Crude oil prices - Global Business Magazine

Saudi Aramco post 90% Y-o-Y increase in net income to $48.4 billion in H1 of 2022.

Global Business Magazine August 15, 2022

The Saudi Arabian Oil Company (Aramco) has posted a 90% year-on-year (Y-o-Y) increase in net income and declared a dividend of $18.8 billion to Read More

Energy News Regional World

Abu Dhabi’s Borouge secures cornerstone investors including India’s Adani family

Global Business Magazine May 23, 2022

Abu Dhabi-headquartered petrochemicals firm Borouge said on Monday it secured seven cornerstone investors, including India's wealthy Adani family for its $2 billion initial Read More

Finance Featured News Regional

More family-owned businesses plan IPOs on Abu Dhabi securities exchange

Global Business Magazine April 5, 2022

Heeding to the call of the government, FAM Holding, a family-owned business in the UAE engaged in real estate, has announced its Read More

Energy Featured Oil & Gas Regional

Russian Aggression In Ukraine A Windfall For Global Oil Producers

Global Business Magazine March 7, 2022

Rising crude oil prices is definitely welcome news for the oil producers as the United States has been discussing with its allies Read More

Banking Featured News Regional

UAE’s Listed Banks Propose $4.27 billion As Dividends For 2021

Global Business Magazine February 21, 2022

Aided by strong profits in 2021, 10 listed national banks on the UAE bourses have proposed cash dividends to the tune of $4.27 billion to Read More

Business News World

Explainer: Oil price spike leaves limited options for Biden

Global Business Magazine January 13, 2022

Two months after U.S. President Joe Biden announced an unprecedented effort among major oil consuming economies to work together to bring Read More

Business Economy Featured Finance News World

Dubai outperforms most Gulf bourses; Saudi falls

Global Business Magazine November 15, 2021

Dubai stocks rose sharply in early trade on Monday to their highest since March 2018, supported by upbeat corporate earnings, while the Saudi Read More

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