Category :Economy

Business Economy News Regional

Gulf economies to grow faster in 2022, oil price fall biggest threat

Global Business Magazine January 24, 2022

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll Read More

Business COVID-19 Economy News Omicron World

Euro zone recovery stumbled in Jan as Omicron hit services -PMI

Global Business Magazine January 24, 2022

The euro zone economic recovery weakened this month, despite an upturn in Germany where factories benefited from an easing in supply chain Read More

Banking Economy News World

Deutsche Bank expected to break profit run in fourth quarter

Global Business Magazine January 24, 2022

Deutsche Bank (DBKGn.DE) is expected to swing to a net loss when it reports fourth-quarter earnings on Thursday amid a slowdown Read More

Finance Economy News World

Morning Bid: Bears at the gate

Global Business Magazine January 24, 2022

With a 14% fall from its November peak, not only is the Nasdaq deep in correction territory, it is also now within striking Read More

Business Economy News Regional

UAE regulator approves Gulf’s first SPAC framework

Global Business Magazine January 24, 2022

The United Arab Emirates' Securities and Commodities Authority (SCA) has approved a regulatory framework for special purpose acquisition companies (SPACs), the first Read More

Business Economy News World

Hong Kong’s financial sector faces talent crunch as expats head for the exit

Global Business Magazine January 24, 2022

Late last year, Tania Sibree quit her well-paid job as a financial services lawyer in Hong Kong and returned to Australia rather Read More

Finance Economy News World

Ukraine tensions lift dollar, yuan holds firm

Global Business Magazine January 24, 2022

The dollar inched higher on Monday, moving further off its recent two-month lows, lifted by the tension between Russia and the West Read More

Banking Economy Featured

Sharjah Islamic Bank’s Net Profits Increase By 26.7% in 2021

Global Business Magazine January 24, 2022

Sharjah Islamic Bank announced an increase in its net profit.Read More

Oil & Gas Economy Featured

OPEC+, IEA Forecast Robust Growth In Demand For Oil In 2022

Global Business Magazine January 24, 2022

The Organisation of Petroleum Exporting Countries (OPEC) and non-members of the group expects the demand for oil to continue this year despite Read More

Business Economy News World

Analysis: A handbook of (mostly failed) radical inflation-fighting efforts

Global Business Magazine January 21, 2022

More governments are seeking ways to prevent surging inflation whipping up economic trouble - and even public unrest - without raising interest Read More