Economic recovery - Global Business Magazine

Profitability of top 10 Saudi banks surge in Q1 of 2022

Global Business Magazine June 8, 2022

The overall profitability of the 10 largest banks in Saudi Arabia increased by 17.6% on a quarterly basis in the first quarter of 2022, according Read More

Economy Featured News Regional

GCC economies set to grow by 5.9% in 2022

Global Business Magazine June 7, 2022

The economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in Read More

Economy Featured News Regional

The UAE’s real GDP is expected to grow at a faster rate of 5.4 % in 2022, according to the

Global Business Magazine June 1, 2022

On Monday, the United Arab Emirates’ central bank said in its annual report that the UAE’s real GDP grew by 3.8 percent Read More

Economy Featured News Regional

Saudi Arabia to become $1 trillion Economy in 2022

Global Business Magazine May 5, 2022

The Saudi Arabia economy is all set to exceed $1 trillion in 2022 for the first time in its history, according to International Monetary Read More

Business Featured News Regional

Turkey and the United Arab Emirates want to quadruple their bilateral trade

Global Business Magazine May 4, 2022

According to the officials, on Tuesday United Arab Emirates and Turkey have officially launched talks on a Comprehensive Economic Partnership Agreement (CEPA), Read More

Energy News World

Oil prices fluctuate in the face of supply and demand concerns

Global Business Magazine April 28, 2022

Oil prices dipped but were trading in and out of positive territory on Thursday as investors weighed up tightening Russian supplies and Read More

Economy Featured News Regional

Russia-Ukraine war impacts GCC economies, says IMF

Global Business Magazine April 26, 2022

The ongoing Russia-Ukraine conflict has taken a toll on growth of economies of the GCC countries, according to the International Monetary Fund (Read More