Category :Featured

Economy Featured News Regional

Umm Al Quwain unveils its Blue Economy Strategy for the Upcoming Years

Global Business Magazine March 30, 2022

On Tuesday, Umm Al Quwain launched the 'Blue Economy' at the World Government Summit in Dubai.Read More

Finance Featured Regional

Salama announces a net profit of Dh48.17 million for the year 2021

Global Business Magazine March 30, 2022

On Tuesday, SHUAA Capital PSC, the region’s leading asset management and investment banking platform shared a full-year profit of Dh24 million Read More

Banking Featured News Regional

Political impasse in Lebanon, accounting regulations wreak havoc on the financials of the Bank of Sharjah

Global Business Magazine March 29, 2022

Due to a political impasse, currency volatility, and a new accounting regulation imposed on its Lebanese affiliate Emirates Lebanon Bank (EL Bank), Read More

Business Featured News Regional

Global investors looking at four GCC countries to invest in 2022

Global Business Magazine March 24, 2022

The United Nations Conference on Trade and Development’s (UNCTAD) Investment Trends Monitor, confirmed that the global foreign direct investment (FDI) flows Read More

Energy Business Featured

The Netherlands and the United Arab Emirates are teaming up to increase hydrogen use

Global Business Magazine March 24, 2022

Hydrogen is an important part of the future energy system. Hydrogen makes it possible to further reduce CO2 emissions, especially in industrial Read More

Featured News Regional World

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

Featured News Regional

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