GDP - Global Business Magazine

Abu Dhabi Fastest-Growing Economy in MENA Region

Global Business Magazine May 15, 2023

Abu Dhabi’s Gross Domestic Product (GDP) registered a 9.3% growth in 2022, thus making it the fastest growing economy in the Middle East Read More

Business Featured Finance News Regional

Emirates Reports Record Profit of $3 Billion in 2022-23

Global Business Magazine May 12, 2023

Spurt in travel demand ensured the UAE’s national carrier Emirates to register record profits in 2022-23.Read More

Finance Featured News Regional World

Al Reem Island is Part of Abu Dhabi Global Market’s Jurisdiction

Global Business Magazine May 9, 2023

The jurisdiction of Abu Dhabi Global Market (ADGM) financial district has been extended to include Al Reem Island on Monday.Read More

Economy Business Featured News Regional

Over 31.86 million Passenger Travel Through UAE Airports in Q1-2023

Global Business Magazine May 3, 2023

The number of passengers through the country’s airports increased by 56.3% during the first quarter of this year compared with the corresponding Read More

Banking Featured News Regional

Oman’s Islamic banking sector’s assets increase by 9.1% to reach $16.6 billion

Global Business Magazine December 13, 2022

The total assets of Oman’s Islamic banking sector, including Islamic banks and windows operating in the sultanate, increased by 9.1% year-on-year to Read More

Economy Featured News Regional

Dubai’s GDP grows to 4.6% to $84 billion in first nine months of 2022

Global Business Magazine December 13, 2022

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, announced that Read More

Banking Featured News Regional

UAE’s banking sector cross $900 billion in 2022

Global Business Magazine November 17, 2022

UAE’s banking sector assets have grown 12-fold - from $75 billion in 2000 to over $900 billion in 2022 - a jump from 70% of the Read More

Economy Featured News Regional

Saudi Arabia’s economy poised to grow at 7.6% in 2022, says IMF

Global Business Magazine September 1, 2022

The International Monetary Fund (IMF) said in its annual report that Saudi Arabia’s economy would register a growth rate of 7.6% during Read More

Real Estate Featured News Regional

Nakheel Properties announces new master plan for Dubai Islands

Global Business Magazine August 23, 2022

Nakheel, the Dubai-based world-leading master developer and that of Palm Jumeirah, on Monday unveiled a new vision for Dubai Islands which will Read More

Economy Featured News Regional

UAE’s GDP growth to exceed 5% in 2022

Global Business Magazine August 8, 2022

UAE Minister of Economy Abdullah bin Touq Al Marri announced that the GDP growth estimates for 2022 exceed 5%, stressing that foreign trade has Read More

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