GCC countries - Global Business Magazine

Investcorp and CIC Launch ‘Investcorp Golden Horizon’ to Invest In

Global Business Magazine May 3, 2024

Investcorp, a leading global alternative investment firm headquartered in Bahrain, and China Investment Corporation (CIC), one of the world’s largest sovereign Read More

Business Aviation Featured News Regional

Emirates and Qatar Airways Vie for Majority Stake in Romania’s

Global Business Magazine April 22, 2024

Two national carriers in the GCC region – Qatar Airways and Emirates Airlines – are in discussions to buy at least 51% stake in TAROM, Read More

Economy Featured News Regional

GCC Top Export and Re-Export Market for Dubai Chamber of

Global Business Magazine March 6, 2024

Dubai Chamber of Commerce (DCC), one of the three chambers operating under the umbrella of Dubai Chambers, on Tuesday said that the Read More

Economy Featured News Regional

Assets of GCC SWFs Reach $4.1 Trillion by end of

Global Business Magazine January 5, 2024

The assets under managements (AuM) of the five sovereign wealth funds (SWFs) in the GCC countries - ADIA, Mubadala, ADQ in the Read More

Energy Featured News Regional

Egypt Plans to Import More Gas from Israel

Global Business Magazine December 12, 2023

With the much-feared risks from Israeli war on Gaza subsiding, Egypt’s Liquefied Natural Gas (LNG) from Israel has jumped 52% during the Read More

Finance Featured News Regional

AD Ports Completes Two Concessionary Agreements in Q2-2023

Global Business Magazine September 8, 2023

The revenue of ABU Dhabi (AD) Ports saw 66% Y-o-Y growth to $540 million in 2Q of 2023, mainly driver by the maritime cluster, according Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More

Banking Featured Finance News Regional

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Business Featured News Regional

UAE and South Korea Pledge to Push Up Bilateral Investment

Global Business Magazine July 11, 2023

The UAE and South Korea have vowed to make joint efforts to push for their agreed-upon joint projects and investment plans in Read More

Economy Finance News Regional

Inflation in GCC Region Likely to Drop in 2023 and

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

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