Economy - Global Business Magazine

DEWA Shares’ Subscription Begins Today

Global Business Magazine March 24, 2022

The subscription period for individual and institutional investors begins for 3.52 billion shares, equivalent to 6.5% of the shares of the Dubai Electricity and Read More

ADFD accords top priority for Water projects in 18 countries

Global Business Magazine March 24, 2022

The Abu Dhabi Fund for Development (ADFD) has earmarked $545 million for water projects among others being executed in 18 countries. The emphasis on Read More

Energy Featured Finance News

UAE’s power sector burns less hydrocarbons in meeting power demand in 2021

Global Business Magazine March 24, 2022

Marching ahead to meet its goal of net zero emissions by 2050, the UAE’s power sector has burnt less hydrocarbons to meet Read More

Business Featured News World

Some 19 IPOs are expected on Saudi bourse Tadawul by end of March

Global Business Magazine March 24, 2022

Saudi Arabia’s Stock Exchange (Tadawul) is to witness as many as 19 Initial Public Offerings (IPOs) by various companies by end of Read More

Business Finance News World

Explainer: Can companies leaving Russia recoup losses through insurance?

Global Business Magazine March 23, 2022

March 23 (Reuters) – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy Read More

Technology Finance News Regional

Thailand to ban use of digital assets as payments from April – SEC

Global Business Magazine March 23, 2022

Thailand has issued rules to ban digital assets from being used to pay for goods and services from April 1, the market regulator Read More

Banking News World

Euroclear joins bank-backed blockchain payment system

Global Business Magazine March 21, 2022

Securities settlement house Euroclear said on Monday it had joined a consortium of banks building a payment system for tokenised assets in Read More

Business Featured News Regional

Trade volume between Qatar and Germany jumps 76% in 2021

Global Business Magazine March 21, 2022

The trade volume between Qatar and Germany has crossed $3 billion in 2021, a surge of 76% compared with $1.7 billion the previous year. This growth Read More

Economy Featured News Regional

Bahrain happiest country and UAE follows in the GCC region

Global Business Magazine March 21, 2022

Four of the six countries in the Gulf Cooperation Council (GCC) have been ranked among the happiest countries in the world, according Read More

Featured

Saudi Aramco looking at China and India for joint ventures

Global Business Magazine March 21, 2022

Saudi Aramco, the world’s largest oil companies in the world, is exploring various opportunities with China’s state-owned Sinopec and holding Read More

Tags :Economy