Category :News

Finance Featured News Regional

Saudi Arabia’s TASI closes at 12,674 points, the highest since July 2006

Global Business Magazine March 2, 2022

The Tadawul All Share Index (TASI), Saudi Arabia’s main stock market indicator, increased by 0.67%, or 84 points, to reach 12,674 on Tuesday, rising Read More

Business Featured News Regional

Logistics Management Platform Provider Shipsy raises $25 million in a Series B round

Global Business Magazine March 2, 2022

Shipsy, a leading SaaS-based smart logistics management platform provider, has raised $25 million in a Series B round co-led by A91 Partners and Read More

Banking Featured News Regional

Qatar National Bank Ranked No 1 In Middle East During 2021

Global Business Magazine March 2, 2022

Doha-based Qatar National Bank (QNB) has topped the list in the Middle East rankings for third successive year in The Banker’s Read More

Energy Featured News Regional

Emirates Global Aluminium Earns Record Profits in 2021

Global Business Magazine March 2, 2022

Emirates Global Aluminium, the world’s largest premium aluminium producer and the biggest industrial company in the UAE outside oil and gas, Read More

Banking News World

EXCLUSIVE UAE’s Mashreqbank halts Russian bank loans over credit concerns -sources

Global Business Magazine March 2, 2022

Dubai's Mashreqbank (MASB.DU) has stopped lending to Russian banks and is reviewing its existing exposure to the country as a result Read More

Finance News World

Morning Bid: A turning point for markets

Global Business Magazine March 2, 2022

When the yield on Germany's benchmark Bund, considered one of thea safest assets in the world, posts its biggest one-day fall since 2011 (Read More

Business News World

Apple stops product sales in Russia, adding to pressure from shippers, car makers

Global Business Magazine March 2, 2022

American big brands including Apple, Google, Ford and Harley-Davidson on Tuesday stopped sales and distanced themselves from Russia because of the invasion Read More

Finance News World

Russia bans payments to foreigners holding rouble bonds, shares

Global Business Magazine March 2, 2022

Foreign investors are effectively stuck with their holdings of Russian stocks and rouble-denominated bonds after the central bank put a temporary halt Read More

Energy News Oil & Gas World

Russian oil trade in disarray over sanctions as prices blast through $100/bbl

Global Business Magazine March 2, 2022

Russian oil trade was in disarray on Tuesday as producers postponed sales, importers rejected Russian ships and buyers worldwide searched elsewhere for Read More

Banking News World

Canada’s Scotiabank, BMO join rivals in beating profit expectations

Global Business Magazine March 2, 2022

Bank of Nova Scotia (Scotiabank) (BNS.TO) and Bank of Montreal (BMO) joined their Canadian rivals in beating analysts' expectations for first-quarter Read More