Economy - Global Business Magazine

UAE’s IHC to invest $2 bln in Adani Group’s companies

Global Business Magazine April 8, 2022

International Holding Co (IHC.AD) has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.Read More

Energy News World

IEA details plan to release 120 mln barrels of oil over 6 months to cool prices

Global Business Magazine April 8, 2022

The International Energy Agency (IEA) has listed members' contributions to a 120-million-barrel release of crude and oil products from emergency stockpiles aimed Read More

Business Featured News Regional World

Gold prices are falling as speculators anticipate higher US interest rate hikes

Global Business Magazine April 6, 2022

On Tuesday, Gold prices dropped as the dollar stayed strong on rising prospects of more Russian sanctions, and bigger interest-rate hikes by Read More

Finance Featured Regional

DEWA recently announced an increase in the size of IPO to 17%

Global Business Magazine April 6, 2022

On Tuesday, DEWA, Dubai Electricity & Water Authority, decided to increase the number of shares offered in its initial public offering (IPO) from 6.5 Read More

Business Featured News Regional

Dubai signs MoU with Singapore to improve public transportation

Global Business Magazine April 6, 2022

In order to further develop its public transportation, Dubai has sought help from Singapore to improve the system.Read More

Finance Featured News Real Estate

GCC countries can look at Green Finance to unlock $2 trillion by 2030

Global Business Magazine April 5, 2022

As countries across the world have pledged to achieve net zero emissions between 2050 and 2070, green finance is emerging as an alternate option Read More