Category :News

Banking News World

RBNZ to raise rates by 25 bps on April 13, some call for 50: Reuters poll

Global Business Magazine April 8, 2022

New Zealand's central bank will opt for a modest 25 basis point interest rate rise on April 13, but is set to raise by Read More

Energy News World

IEA details plan to release 120 mln barrels of oil over 6 months to cool prices

Global Business Magazine April 8, 2022

The International Energy Agency (IEA) has listed members' contributions to a 120-million-barrel release of crude and oil products from emergency stockpiles aimed Read More

Business Featured News Regional World

Gold prices are falling as speculators anticipate higher US interest rate hikes

Global Business Magazine April 6, 2022

On Tuesday, Gold prices dropped as the dollar stayed strong on rising prospects of more Russian sanctions, and bigger interest-rate hikes by Read More

Business Featured News Regional

Dubai signs MoU with Singapore to improve public transportation

Global Business Magazine April 6, 2022

In order to further develop its public transportation, Dubai has sought help from Singapore to improve the system.Read More

Finance Featured News Real Estate

GCC countries can look at Green Finance to unlock $2 trillion by 2030

Global Business Magazine April 5, 2022

As countries across the world have pledged to achieve net zero emissions between 2050 and 2070, green finance is emerging as an alternate option Read More

Business Featured News Regional

UAE xxtends $2 billion loan repayment deadline for Pakistan

Global Business Magazine April 5, 2022

The United Arab Emirates (UAE) has rolled over $2 billion debt for one year for Pakistan after the latter’s central bank called Read More

Finance Featured News Regional

Market value of Saudi Arabia’s Tadawul reached $3.19 trillion by end of Q1 of 2022

Global Business Magazine April 5, 2022

The market capitalization of Saudi Arabia’s Tadawul All Share Index (TASI) at the end of Q1 of 2022 has reached $3.19 trillion, increasing Read More

Finance Featured News Regional

More family-owned businesses plan IPOs on Abu Dhabi securities exchange

Global Business Magazine April 5, 2022

Heeding to the call of the government, FAM Holding, a family-owned business in the UAE engaged in real estate, has announced its Read More

Energy News World

Oil extends rally on prospect of more Russia sanctions

Global Business Magazine April 5, 2022

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war crimes in Read More

Business Featured News Regional

Expo 2020 Dubai gives fillip to local businesses

Global Business Magazine April 5, 2022

Over 76% of companies in Dubai has their businesses boosted during the recently-concluded Expo2020Dubai and another 73.5% have entered into new partnerships, according Read More