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Category :Regional

DP World posts 9.4% rise in 2021 container volumes

Global Business Magazine February 7, 2022

Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes, though growth rates moderated in the fourth quarter which the Read More

Banking News Regional

Dubai Islamic Bank hires banks for five-year sukuk sale – document

Global Business Magazine February 7, 2022

Dubai Islamic Bank (DISB.DU), the United Arab Emirates' largest Islamic lender, has hired banks to arrange a sale of five-year U.Read More

Finance Featured News Regional

UAE Marches Ahead To Become Cashless Economy By 2025

Global Business Magazine February 7, 2022

The UAE is moving ahead in achieving the goal of becoming a cashless economy by 2025 and has unveiled the National Payments Systems Read More

Economy Energy Featured Regional

ESG-Labelled Bonds May Reach $4.5 Trillion Due To Climate Change Threat

Global Business Magazine February 7, 2022

Issuance of global ESG-labelled bonds could reach $4.5 trillion per year by 2025, according to new research report by Pictet Asset Management and the Read More

Economy Featured Regional

Abu Dhabi Ports to Get Listed on ADX Next Week

Global Business Magazine February 4, 2022

Abu Dhabi Ports Group, one of the major companies owned by state-owned Sovereign Wealth Fund ADQ, will get listed on Abu Dhabi Read More

Finance News Regional

Major Gulf bourses mixed in early trade

Global Business Magazine February 3, 2022

Major stock markets in the Gulf were mixed in early trade on Thursday, with the Dubai index falling the most after the Read More

Business Economy News Oil & Gas Regional

Saudi non-oil private sector January growth slows amid Omicron surge – PMI

Global Business Magazine February 3, 2022

Growth in Saudi Arabia's non-oil private economy slipped again in January, falling to its slowest expansion rate since September amid a sharp Read More