Category :Finance

Finance Featured News Regional

DGCX witnesses hectic activity, registers $12.3 billion trade in April

Global Business Magazine May 17, 2022

Significant geo-political events, rising oil prices and inflation, as well as anticipated hikes in interest rates continued to drive the trading activity Read More

Finance Featured News Regional

UAE’s GDP to grow by 3.3% in 2023

Global Business Magazine May 12, 2022

The Central Bank of the UAE (CBUAE) expects the country's total GDP to grow by 3.3% in 2023. The Central Bank also estimated the Read More

Finance News World

Explainer: Does the cryptocurrency crash pose a threat to the financial system?

Global Business Magazine May 11, 2022

On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value Read More

Finance Featured News Regional

e&, a UAE telecom company, announced an increase in net profit for the first quarter of 2022

Global Business Magazine April 29, 2022

UAE’S e&, formerly known as Etisalat Group, announced its financial results for Q1 2022. It reported a net profit of AED2.4 billion ($653.5 Read More

News Featured Finance Regional

UAE’s financial services sector ranked best globally

Global Business Magazine April 28, 2022

The UAE’s financial services sector has been rated as top in the world for showing high levels of confidence among 15 global Read More

Finance News World

Morning Bid: The weak currency gang

Global Business Magazine April 28, 2022

The weak-currency gang is growing in force.Read More

Finance News Regional

Most Gulf bourses rises as oil prices steady

Global Business Magazine April 26, 2022

Most stock markets in the Gulf rose in early trade on Tuesday, as crude prices bounced back after a sharp drop in Read More

Finance News World

Orange’s quarterly sales boosted by Africa and Middle East

Global Business Magazine April 26, 2022

Orange (ORAN.PA), France's biggest telecoms operator, said high growth in its Africa and Middle East operations offset declines in revenue in Read More

Finance News World

Futures extend selloff after rough week

Global Business Magazine April 25, 2022

U.S. stock index futures fell on Monday, signaling a fresh round of selloff on Wall Street as fears over China's COVID-19 Read More

Finance Featured News Regional

Shares of GFH will be cross-listed on the Abu Dhabi Securities Exchange (ADX)

Global Business Magazine April 25, 2022

On Sunday, GFH Financial Group, previously known as Gulf Finance House, an Islamic investment bank based in Bahrain, plans to cross-list its Read More