Economy - Global Business Magazine

UAE’s SWFs to Offer Financial Support to War-Torn Ukraine

Global Business Magazine June 13, 2023

Abu Dhabi Investment Authority (ADIA) and ADQ, two State-owned investors of the UAE, are not only known for the business acumen but Read More

Technology Business News Regional

Saudi and UAE Consumers Considering Owning EVs in Future

Global Business Magazine June 13, 2023

Savings in costs as well as their contribution to reduce carbon emissions, seven out of 10 consumers surveyed in the UAE (73%) and Saudi Read More

Energy Featured News Regional

Oman to Become Middle East’s Top Exporter of Hydrogen by 2030

Global Business Magazine June 13, 2023

If things go as planned, Oman is competing with neighbouring Saudi Arabia and all set to become the biggest exporter of carbon-free Read More

Real Estate Featured News Regional

Residential Real Estate Preferred Choice for Qatar’s HMWIs, Says Report

Global Business Magazine June 13, 2023

Qatar’s High Net-Worth Individuals (HNWIs) mostly prefer residential real estate, primarily driven by the natural human affinity to this sector, a Read More

Energy Featured News Regional

Electricity Network in Three Saudi Governorates to be Improved at a Cost of $373 Million

Global Business Magazine June 12, 2023

Keeping in view of the growing demand for power and reduce carbon emissions, Saudi Electricity Co has decided to further improve electricity Read More

Energy Featured News Regional

Barakah Nuclear Plant’s Fourth Unit Readies for Commissioning

Global Business Magazine June 12, 2023

The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corp (KEPCO) have announced that Unit 4, the fourth and final unit Read More

Banking Featured Finance News Regional

Transactions in UAE Banking System Soar to $3.74 Trillion in One Year

Global Business Magazine June 12, 2023

The total transactions in the UAE money transfer system affiliated with the Central Bank exceeded a whopping $3.74 trillion in one year – between Read More

Banking Finance News Regional

UAE and Qatari Banks to Advice Hong Kong on Industry Issues

Global Business Magazine June 8, 2023

In a move aimed further strengthening cooperation between Hong Kong and the GCC region, the banks from the UAE and Qatar will Read More

Technology Featured Finance News

Google to Impose 14% VAT on Services in Egypt from Next Month

Global Business Magazine June 8, 2023

Global tech giant Google, has notified its users of imposing a 14% value-added tax on its electronic services in Egypt, starting July this Read More

Finance Bonds Featured News Regional

UAE’s SCA Exempts Firms Listing Green Bonds and Sukuk from Registration Fees

Global Business Magazine June 8, 2023

The UAE’s Securities and Commodities Authority (SCA), has approved a proposal to exempt companies wishing to list their green or sustainability-related Read More

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