic Development (ADDED), announced an additional 80 economic Read More

Economy News World

Explainer: Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss

Global Business Magazine April 18, 2022

Sri Lanka's worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with Read More