GCC - Global Business Magazine

Abu Dhabi exchange best performing market in GCC in May

Global Business Magazine June 13, 2022

The FTSE Abu Dhabi Securities Exchange (ADX) index was the best performing market in the GCC during May 2022 despite registering a 0.3% monthly Read More

Economy Featured News Regional

The economies of the Gulf Cooperation Council will grow by 5.9 % in 2022

Global Business Magazine June 9, 2022

According to the new report by the World Bank, the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% Read More

Real Estate Featured News Regional

Saudi Retal Urban Development offers $32 per share

Global Business Magazine June 8, 2022

Saudi Arabia’s capital market’s strong momentum with a new Initial Public Offering (IPO) from the local real estate developer, Retal Read More

Economy Featured News Regional

GCC economies set to grow by 5.9% in 2022

Global Business Magazine June 7, 2022

The economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in Read More

Banking News World

Julius Baer hires Doha Bank’s head of private banking to lead Qatar expansion

Global Business Magazine June 7, 2022

Swiss wealth manager Julius Baer has hired the former head of private banking at Doha Bank, Slim Bouker, to lead an expansion Read More

Economy Featured News Regional

GCC benefits due to Russia-Ukraine conflict

Global Business Magazine June 6, 2022

The Russian invasion of Ukraine has opened new trade opportunities and partnerships for the GCC countries with the European Union (EU) and Read More

Business Featured News World

Deliveroo, a food delivery service, is also taking part in the UAE’s “1 Billion Meals” program

Global Business Magazine April 25, 2022

On Sunday, Food delivery company Deliveroo announced its contribution to UAE’s ‘1 Billion Meals’ initiative, the largest of its kind in the Read More

Finance Featured News Regional

GCC-listed companies make profits in 2021

Global Business Magazine April 21, 2022

Recovering from the impact of COVID-19 pandemic, the listed firms on the GCC bourses put up an impressive performance as was evident Read More

Banking Featured News Regional

Net Profits of GCC Banks Register 40% Growth in 2021

Global Business Magazine April 11, 2022

The total net profits of the GCC banks soared to reach $35 billion, recording a growth of 40% in 2021 compared with $25 billion in 2020.Read More

Finance Featured News Regional

GCC markets likely to attract $1 billion as Russia is removed from MSCI index

Global Business Magazine April 8, 2022

The exclusion of Russia from MSCI’s Emerging Market Index is expected to attract additional passive flows to the tune of $1 billion Read More

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