Category :News

Finance News World

Russian rouble firms past 74 vs dollar, stocks slip to near 2-month low

Global Business Magazine April 25, 2022

The Russian rouble opened stronger on Monday, firming past 74 against the dollar, helped by tax payments that companies are due to make Read More

Business News World

EXCLUSIVE ECB policymakers keen for quick end to bond buys, early rate hike -sources

Global Business Magazine April 25, 2022

European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as Read More

Business Featured News World

Deliveroo, a food delivery service, is also taking part in the UAE’s “1 Billion Meals” program

Global Business Magazine April 25, 2022

On Sunday, Food delivery company Deliveroo announced its contribution to UAE’s ‘1 Billion Meals’ initiative, the largest of its kind in the Read More

Banking News World

Credit Suisse poised to revamp senior management, NZZ am Sonntag reports

Global Business Magazine April 25, 2022

Loss-making Credit Suisse (CSGN.S) could shake up senior management as new Chairman Axel Lehmann seeks to put the embattled Swiss bank Read More

Technology News Regional World

Abu Dhabi licences Kraken to operate crypto exchange

Global Business Magazine April 25, 2022

Abu Dhabi Global Market (ADGM) said on Monday it has licenced the Kraken group to operate a regulated virtual asset exchange platform Read More

Business News Regional World

Saudi Arabia aiming for tenfold increase in air transit traffic by 2030

Global Business Magazine April 25, 2022

Saudi Arabia is targeting a tenfold increase in international airline passengers transiting the kingdom by the end of the decade as it Read More

Energy News Regional World

Abu Dhabi crude to head to Europe, replace Russian oil – sources

Global Business Magazine April 25, 2022

A shipping unit of France's TotalEnergies (TTEF.PA) has provisionally chartered a tanker to load Abu Dhabi crude in early May for Read More

Economy Featured News Regional

Arab economies to grow by 5% this year

Global Business Magazine April 21, 2022

Arab economies are expected to grow by 5% in 2022, supported by the increase in oil production and its prices in international markets and Read More

Business Featured News Regional

UAE’s hospitality sector performs strongly in Q1 of 2022

Global Business Magazine April 21, 2022

The Expo2020 and return of international visitors are cited as some of the reasons for the strong performance of the UAE’s Read More

News Economy Featured Regional

In the year 2021, Abu Dhabi introduced 80 new economic activities

Global Business Magazine April 21, 2022

Last year, the Abu Dhabi Business Centre (ADBC), which is part of the Department of Economic Development (ADDED), announced an additional 80 economic Read More