Category :Regional

Finance Featured News Regional

UAE listed firms approve dividends worth $9.37 billion in 2021

Global Business Magazine June 27, 2022

The listed companies in the UAE bourses have approved payment of dividends to the tune of $9.37 billion, the Securities and Commodities Authority (Read More

Finance Featured News Regional

The Red Sea becomes hot favourite for investments by GCC SWFs

Global Business Magazine June 27, 2022

Two GCC sovereign wealth funds (SWFs) have announced investments worth billions of dollars into port and logistics infrastructure in Sudan and Saudi Read More

Energy Featured News Regional

UAE eyes LNG exports to meet global gas demand

Global Business Magazine June 27, 2022

With the European Union (EU) and the UK looking for alternate supplies for natural gas to reduce its reliance on Russian gas Read More

Finance Featured Regional

UAE attracted maximum FDI projects in Arab world between 2003-2021

Global Business Magazine June 24, 2022

The UAE has received 41% of foreign direct investment (FDI) coming to Arab countries between 2003 and 2021, according to the 37th annual report on Read More

Economy Featured News Regional

UAE plans to offer Dual-Tranche USD bonds soon

Global Business Magazine June 24, 2022

The UAE’s Ministry of Finance on Thursday announced its plans to issue a dual-tranche US Dollar benchmark size bonds of $500 million Read More

Technology Featured News Regional

Dubai’s proptech start-up Huspy Raise $37 million in series A round

Global Business Magazine June 24, 2022

Huspy, the Dubai-based proptech start-up, on Tuesday said that it has raised $37 million in its series A financing round led by Sequoia Read More

Economy Featured News Regional

GCC to aid Middle East region’s economic growth in 2022

Global Business Magazine June 24, 2022

The six-member Gulf Cooperation Council (GCC) will be the mainstay for the Middle East region’s GDP growth which is forecast at 5.2% Read More

Energy Featured News Regional

UAE joins Global Alliance for hydrogen and fuel cells

Global Business Magazine June 24, 2022

The UAE has joined International Partnership Initiative for Hydrogen and Fuel Cells in the Economy (IPHE) in its plans to reduce carbon Read More

Featured News Regional

2.4 million passengers expected to pass through Dubai airport from June 24 to July 4

Global Business Magazine June 23, 2022

As many as 2.4 million passengers are expected to pass through Dubai International Airport (DXB) between June 24 and July 4, with average daily traffic Read More

Business Featured News Regional

Imdaad and LMD Group set up JV in Egypt

Global Business Magazine June 23, 2022

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services, has joined hands with Egyptian real estate company LMD Read More