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Category :Finance

Saudi Arabia opens up, receives over $4 billion in investments

Global Business Magazine June 20, 2022

Saudi Arabia, which was once conservative country, has opened up as investors are flocking to the Kingdom in the last couple of Read More

Finance Featured News Regional

TECOM Group announces price range of its shares

Global Business Magazine June 17, 2022

TECOM Group, a subsidiary of Dubai Holding, on Thursday announced the price range of the offering share and the start of the Read More

Finance Featured News Regional

Borouge joins FTSE russell’s global stock index

Global Business Magazine June 15, 2022

Borouge plc, the leading petrochemical company which provides innovative and diversified polyolefin solutions and listed on the Abu Dhabi Securities Exchange (ADX) Read More

Finance News Regional World

Most Gulf bourses slip in early trade; Dubai gains

Global Business Magazine June 14, 2022

Most major stock markets in the Gulf fell in early trade on Tuesday, after Wall Street hit a confirmed bear market milestone Read More

Finance News World

Morning Bid: Shockwaves, say no more

Global Business Magazine June 14, 2022

Central banks' challenge -- hiking interest rates to contain soaring inflation without wrecking their economies -- has just got harder.Read More

Finance Featured News Regional

The second auction of government treasury bonds is announced by the ministry of finance

Global Business Magazine June 13, 2022

The Ministry of Finance (MoF) of UAE on Saturday announced that the second auction of federal treasury bonds (T-Bonds) will be held Read More

Finance Featured News Regional

Abu Dhabi exchange best performing market in GCC in May

Global Business Magazine June 13, 2022

The FTSE Abu Dhabi Securities Exchange (ADX) index was the best performing market in the GCC during May 2022 despite registering a 0.3% monthly Read More

Finance Featured News Regional

GCC-listed companies register record profits in Q1 of 2022

Global Business Magazine June 13, 2022

Listed companies on the GCC bourses had an impressive run in terms of growth in profits during the first quarter of 2022 except Read More

Finance Featured News Regional

FDI flows into UAE rise 5% to $20 billion in 2021

Global Business Magazine June 10, 2022

Foreign direct investment flows into the UAE increased 5% or $1 billion to $21 billion IN 2021 as the Emirate maintained its ranking among the world’Read More

Finance Featured News Regional

ADX market capitalization crosses AED 2 trillion

Global Business Magazine June 9, 2022

For the first time in its history, the market capitalization of Abu Dhabi Securities Exchange (ADX) has crossed AED2 trillion ($545 billion) on Read More