Economic Growth - Global Business Magazine

CBUAE grants licence to Zand to operate as commercial bank

Global Business Magazine July 8, 2022

The UAE Central Bank has granted banking licence to Zand, the Emirates’ first digital bank that aims to cater to retail and Read More

Economy Featured News Regional

The UAE President has outlined a clear course for accelerating

Global Business Magazine July 7, 2022

The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, is quoted as saying that they will do everything in their Read More

Energy Featured News Regional

Global LNG demand set for slow growth in coming years

Global Business Magazine July 6, 2022

High prices and supply disruptions following Russia’s invasion of Ukraine lead to downward revision and cast doubt on natural gas’ prospects Read More

Economy Featured News Regional World

The World Bank has warned that the global economy could

Global Business Magazine July 5, 2022

The World Bank and the Organization for Economic Cooperation and Development (OECD) both slashed their estimates for economic growth, citing the ongoing Read More

Banking Featured News Regional

Mid-year outlook for Middle East banks improving, says Fitch Ratings

Global Business Magazine July 4, 2022

Business conditions for banks worldwide are likely to deteriorate this year compared to 2021 as rising prices slow down economic growth, according to Read More

Finance Featured News Regional

Islamic financial assets increased by 20% in Qatar

Global Business Magazine June 30, 2022

Islamic financial assets in Qatar increased by 20% TO $172 billion in 2021, with Islamic banks accounting for 87% of these assets, followed by Islamic Sukuk (11.6%) Read More

News Economy Regional

ADEX signs agreement with Jordan’s Capital Bank to open LoC

Global Business Magazine June 20, 2022

Abu Dhabi Exports Office (ADEX), an affiliate of the Abu Dhabi Fund for Development (ADFD) has signed an agreement with the Capital Read More

Technology Featured News Regional

The 41st Edition of Dtec forum to be held tomorrow

Global Business Magazine June 20, 2022

The business of Non-Fungible Tokens in the UAE and its evolving trends will be the main focus at the 41st edition of Read More

Finance Featured News Regional

Abu Dhabi has exceptional strength to face financial upheavals

Global Business Magazine June 8, 2022

Global ratings agency Standard & Poor’s (S&P) has announced that the exceptional strength of the Abu Dhabi government’s budget provides Read More

Business Featured News Regional

The UAE was the first Arab country to sign a

Global Business Magazine June 2, 2022

On Tuesday, the United Arab Emirates and Israel signed a Comprehensive Economic Partnership Agreement (Cepa) in Dubai. Their non-oil bilateral trade will Read More

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