covid-19 - Global Business Magazine

Over 25,000 new licences issued in Abu Dhabi in 2021, says report

Global Business Magazine April 12, 2022

Abu Dhabi has witnessed the issuance of 25,427 new licenses, an increase of 21.5% compared with 20,925 licences issued in 2021, a report published by the Read More

Business Featured News Regional

Travel industry analysts have named the UAE as the most recovered country in 2022

Global Business Magazine April 11, 2022

Tourism is an important sector of the world’s economy and is still coping with the damages caused by COVID-19. Tourism has Read More

Banking Featured News Regional

Net Profits of GCC Banks Register 40% Growth in 2021

Global Business Magazine April 11, 2022

The total net profits of the GCC banks soared to reach $35 billion, recording a growth of 40% in 2021 compared with $25 billion in 2020.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

Finance News World

Morning Bid: All about the hawks

Global Business Magazine April 8, 2022

Barring a last-minute rebound, global stock markets will end this week lower -- for European stocks that's the first weekly drop in Read More

Banking News World

RBNZ to raise rates by 25 bps on April 13, some call for 50: Reuters poll

Global Business Magazine April 8, 2022

New Zealand's central bank will opt for a modest 25 basis point interest rate rise on April 13, but is set to raise by Read More

Finance Featured News Regional

Market value of Saudi Arabia’s Tadawul reached $3.19 trillion by end of Q1 of 2022

Global Business Magazine April 5, 2022

The market capitalization of Saudi Arabia’s Tadawul All Share Index (TASI) at the end of Q1 of 2022 has reached $3.19 trillion, increasing Read More

Insurance Featured Finance News Regional

DNIR approves a 30% cash dividend at the Annual General Meeting

Global Business Magazine April 4, 2022

Following the conclusion of the AGM's annual general meeting today, Dubai National Insurance & Reinsurance PSC (DNIR) approved the distribution of 30% cash dividends (Read More

Finance Featured News Regional

UAE bourses perform well in Q1 of 2022

Global Business Magazine April 1, 2022

The UAE capital market indices jumped during quarterly trading, with the Dubai Financial Market (DFM) recording its eighth consecutive rise, and on Read More

Business Featured News Regional

Dubuy.com expands its Africa footprint by launching services in Africa

Global Business Magazine April 1, 2022

Eyeing the Africa’s e-commerce market, whose revenue was estimated to be around $28 billion in 2020, the UAE-based DP World has launched its Read More

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