Economy - Global Business Magazine

ADNOC L&S Starts Trading Its Shares on ADX

Global Business Magazine June 2, 2023

ADNOC, the state-owned The Abu Dhabi National Oil Company, on Thursday announced the commencement of trading of ADNOC Logistics and Services (ADNOC Read More

Banking Business Featured News Regional

DP World, Standard Chartered Bank Offer Trade Finance Solutions

Global Business Magazine June 1, 2023

DP World, a global leader in supply chain solutions, on Tuesday announced its partnership with Standard Bank, the largest bank in Africa Read More

Energy Featured News Regional

TAQA-led Consortium Secure $620 Million for Mirfa 2 RO Desalination Project

Global Business Magazine June 1, 2023

Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa (Read More

Real Estate Featured News Regional

New Residential Launches Gather Momentum in Abu Dhabi in Q1-2023

Global Business Magazine June 1, 2023

The New residential launches in Abu Dhabi have gained pace during the first quarter of 2023, according to Knight Frank Middle East and Read More

Finance Featured News Regional

UAE’s BNPL Platform Tabby Raise Over $350 Million in Debt Facility

Global Business Magazine June 1, 2023

Tabby, a Dubai-based buy now, pay later (BNPL) platform, has raised more than doubled its debt facility to $350 million.Read More

Finance Featured News Regional

Saudi First Milling Co’s IPO Attracts $18 Billion in Order

Global Business Magazine May 31, 2023

Saudi Arabia’s market-leading First Milling Company, which announced the offer price range of its Initial Public Offering (IPO) on 18 May 2023, along Read More

Economy Featured News Regional

DWTC’s Economic Output is $3.54 Billion by Holding 63 Mega Events in 2022

Global Business Magazine May 31, 2023

The total economic output of Dubai World trade Centre (DWTC) across 63 large-scale events was $3.54 billion, of which a substantive $2.01 billion was retained Read More

Economy Featured News Regional

Dubai Tops the List of Cities Benefited by Global Tourism Revenues in 2022

Global Business Magazine May 30, 2023

As many as four cities in the GCC region figure in the list of top 10 cities across the world which benefited from Read More

Economy Finance News Regional

Inflation in GCC Region Likely to Drop in 2023 and 2024

Global Business Magazine May 30, 2023

Several measures initiated by the GCC countries ensured that Inflation remained relatively low in the region in 2022 despite averaging higher than estimates Read More

Technology Featured Finance News Regional

MENA’s Gaming Industry Poised for Robust Growth

Global Business Magazine May 30, 2023

The Gaming revenues are expected to almost double by 2027 from 2021 in the Middle East and North Africa (MENA) region, reaching $6 billion, according Read More

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