Category :Economy

Business Economy Featured Finance News Technology World

Bitcoin, ether scale new peaks as flows pour in to crypto

Global Business Magazine November 9, 2021

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum Read More

Business Economy Featured Finance News World

Saudi Q3 GDP growth at 6.8%, highest since 2012

Global Business Magazine November 9, 2021

Saudi Arabia's economy grew 6.8% in the third quarter from a year earlier, the fastest expansion since 2012, official data showed on Tuesday, as Read More

Business Economy Featured Finance News World

Abu Dhabi’s stock exchange submits SPAC framework proposal -statement

Global Business Magazine November 9, 2021

Abu Dhabi has proposed a regulatory framework to allow the listing of blank-cheque companies, potentially opening the door to a slew of Read More

Business Economy Featured News World

Demand for office space in Riyadh rises after HQ ultimatum

Global Business Magazine November 9, 2021

Demand for high-quality offices in Riyadh has increased after Saudi Arabia said foreign firms should move their regional headquarters there to be Read More

Business Economy Featured World

Oil spare capacity to diminish as jet demand returns, Aramco says

Global Business Magazine November 9, 2021

Global oil spare production capacity could diminish next year as air passengers return to the skies, removing an important cushion that the Read More

Business Economy Finance World

The New Masters: How auction houses are chasing crypto millions

Global Business Magazine November 9, 2021

Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that Read More

Banking Business Economy Finance News Technology World

Tesla’s stock has dropped following Elon Musk’s Twitter poll

Global Business Magazine November 9, 2021

Tesla shares fell nearly 4.9 % after Tesla CEO Elon Musk announced that he will sell 10% of his stock, valued at $20 billion, based on Read More

Business Economy Finance World

Abu Dhabi hits record as most markets rise; Qatar bucks trend

Global Business Magazine November 8, 2021

Most stock markets in the Gulf rose in early trade on Monday, with the Abu Dhabi index reaching an all-time high, while Read More

Business Economy Finance World

Asia stocks go guarded ahead of U.S. inflation test

Global Business Magazine November 8, 2021

Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced Read More

Business Economy World

Oil gains after U.S. infrastructure bill passes, Chinese exports rise

Global Business Magazine November 8, 2021

Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned Read More