Economic Growth - Global Business Magazine

UAE’s SCA Exempts Firms Listing Green Bonds and Sukuk from

Global Business Magazine June 8, 2023

The UAE’s Securities and Commodities Authority (SCA), has approved a proposal to exempt companies wishing to list their green or sustainability-related Read More

Technology Featured Finance News Regional

MENA’s Gaming Industry Poised for Robust Growth

Global Business Magazine May 30, 2023

The Gaming revenues are expected to almost double by 2027 from 2021 in the Middle East and North Africa (MENA) region, reaching $6 billion, according Read More

Economy Featured News Regional

UAE’s banking sector poised to grow further in 2023

Global Business Magazine January 9, 2023

Posting recovery from the ill-effects of COVID-19 by achieving a growth rate of 7% in 2022, the UAE’s banking sector is preparing itself Read More

Economy Featured News Regional

New shipping service to connect Jubail commercial port to 11

Global Business Magazine January 4, 2023

The Saudi Ports Authority (Mawani) has announced the addition of Jubail Commercial Port to India to East Med shipping service by MSC (Read More

Finance Featured News Regional

Middle East’s SWFs rise and shine than ever, says report

Global Business Magazine January 3, 2023

In the global context of geopolitical, economic, and financial uncertainty, Middle Eastern Sovereign Wealth Funds (SWFs) are shining more than ever, according Read More

Energy Featured News Regional

Egypt launches Africa’s first voluntary carbon market at COP27

Global Business Magazine November 10, 2022

The Egyptian government launched the first African voluntary carbon market, which will be based in Egypt, on the side lines of the Read More

Finance Featured News Regional

Abu Dhabi’s Bayanat plans to list 22.22% stake on ADX

Global Business Magazine October 18, 2022

Bayanat AI, a subsidiary of G42, will offer 22.22% (571.4 million) of its shares through an initial public offering (IPO) and list on the Read More

Business Featured News Regional

ADNOC Drilling awards $1.53 billion contract to support expansion of

Global Business Magazine October 11, 2022

Abu Dhabi National Oil Company (ADNOC) announced today the award of a contract worth $1.53 billion (AED 5.62 billion) to ADNOC Drilling. The award Read More

Business Featured News Regional

Islamic insurer Salama secures approval to merge with Takaful Emarat

Global Business Magazine October 3, 2022

Salama, Dubai-based Islamic Arab Insurance Company, on Monday confirmed that it has obtained initial regulatory approval for a merger with Takaful Emarat Read More