Category :News

Banking News World

Euroclear joins bank-backed blockchain payment system

Global Business Magazine March 21, 2022

Securities settlement house Euroclear said on Monday it had joined a consortium of banks building a payment system for tokenised assets in Read More

Business Featured News Regional

Trade volume between Qatar and Germany jumps 76% in 2021

Global Business Magazine March 21, 2022

The trade volume between Qatar and Germany has crossed $3 billion in 2021, a surge of 76% compared with $1.7 billion the previous year. This growth Read More

Business Featured News Regional

Hatta land port linking UAE and Oman opened

Global Business Magazine March 21, 2022

The Royal Oman Police (ROP) has announced the opening of Hatta land port that connect between Oman and UAE at the new Read More

Economy Featured News Regional

Bahrain happiest country and UAE follows in the GCC region

Global Business Magazine March 21, 2022

Four of the six countries in the Gulf Cooperation Council (GCC) have been ranked among the happiest countries in the world, according Read More

Business Featured News Regional

GCC companies raise close to $8 Billion Sukuk in 2021

Global Business Magazine March 21, 2022

Several companies in the GCC region have raised sukuk to meet their funding needs at low interest rates in 2021, according to a Read More

Technology Featured News Regional

EMEA to see increasing Investment in DeFi in 2022, says KPMG

Global Business Magazine March 21, 2022

In its latest Pulse of Fintech report, KPMG said investment in fintech companies in Europe, Middle East and Africa (EMEA) touched $77.4 billion Read More

Finance News Regional

Gulf bourses mixed, Aramco gains on 2021 profit boost

Global Business Magazine March 21, 2022

Major Gulf bourses were mixed in trading on Monday, with Saudi Arabia's benchmark index (.TASI) rising a day after oil giant Saudi Read More

Energy News Oil & Gas World

Shares ease as Ukraine fighting rages on, oil climbs

Global Business Magazine March 21, 2022

Stock markets around the world slipped on Monday as fighting in Ukraine raged on with no sign of a ceasefire even as Read More

Business Featured News Regional

UAE government introduces new SME initiatives for Emirati entrepreneurs

Global Business Magazine March 18, 2022

On Wednesday, Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs announced new initiatives aimed as part of the three Read More

Technology Featured News Regional

UAE is determined to replace traditional industrial ideas with new technologies

Global Business Magazine March 18, 2022

The United Arab Emirates (UAE) has planned to enhance the industrial output and steady economic growth by changing conventional ideas of the Read More