Category :Finance

Energy Business Economy Finance World

Analysis: When it comes to oil, the global economy is still hooked

Global Business Magazine March 25, 2022

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine Read More

Economy Finance Regional

Four weeks of war scar Russia’s economy

Global Business Magazine March 25, 2022

Russia's invasion of Ukraine on Feb. 24 sparked sweeping sanctions that ripped the country out of the global financial fabric and sent its Read More

Business Finance News Regional

Generali’s rival plan targets higher growth, bigger M&A

Global Business Magazine March 25, 2022

The challengers to Generali's (GASI.MI) current management and business strategy pledged to grow earnings by double-digits while targeting "fewer but larger" Read More

Business Energy Finance News

DEWA Shares’ Subscription Begins Today

Global Business Magazine March 24, 2022

The subscription period for individual and institutional investors begins for 3.52 billion shares, equivalent to 6.5% of the shares of the Dubai Electricity and 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 Finance News

LME says it has no current plans to ban Russian metal from its system

Global Business Magazine March 23, 2022

The London Metal Exchange has no current plans to ban from its system metal from Russian producers, such as nickel and copper Read More

Finance Business Regional

Credit Agricole suspends services in Russia as banks retreat

Global Business Magazine March 23, 2022

France's Credit Agricole (CAGR.PA) said on Tuesday it had suspended all services in Russia, joining a retreat by other international banks Read More

Energy Business Finance World

Oil rises in volatile trade amid CPC pipeline disruption

Global Business Magazine March 23, 2022

Oil prices rose in volatile trading on Wednesday, supported by disruption of Russian and Kazakh crude exports via the CPC pipeline.Read More

Business Finance News World

Explainer: Can companies leaving Russia recoup losses through insurance?

Global Business Magazine March 23, 2022

March 23 (Reuters) – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy Read More