Category :Featured

Technology Featured News Regional

ICT Spending In META Forecast To Be $229 Billion In 2022

Global Business Magazine February 10, 2022

Overall spending on information and communications technology (ICT) across the Middle East, Turkey, and Africa (META) will top $229 billion this year, an Read More

Insurance Featured News Regional

GCC Insurance Industry Poised To Grow In Post-Pandemic Era

Global Business Magazine February 10, 2022

Overcoming the hurdles caused by COVID-19 pandemic, the GCC Insurance market is set to grow at the rate of 3.2% from $26.5 billion in 2021 Read More

Business Featured News Regional

Abu Dhabi’s SWF ‘Mubadala’ Concludes High Profile Deals in 2021

Global Business Magazine February 10, 2022

Mubadala Investment Company, the Abu Dhabi-based sovereign wealth fund managing prized assets valued at US $243 billion globally, continued to expand its global Read More

Banking Featured News Regional

First Abu Dhabi Bank Evinces Interest To Acquire EFG Hermes

Global Business Magazine February 10, 2022

The price of Egyptian Financial Services institution EFG Hermes Holding S.A.E. shares rose by 15.95% after an offer from First Abu Read More

Business Breaking News Featured Regional

AD Ports’ Share Price Jump 17% As It Commence Trading on Abu Dhabi Stock Exchange

Global Business Magazine February 8, 2022

Abu Dhabi (AD) Ports, which was listed yesterday (7 February 2022) started trading on Tuesday under the ticker symbol (ADPORTS) and its share price Read More

Finance Featured News Regional

UAE Marches Ahead To Become Cashless Economy By 2025

Global Business Magazine February 7, 2022

The UAE is moving ahead in achieving the goal of becoming a cashless economy by 2025 and has unveiled the National Payments Systems 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

Business Featured

Dubai’s Leisure Industry Regain Momentum As 7.28 Million Tourists Arrive In 2021

Global Business Magazine February 4, 2022

Leisure industry staged a comeback in Dubai thanks to the proactive measures taken by the government in 2021.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