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Abu Dhabi’s stock exchange submits SPAC framework proposal -statement

Global Business Magazine November 9, 2021

Abu Dhabi has proposed a regulatory framework to allow the listing of blank-cheque companies, potentially opening the door to a slew of Read More

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Demand for office space in Riyadh rises after HQ ultimatum

Global Business Magazine November 9, 2021

Demand for high-quality offices in Riyadh has increased after Saudi Arabia said foreign firms should move their regional headquarters there to be Read More

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Oil spare capacity to diminish as jet demand returns, Aramco

Global Business Magazine November 9, 2021

Global oil spare production capacity could diminish next year as air passengers return to the skies, removing an important cushion that the Read More

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The New Masters: How auction houses are chasing crypto millions

Global Business Magazine November 9, 2021

Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that Read More

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Abu Dhabi hits record as most markets rise; Qatar bucks

Global Business Magazine November 8, 2021

Most stock markets in the Gulf rose in early trade on Monday, with the Abu Dhabi index reaching an all-time high, while Read More

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Asia stocks go guarded ahead of U.S. inflation test

Global Business Magazine November 8, 2021

Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced Read More

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Oil gains after U.S. infrastructure bill passes, Chinese exports rise

Global Business Magazine November 8, 2021

Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned Read More

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Thailand officially opens to vaccinated travelers!

Global Business Magazine November 6, 2021

Thailand has decided to reopen to vaccinated visitors from 63 countries and territories after lengthy quarantine. Bangkok and Phuket have welcomed the first Read More