Category :Economy

Economy News World

The war between Russia and Ukraine is causing problems for company owners!

Global Business Magazine February 16, 2022

Ukraine needs external economic support to sustain its economy, and particularly to help small and medium-sized businesses now that Russia can invade Read More

Business Economy News Regional

UAE, Indonesia say trade deal could be signed next month

Global Business Magazine February 14, 2022

The United Arab Emirates and Indonesia are close to finalising a trade and investment deal after months of negotiations and could sign Read More

Business Economy News Regional

Apollo to invest $1.4 bln in Abu Dhabi developer Aldar

Global Business Magazine February 14, 2022

Apollo Global Management (APO.N) will invest $1.4 billion in Abu Dhabi developer Aldar Properties (ALDAR.AD), including a land joint venture and Read More

Business Economy News World

UK employers plan biggest pay rises in nearly 10 years – CIPD

Global Business Magazine February 14, 2022

British employers expect to raise staff pay by the most in at least nine years but the 3% wage deals for workers would Read More

Economy Energy Featured Regional

ESG-Labelled Bonds May Reach $4.5 Trillion Due To Climate Change Threat

Global Business Magazine February 7, 2022

Issuance of global ESG-labelled bonds could reach $4.5 trillion per year by 2025, according to new research report by Pictet Asset Management and the Read More

Economy Featured Regional

Abu Dhabi Ports to Get Listed on ADX Next Week

Global Business Magazine February 4, 2022

Abu Dhabi Ports Group, one of the major companies owned by state-owned Sovereign Wealth Fund ADQ, will get listed on Abu Dhabi Read More

Energy Economy Featured Oil & Gas

Dubai’s Hassyan Coal-fired Power Plant To Convert To natural Gas Based Project

Global Business Magazine February 3, 2022

Moving further ahead to realise Dubai’s carbon neutrality strategy 2050, the Dubai Electricity and Water Authority (DEWA) decided to convert the 2,400 MW Read More

Business Economy Featured

Gold sales soar in UAE During 2021

Global Business Magazine February 3, 2022

The precious yellow metal has not lost its sheen as people’s appetite for gold remained insatiable if its sales in 20221 are Read More

Business Economy News Oil & Gas

Oil prices take a breather, OPEC+ sticks to output plans

Global Business Magazine February 3, 2022

Oil prices eased on Thursday following weak U.S. payrolls data and some profit-taking, but remained underpinned by tight supply as OPEC+ Read More

Business Economy News Oil & Gas Regional

Saudi non-oil private sector January growth slows amid Omicron surge – PMI

Global Business Magazine February 3, 2022

Growth in Saudi Arabia's non-oil private economy slipped again in January, falling to its slowest expansion rate since September amid a sharp Read More