Economy - Global Business Magazine

Egypt finalising global tender for World’s largest roof-top solar project

Global Business Magazine August 2, 2022

The Administrative Capital for Urban Development (ACUD) is finalising the largest international tender to make use of the rooftops of the buildings Read More

Finance Featured News Regional

Lord, Abbett Middle East Ltd opens office in DIFC

Global Business Magazine August 2, 2022

The US-based investment management firm, Lord Abbet Middle East Limited has received the approval of the Dubai Financial Services Authority (DFSA) to Read More

Economy Featured News Regional

Dubai chamber enrolls over 21,000 companies in H1 of 2022

Global Business Magazine August 2, 2022

Dubai Chamber of Commerce has achieved a record growth in new membership in the first half of 2022 as more than 21,000 companies joined Read More

Finance Featured News Regional

Middle East’s SWFs consider various options re-allocate their assets

Global Business Magazine August 2, 2022

The Sovereign Wealth Funds (SWFs) in the Middle East region are looking at various options in their asset allocation due to spiralling Read More

News Economy Featured Regional

Saudi Arabia’s mineral sites could fetch $1.33 trillion if tapped

Global Business Magazine August 1, 2022

Undersecretary of the Saudi Arabia’s Ministry of Industry and Mineral Resources Saleh Al-Aqili said that the Kingdom’s mining strategy aims Read More

Banking Featured News Regional

UAE banks’ assets Increase to $910 billion by May 2022

Global Business Magazine August 1, 2022

The Central Bank of the UAE (CBUAE) on Monday said that the total assets of the UAE banks increased to $940 billion at Read More

Finance Featured News Regional

UAE markets add over $146.20 billion between January and July 2022

Global Business Magazine August 1, 2022

Supported by strong gains for listed shares, increasing demand from international investors, in addition to new listings, the UAE stock markets added Read More

Energy Featured News Regional

Second natural gas discovery in Abu Dhabi offshore block 2 exploration announced

Global Business Magazine July 30, 2022

Abu Dhabi National Oil Company (ADNOC) on Friday announced a second discovery of natural gas resources in the first exploration well in Read More

Economy Featured News Regional

High global energy prices to boost GCC economies

Global Business Magazine July 29, 2022

The economies of the six-member Gulf Cooperation Council (GCC), have been experiencing an upturn since the second quarter of 2021, owing in part Read More

Economy Featured News Regional

Dubai ranked first globally in attracting FDI into tourism in 2021

Global Business Magazine July 29, 2022

Dubai retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021.Read More

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