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Category :Featured

ADFD accords top priority for Water projects in 18 countries

Global Business Magazine March 24, 2022

The Abu Dhabi Fund for Development (ADFD) has earmarked $545 million for water projects among others being executed in 18 countries. The emphasis on Read More

New efforts to support the development of young children in Abu Dhabi

Global Business Magazine March 24, 2022

Abu Dhabi is now prepared to invest in a holistic approach to early childhood development to strengthen its global reputation as a Read More

Banking Business Featured Finance

UAE Central Bank rates are increased followed by U.S Federal Reserve

Global Business Magazine March 24, 2022

The Central Bank of the UAE (CBUAE) has decided to raise interest rates by a quarter percentage point, effective from Thursday,17 March 2022. Read More

Energy Featured Finance News

UAE’s power sector burns less hydrocarbons in meeting power demand in 2021

Global Business Magazine March 24, 2022

Marching ahead to meet its goal of net zero emissions by 2050, the UAE’s power sector has burnt less hydrocarbons to meet Read More

Business Featured News World

Some 19 IPOs are expected on Saudi bourse Tadawul by end of March

Global Business Magazine March 24, 2022

Saudi Arabia’s Stock Exchange (Tadawul) is to witness as many as 19 Initial Public Offerings (IPOs) by various companies by end of Read More

Business Featured News Regional

Trade volume between Qatar and Germany jumps 76% in 2021

Global Business Magazine March 21, 2022

The trade volume between Qatar and Germany has crossed $3 billion in 2021, a surge of 76% compared with $1.7 billion the previous year. This growth Read More

Business Featured News Regional

Hatta land port linking UAE and Oman opened

Global Business Magazine March 21, 2022

The Royal Oman Police (ROP) has announced the opening of Hatta land port that connect between Oman and UAE at the new Read More

Economy Featured News Regional

Bahrain happiest country and UAE follows in the GCC region

Global Business Magazine March 21, 2022

Four of the six countries in the Gulf Cooperation Council (GCC) have been ranked among the happiest countries in the world, according Read More

Featured

Saudi Aramco looking at China and India for joint ventures

Global Business Magazine March 21, 2022

Saudi Aramco, the world’s largest oil companies in the world, is exploring various opportunities with China’s state-owned Sinopec and holding Read More

Business Featured News Regional

GCC companies raise close to $8 Billion Sukuk in 2021

Global Business Magazine March 21, 2022

Several companies in the GCC region have raised sukuk to meet their funding needs at low interest rates in 2021, according to a Read More