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Category :Regional

FDIs into UAE increase by 3.9% in 2021

Global Business Magazine April 11, 2022

The Foreign Direct Investment (FDI) into the UAE stood at $20.7 billion registering a growth of 3.9% in 2021 compared with the previous year. With Read More

Economy Featured News Regional

US$2 trillion in 2021was spent worldwide, set to hit US$ 2.8 trillion by 2025

Global Business Magazine April 11, 2022

Worldwide consumer spending in global Islamic Economy sectors was recovered to US$2 trillion in 2021 which was spent across the food, pharmaceutical, and Read More

Finance Featured News Regional

GCC markets likely to attract $1 billion as Russia is removed from MSCI index

Global Business Magazine April 8, 2022

The exclusion of Russia from MSCI’s Emerging Market Index is expected to attract additional passive flows to the tune of $1 billion Read More

Business Featured News Regional

UAE needs $671 billion for transition to climate neutrality

Global Business Magazine April 8, 2022

The UAE needs at least $671 billion for transition to climate neutrality, and it is well positioned to benefit from the main economic Read More

Business Featured News Regional

Abu Dhabi’s non-oil real GDP expands by 4.1% in 2021

Global Business Magazine April 8, 2022

Abu Dhabi's non-oil real GDP registered a growth of 4.1% in 2021, according to the Statistics Centre of Abu Dhabi (SCAD) data.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

Finance Featured Regional

DEWA recently announced an increase in the size of IPO to 17%

Global Business Magazine April 6, 2022

On Tuesday, DEWA, Dubai Electricity & Water Authority, decided to increase the number of shares offered in its initial public offering (IPO) from 6.5 Read More